Oiltek
Oiltek is an established integrated process technology and renewable energy solutions provider in the vegetable oils industry. The company provides solutions that cater to all types of vegetable oils, including palm oil, soybean oil and rapeseed oil, which are some of the major agricultural commodities in the world.
Oiltek’s Q3 net profit rises 6.2% YoY on margin gains
Oiltek’s Q3 net profit rises 6.2% YoY on margin gains
Improved margins lift quarterly income despite segment challenges.
Oiltek International mulls secondary listing in Bursa Malaysia
Its board is of the view that this will broaden and widen its investor reach.
Oiltek in talks with SEDC Energy for possible role in SAF pilot programme
The plant has an initial size of 15 KTA.
Oiltek promotes its financial controller to CFO
Goh Chee Yong was recommended by the audit and risk committee and the CEO.
Oiltek outlines proposed bonus issue in circular to shareholders
The bonus issue will be distributed on a two-for-one basis to existing shareholders.
Oiltek, KPI form JV to build sustainable fuel facility in Indonesia
The partners will explore alternative feedstocks to replace Crude Palm Oil (CPO)
Oiltek applies to transfer to SGX Mainboard
The company has been listed on the Catalyst board since 2022.
Oiltek’s FY2024 net profit soars 55% to $9m
Earnings per share stood at $0.0629.
Oiltek bags $13.78m contract in Latin America
The group's total new contracts this year have reached around $59.94m.Oiltek International Limited has secured an additional contract in Latin America valued at approximately $13.78m through its subsidiary, Oiltek Sdn. Bhd, its bourse filing announced.The contract covers the design, fabrication, delivery, testing, and commissioning of three facilities, namely a 400 metric tonnes-per-day neutralisation plant, an acidulation plant, and a downstream niche product refining plant. With this contract, Oiltek’s total new contracts secured this year have reached around $59.94m.
Oiltek bags new contracts from Africa, Central America, and Malaysia
The new contracts increased Oiltek’s order book to $114.7m.
Oiltek’s net profit soars to 50% for H1 2024
As of 30 June the group's financial position is with zero debt.
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