Oiltek International Secures MYR45.5 Million Contract in Latin America

MT Newswires

2024/10/29

Oiltek International (SGX:HQU) wholly owned subsidiary, Oiltek Sdn, secured an additional contract in Latin America worth about 45.5 million ringgit, according to a filing with the Singapore Exchange on Tuesday.

The contract involves the design, fabrication, delivery, testing and commissioning of a 400-metric-ton-per-day neutralization plant.

The new contract brings the company's secured contracts for the year ending Dec. 31 to roughly 197.8 million ringgit while taking the current order book to about 400.9 million ringgit.

Price (SGD): S$67.76, Change: S$+0.38, Percent Change: +0.56%

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