Deleum gears up to deliver the best

Oil support services group is looking at enhancing its service levels and strengthening technological expertise, says managing director Chandran Aloysius Rajadurai.

Deleum to ride on oil and gas industry via M&As

Deleum Bhd wants to expand via mergers and acquisitions overseas and organic growth locally to tap the buoyant oil and gas (OG) industry.

Market gives up gains, AMMB in focus

The market gave up most of its early gains at midday on Friday as investors were quick to lock in gains but AMMB was in focus, surging 5% in active trade.

Stock watch

Deleum to tap regional O&G service support sector

DELEUM Bhd is gearing up for an optimistic year on the back of promising opportunities within the oil and gas (OG) sector as well as various acquisitions and expansion efforts.

Deleum opens Solar turbine service facility

Oil and gas service provider Deleum Bhd has opened a RM20mil facility to service Solar turbines in the region.

SMEs set to gain from Govt incentives

The year 2008 is expected to be a watershed year for the Malaysian economy, says Sullivan O'Carroll, managing director of Nestle (M) Bhd. He expects consumer spending to be affected by inflationary pressures. For Hitachi Data Systems Malaysia, 2008 will be a positive year for small and medium scale enterprises that have been granted generous Government incentives, says managing director Johnson Khoo. Oil and gas player Deleum Bhd will consider a merger and acquisition if there are complementary services and expertise to be tapped, according to group managing director Chandran Aloysius Rajadurai.

Deleum to buy 51% of Penaga Dresser

Deleum Bhd has entered into a conditional share sale agreement to acquire a 51% stake in Penaga Dresser Sdn Bhd for RM7.25mil.

Deleum planning to buy 51% stake in Penaga Dresser

Deleum Bhd has entered into a conditional share sale agreement to acquire a 51% stake in Penaga Dresser Sdn Bhd for RM7.25mil.

Deleum shares up on bullish O&G sector

Oil support services provider Deleum Bhd, which made an impressive debut on Bursa Malaysia main board last Friday, continued on its winning streak yesterday, with its shares putting on RM1.22, or 29.2%, and closing at the day's high of RM5.40.