Borneo Oil signs deals for marble quarry ops

KUALA LUMPUR: Borneo Oil and Gas Corp Sdn Bhd, a subsidiary of Borneo Oil Bhd, has entered into sublease and marble quarry operation agreements to acquire seven parcels of quarry land in Lahad Datu, Sabah.

In a filing with Bursa Malaysia, the company said the agreements were in line with the groups expansion plan into limestone mining and related activities.