APFT proposes move to diversify into oil and gas


PETALING JAYA: Aviation training firm APFT Bhd has proposed to acquire a 51% stake in an oil and gas services company called PT Technic (M) Sdn Bhd for RM30.6mil as a means to diversify its earnings base.

StarBiz had reported in July, when APFT’s shares were actively traded, that dealers had speculated APFT was mulling a venture into the oil and gas sector.

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Business , apft , pt technic , datuk faruk

   

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