Uzma inks agreement with Petronas

PETALING JAYA: Uzma Bhd’s wholly-owned subsidiary, Uzma Engineering Sdn Bhd (UESB) has signed a commercialisation agreement with Petronas Technology Ventures Sdn Bhd (PTVSB) to commercialise the Non-Metalic Pipeline (NMP).

Under the agreement, PTVSB has granted UESB the licence to market and use the installation method developed by Petronas and its affiliates to install NMP, and use data and information in relation to qualified NMP as supplied by PTVSB and its affiliates, it said in a filing with Bursa Malaysia.