Oiltek International bags RM49.2m in new contracts
Singapore
OILTEK International's subsidiary in Malaysia has secured new contracts amounting to some RM49.2 million (S$15.8 million) to date for its current fiscal year ending Dec 31, 2022.
In its announcement on Monday (Apr 4), the Catalist-listed company said its most recent contract win entails the design, fabrication, supply and commissioning of a crude palm kernel oil refinery plant and a lauric refinery plant with ice condensing vacuum systems in Indonesia.
TRENDING NOW
NDR 2026: Singapore to create new Western island to support 'new generation of industries'
Russia’s ‘pivot to Asia’ takes a turn as it prioritises ties with isolated regimes over bigger economies
Singapore cannot assume economic growth will create as many jobs amid AI shift: Gan Kim Yong
Aster marks third Singapore deal with Changi Airport fuel infrastructure stake