EPC contract for Sarawak phosphate additives plant to be awarded soon


According to Bintulu Port Holdings Bhd

THE award for the engineering, procurement and construction (EPC) contract for the multi-billion ringgit phosphate additives plant being planned for Sarawak will be announced next week.

While on the face of it this may not be too exciting a development, it is part of a chain of events that will eventually lead to the completion of a reverse takeover of a little known Singapore-listed company called OLS Enterprise Ltd by one of the shareholders of the phosphate plant project.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , OLS , MTDC , SIngapore , Samalaju

   

Next In Business News

Ringgit seen trading range-bound at RM4.38-RM4.40 against US dollar next week Premium
CPO futures on cautious tone next week Premium
PetChem finds good fit in Sweden’s Perstorp Premium
Short Position - CPO prices, Green hydrogen in Malaysia Premium
Chin Hin Group continues M&A spree Premium
Recovery theme sustains short-term interest in M-REITs Premium
New vehicle sales down 3.6% in April Premium
Khazanah in S. Korean partnership with SK ecoplant Premium
Higher palm oil price boost for Sime Darby Premium
Pharmaniaga’s quarterly revenue rises 21.26% Premium

Others Also Read