Reservoir Link unit secures work order from PETRONAS Carigali
In a stock exchange filing, Reservoir Link said the work order commenced on May 26, 2025, for a period of four years until May 25, 2029.
In a separate statement, Reservoir Link said the contract is expected to generate up to RM25mill annually, which collectively amounts to an estimated RM100million over four years.
"Gazing forward, we believe this sustained success will place us in an optimum position to secure more contracts, leveraging our established expertise and the reliability that we have become synonymous for.
"This latest achievement serves as a solid foundation for continued growth and expanded partnerships, and we are immensely excited to see what opportunities this momentum will bring, going forward,' said executive deputy chairman Thien Chiet Chai.
Reservoir Link's shares were last traded before the lunch break at 21 sen a share, up 0.5 sen from the previous session's closing price, after 9.36 million shares changed hands.
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