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Oiltek reports fire incident at customer's refinery plant

Felicia Tan
Felicia Tan • 1 min read
Oiltek reports fire incident at customer's refinery plant
Oiltek will have to determine if the incident will affect its results for the FY2023 ending Dec 31.
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Oiltek, on Jan 9, announced that a new refinery plant building at its customer’s premises in Malaysia was affected by a fire on the evening of Jan 6.

The plant is in the course of being commissioned for the customer.

There were no casualties or injuries, although part of the equipment supplied by Oiltek to its customer was damaged.

Oiltek says it will see if the fire incident will have any material impact on its financial results for the FY2023 ending Dec 31. The incident does not affect the group’s other ongoing projects.

Shares in Oiltek closed at 21.5 cents on Jan 6.

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