From left: Group Chief of Executive of Deleum Services Sdn Bhd Ramanrao Abdullah, Deleum Chairman Tan Sri Shamsul Azhar Abbas and Director of OSA Industries Ong Siow Aik at signing ceremony and press conference hosted by Deleum Bhd.
KUALA LUMPUR: Integrated upstream oil and gas player Deleum Bhd
is looking at expanding to more countries within South-East Asia, particularly Thailand and Vietnam, following its proposed acquisition of a 70% stake purchase in an Indonesian valve solutions provider.
“We are looking at many opportunities, but you’ve got to make sure that at the same time not bite more than you can chew, so we’re mindful of that,” said Deleum group chief executive officer (CEO) Ramanrao Abdullah at a press conference after a signing ceremony to formalise the stake acquisition.
