With the new contract, the company’s current order book is approximately RM229.3 million and is expected to be fulfilled over the next 18 to 24 months.
The new contract is expected to have a positive impact on the financial performance of the company for the financial year ending Dec 31.
Shares in Oiltek closed 1 cent higher or 4.6% up on Feb 7 at 22.5 cents.
