Oiltek

Koh Brothers rejects shareholders’ renewed push for distribution of Oiltek stake

Putting the same resolution to a vote at the group’s 2025 AGM was to promote open engagement, says the board

The development is expected to kick off in the fourth quarter of 2026.

Oiltek to co-develop US$350 million sustainable aviation fuel facility in Sabah

It is partnering Brunei-based renewable fuel company BioSeaga Industries

The proposal involves 97.4 million Oiltek shares.

Shareholders push Koh Brothers for in-specie distribution of Oiltek stake

Shares of Koh Brothers Eco Engineering climb as much as 8.6% with nearly seven million shares transacted

No application has been made to Securities Commission Malaysia in relation to the proposed listing by Oiltek as at Monday morning.

Oiltek proposes secondary listing on Bursa Malaysia’s main market

This provides the company the flexibility to access different equity markets to raise funds

As at Thursday morning, no definitive agreements or formal plans have been finalised or approved by the board, the company said.

Oiltek, SEDC Energy in talks on potential role in Sarawak sustainable aviation fuel plant initiative

The programme is in collaboration with sustainable aviation fuel technology provider Sulzer

Oiltek International's executive director and chief executive Yong Khai Weng believes novelty is what fetches businesses bigger growth and a larger premium.
TOPLINE

Mainboard-hopeful Oiltek gets slick with innovation, internationalisation

The vegetable and edible oil process engineering firm is riding a wave of ‘buy’ calls

The new contracts are with regards to the design, fabrication, delivery, testing and commissioning of various plants or refinery complexes.

Oiltek bags RM61.9 million in new contracts across South-east Asia and other global markets 

This brings the group’s current order book to RM402.4 million, which is expected to be fulfilled over the next 18 to 24 months

Since the company was listed on the Catalist board on Mar 3, 2022, Oiltek has designed, built and commercialised plants in more than 35 countries.

Oiltek applies to transfer listing to SGX mainboard

The company says the shift could result in better liquidity and improved share performance

SGX indicates that the top 100 most-traded stocks had total returns of 11 per cent in the first five months of the second half of 2024.

All fuelled up: Renewable energy wave pushes this Singapore stock to surge more than 370% this year

Oiltek has had a stellar run, and others that have outperformed include Wee Hur and Beng Kuang