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Green Marine

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

1 minutes read

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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