Techfast secures RM2.22b fuel oil contract from Singapore firm


KUALA LUMPUR: Techfast Holdings Bhd’s unit has secured a RM2.22bil contract from Singapore’s Wise Marine Pte Ltd to supply sulphur oil over three years.

Techfast said in a filing to Bursa Malaysia on Monday its unit, Fast Energy Sdn had on March 12, entered into a supply agreement with Wise Marine to supply low sulphur fuel oil, low sulphur marine gasoil and high sulphur fuel oil to Wise Marine.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

PNB, GLICs to develop 10 bumiputera champion firms by 2030
World Bank: Malaysia shows strong progress in reducing poverty, must now focus on inclusive growth
Nestl� for Healthier Kids marks 15th anniversary, aims for 500,000 students by 2030
Johor a top regional hotspot
Flooring to beat Malaysia’s heat
URA: Why it deserves support
E-invoice exemption threshold up to RM1mil starting 2026, says PM
Ringgit to remain steady, trade within 4.10-4.12 versus greenback next week
Majuhome� built to last
Genting’s high-stakes double-edged win

Others Also Read