- Oiltek has proposed a secondary listing on Bursa Malaysia to boost regional presence, improve investor access, increase liquidity and tap an additional platform for future fundraising.
- - Read this at SGinvestors.io -
Proposed dual-listing on Bursa Malaysia to strengthen regional presence.
- On 21 Jul 25, Oiltek announced its intention to pursue a secondary listing on Bursa Malaysia, reflecting its commitment to long-term growth and enhanced shareholder value.
- - Read this at SGinvestors.io -
- The proposed listing is expected to diversify Oiltek’s investor base, increase trading liquidity and provide greater flexibility for future capital-raising initiatives. This is still in preliminary stages and subject to regulatory approvals but marks a strategic step toward reinforcing Oiltek’s position as a regional leader in process and renewable energy solutions across Asia.
Valuation re-rating could continue with the dual listing given strong moats.
- Read more at SGinvestors.io.