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from their qtr
prospects
For FY2025, we anticipate robust activity across the oil and gas industry encompassing the upstream,
midstream and downstream segments. This optimism is primarily driven by expectations of global and
domestic economic growth and hence able to support stable crude oil prices.
Beginning 2025, the Group began working on the three new maintenance, construction and modification
(“MCM”) contracts secured. As the 1st quarter is typically a weaker period, most the work undertaken during
this period is focused on planning and scheduling the execution of these projects.
With estimated call-out contract value about RM5.2 billion in the next five years, the Group will continue to
enhance productivity and improve efficiency in the execution of the contracts while actively participating in
new tender opportunities.
We will remain prudent in managing business affairs while continuing to deliver outstanding performance.