Sanichi Technology Bhd, a plastic injection mould maker, has teamed up with licensed Petronas' vendor, Petrowangsa Sdn Bhd (Petrowangsa) to jointly bid for Petronas’ oil storage tank terminal contracts in the oil and gas (O&G) industry in Malaysia and the region.
The two parties inked a memorandum of understanding (MoU) to form the alliance today, according to Sanichi’s bourse filing.
Under the MoU, Petrowangsa will award, subcontract or nominate Sanichi as contractor, should it secure contracts in relation to its licences with Petroliam Nasional Bhd (Petronas), while Sanichi will provide mechanical engineering solutions to Petrowangsa.
In a press statement, Sanichi managing director Datuk Seri Dr Jacky Pang said the group is “very excited” about the partnership, as the value of the oil storage terminal projects under Sanichi’s radar in Malaysia and around the region is estimated to be above RM1 billion.
Sanichi get biz with petronas . Gold eagg. Keep it . Would regret one. Maybe become super star. At this price only 0.033 before cons. So cheap where got wor?
you can good also can say no good lol, if you guys got monitor, you will know sanichi is a goreng king sanichi goreng sanichi sendiri lol, last month sanichi goreng himself from botoom 0.11 up to 0.16 just in a few days time with OR trading as well. so sanichi want up 100% also can down also can, see the guy who goreng it, but the news is true about sanichi and petronas partner , so high risk high profit . agreed ? ?
Miss Lim is just an ordinary old lady who desperately tried to earn a fortune out of this Sanichi counter, but apparently it turns out to be losing most.
if no RI the price will stayed at 7x4=28Cts. the stupid greedy proposal will end up share price at 7-8 cts. the board of directors should get the useles fatty fella fired. haha
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ab8376
81 posts
Posted by Ab8376 > 2016-06-21 12:21 | Report Abuse
High volume yet the share is down, is very strange