PETALING JAYA: Steel Hawk Bhd
has received shareholders’ approval at its EGM to diversify into the expanded engineering, procurement, construction and commissioning or EPCC (expanded EPCC) segment.
In a statement, the oil and gas (O&G) services and equipment provider said the proposed diversification represents a strategic expansion of Steel Hawk’s existing business into the expanded EPCC segment, enabling the group to leverage on its engineering and project delivery strengths beyond the O&G sector.
“This positions the group to capture opportunities in high-potential sectors, including amongst others, utilities and power, industrial manufacturing, healthcare, defence, telecommunications and large-scale commercial projects.”
Steel Hawk said its diversification will be anchored by its first venture outside the O&G segment.
