Uzma diversifying for long-term survival


Uzma, an oil and gas (O&G) services and equipment company, has made some headway with some contract wins in the solar business, digitalisation and aviation/aerospace products and services.The diversification into RE is timely and gaining traction, said TA Research.

PETALING JAYA: Diversifying into renewable energy (RE) and technology is Uzma Bhd’s way of keeping its revenue streams intact as the global trend in energy transition is to move away from fossil fuels.

Uzma, an oil and gas (O&G) services and equipment company, has made some headway with some contract wins in the solar business, digitalisation and aviation/aerospace products and services.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Uzma Bhd , diversifying , oil , gas , solar , sigitalisation , aviation ,

   

Next In Business News

Wall St set to open sharply higher on soft jobs data
US job growth slows in April; unemployment rate rises to 3.9%
HSBC has no plans to dispose of further businesses, Chairman says
MJets Air inks aircraft charter agreement with Teleport
Ringgit extends gains to end higher against US dollar
S P Setia to launch Nadi 2, Setia Commerce Square in Setia EcoHill 2, Semenyih this weekend
Farm Price IPO oversubscribed by 91.35 times
XOX to undertake RM303mil capital reduction
Uzma bags contract from Sarawak Shell
Loob Holding eyes Tealive chain expansion into Indonesia by year-end

Others Also Read