JAG is services partner for Atreon

PETALING JAYA: JAG Bhd’s wholly owned subsidiary, Jaring Metal Industries Sdn Bhd (JMI), will be appointed as a services partner of Atreon Holdings Sdn Bhd (AHSB) for the spent catalyst processing and treatment at JMI’s facilities in Malaysia.

According to an agreement signed on June 13, 2023, AHSB is required to pay a minimum value of RM27.6mil throughout the course of the three-year contract, in accordance with the right invoices that have been reviewed and accepted by both JMI and AHSB.