M&G sets up JV co to diversify into O&G engineering segment


PETALING JAYA: Marine & General Bhd (M&G) is setting up a joint venture (JV) company with WHS Global Engineering Sdn Bhd to undertake engineering contracts consisting of steel fabrication and hook-up works, as well as the provision of specialised equipment.

In a filing with Bursa Malaysia, the offshore support vessels services provider said the JV company, M&G WHS Engineering Sdn Bhd, will have an initial paid-up share capital of RM100,000.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Marine & General , JV , WHS Global Engineering ,

Next In Business News

ITMAX bags RM36mil govt contract
Firmer ringgit, steady equity gains in 2026
Bursa ends lower on profit-taking after four-day rally�
MEB sells supply vessel for RM74mil
Prestar to acquire land in Selangor for RM17mil
Gamuda’s Australian JV wins RM2.69bil package
TSR Capital bags RM48mil building project
High capital expenditure likely to weigh on Genting
Farm Fresh profits to rise
Petrochemical industry faces historic downturn

Others Also Read