Techfast ventures into petroleum trading, oil bunkering


Techfast is bidding for contracts to boost its order book and exploring earnings-accretive opportunities via strategic partnerships or merger and acquisition.(File pic: Techfast factory)

KUALA LUMPUR: Components manufacturing group Techfast Holdings Bhd is proposing to diversify into the trading of petroleum products, oil bunkering and other related businesses.

Executive director Vincent Tan Wye Chuan said the business diversification will reduce the company’s sole reliance on its existing manufacturing business.

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