SGX Mainboard-listed Oiltek International Limited has secured new contracts worth approximately RM74.3 million across Malaysia, Indonesia and Pakistan, bringing cumulative contracts secured in FY2025 to approximately RM136.2 million.
The five contracts cover a physical refinery plant in Pakistan, an anaerobic digester tank for a POME-Biogas Capture Plant in Malaysia, a packing line and a shortening plant in Indonesia, and building and installation works for a new palm oils and fats refinery complex in Malaysia.
The Group’s order book now stands at approximately RM398.2 million, expected to be fulfilled over the next 18 to 24 months. The new contracts are expected to have a positive impact on FY2025 financial performance.
