Deleum eyes M&A with Malaysian O&G companies


KUALA LUMPUR: Deleum Bhd is eyeing out for merger and acquisition (M&A) opportunities with other local oil and gas (O&G) services provider as part of its expansion plans, said group managing director Nan Yusri Nan Rahimy.

“We have identified several potentials for M&As that will complement our current businesses, mainly in oil field services and maintenance, repair and overhaul (MRO),” he told reporters after the group AGM on Tuesday.

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!

Deleum , O&G

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read