Deleum up 4.42% on landing 3-year Petronas Carigali job

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KUALA LUMPUR (Feb 19): Shares in Deleum Bhd rose 4.42% this morning after it bagged a three-year contract to provide gas lift valves and insert strings equipment, accessories and services to Petronas Carigali Sdn Bhd.

At 9.08am, Deleum added 5 sen to RM1.18 with 301,600 shares traded.

Deleum said its wholly-owned subsidiary Deleum Oilfield Services Sdn Bhd (DOSSB) has received a letter of award from Petronas Carigali.