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Home›News›SAAG buys interest in Labuan shipyard
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September 11, 2007 · about 19 years ago

SAAG buys interest in Labuan shipyard

SAAG Consolidated (M) Bhd plans to enter deepwater oil and gas activities with its proposed acquisition of an effective 35% stake in Persada Nuri Sdn Bhd (PNSB). PNSB is in a three-year joint venture with Labuan Shipyard & Engineering Sdn Bhd to develop the Labuan shipyard to support deepwater activ

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SAAG Consolidated (M) Bhd plans to enter deepwater oil and gas activities with its proposed acquisition of an effective 35% stake in Persada Nuri Sdn Bhd (PNSB).

PNSB is in a three-year joint venture with Labuan Shipyard & Engineering Sdn Bhd to develop the Labuan shipyard to support deepwater activities in the area.

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