PETALING JAYA: UOB Kay Hian (UOBKH) Research states that Velesto Energy Bhd (VEB) is unlikely to leverage fully on any upside to the daily charter rates (DCR) for jack-up (JU) rigs, given its locked-in DCR with Petroliam Nasional Bhd (PETRONAS) but shields it from the current discount in the South-East Asia region’s DCR as compared to other parts of the world.