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$DELEUM / 5132 (DELEUM BERHAD)
Research by MIDF
Buy – TP of MYR 1.62

“RM105m Contract to Add to FY24 Revenue”

LoA from PETRONAS Carigali. Deleum Berhad (Deleum)’s 86.67% owned indirect subsidiary, Deleum Technology Solutions Sdn. Bhd. (DTS), has received a Letter of Award from PETRONAS Carigali Sdn. Bhd (PCSB). The contract consisted of the Provision of Offshore Maintenance, Construction and Modification (MCM) Services covering Peninsular Malaysia Assets (Gas Package) for CY24.

Analyst(s):
MIDF Research
research@midf.com.my

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