UMW to push oil and gas ops

  • Business Premium
  • Wednesday, 07 Jul 2004

UMW Holdings Bhd, in its efforts to diversify from its automotive business, is aggressively expanding its oil and gas-related operations, which it sees as a significant contributor to group profits over the next two to three years. 

Group managing director and chief executive officer Dr Abdul Halim Harun said: “The group is confident its current investments in the oil and gas-related projects will offer the potential to generate healthy returns even in the near term.” 

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