Handal Energy plans to diversify ops

PETALING JAYA: Handal Energy Bhd is proposing to diversify its business to include telecommunications (telecoms) network infrastructure solutions and marine sand segments.

In a filing with Bursa Malaysia, the integrated oil and gas services provider said under the telecoms network infrastructure solutions segment, the company will be owning, operating and leasing out space for telecoms towers, as well as setting up and integrating 5G private networks.