KUALA LUMPUR: RAMUNIA HOLDINGS BHD []'s shares and warrants were actively traded on Wednesday, March 23 on the company's plans to venture into the offshore oil and gas business in Malaysia and the region via a tie-up with Drydocks World of Dubai.
At 10.30am, Ramunia's shares were up four sen to 61 sen while its warrants added 3.5 sen to 41.5 sen.
Ramunia has sealed an agreement for a floating production, storage and offloading (FPSO) deep producer vessel, known as the MT Laurita.
The arrangement would enable Ramunia to venture into the field of engineering, procurement, CONSTRUCTION [], installation and commissioning. It plans to provide the full offshore production facilities and to penetrate into the growing offshore floating facilities business within the local and regional upstream oil and gas sector.
At 10.30am, Ramunia's shares were up four sen to 61 sen while its warrants added 3.5 sen to 41.5 sen.
Ramunia has sealed an agreement for a floating production, storage and offloading (FPSO) deep producer vessel, known as the MT Laurita.
The arrangement would enable Ramunia to venture into the field of engineering, procurement, CONSTRUCTION [], installation and commissioning. It plans to provide the full offshore production facilities and to penetrate into the growing offshore floating facilities business within the local and regional upstream oil and gas sector.
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