According to Petronas president and group CEO Tan Sri Wan Zulkiflee Wan Ariffin, the group remains committed to its planned RM50bil capex spending for 2019 – to be allocated equally between Malaysia and overseas projects.
Several oil and gas (O&G) service providers on Bursa Malaysia have seen their share prices edge upwards in recent weeks despite the overall sluggish market.
Among them is Uzma Bhd
, whose stock has risen by almost 57% since late August this year.
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