Wah Seong's Qatar venture wows ‘em

Wah Seong deputy managing director and CEO of O&G division Giancarlo Maccagno(pic) reckoned that the expansion would require the construction of more than 1,000 km of new pipelines, both onshore and offshore.

PETALING JAYA: Wah Seong Corp Bhd’s venture into Qatar, with an eye to capture a big slice of the kingdom’s upcoming gas pipe coating business, has whetted investors’ appetite for the stock.

Last month, the company said it is setting up an anti-corrosion and concrete weight coating plant in the gas-rich kingdom together with a local partner.