Business & Finance

Deleum Berhad's signing ceremony was held in Kuala Lumpur, Malaysia, on 5 December 2024. From left: Rao Abdullah, Group CEO of Deleum Berhad; Tan Sri Dato Seri Shamsul Azhar, Chairman of Deleum Berhad; and Ong Siow Aik, Director of OSA Industries Pte Ltd. | Photo by Zahara Nordin / News Hub Asia

Deleum acquires majority stake in PT OSA, expands valve solutions across...

Deleum Berhad, a prominent oil and gas services provider, has announced its acquisition of a 70 per cent stake in Indonesia-based PT OSA Industries...
Danny Tan, CEO of Worldwide Stainless, touring the revitalised Bahru Stainless facility with the team, as operations resume with a renewed focus on growth and sustainability. | Johor, Malaysia. 13 December 2024. | Photo by Worldwide Stainless / NHA File Photo

MALAYSIA: Worldwide Stainless completes USD 95 million acquisition of Bahru Stainless

Worldwide Stainless Sdn. Bhd. has finalised its USD 95 million acquisition of Bahru Stainless Sdn. Bhd., marking the beginning of a synergistic chapter for...