JCorp to make oil and gas core business


PetroJ? JetPetrol? JCP? Can you get more MRSM Muar alumni into this deal?

Dateline 2014-04-18, Malaysia Chronicle:

Johor Corporation (JCorp), which expects to list its oil and gas unit E.A. Technique (M) Bhd by the third quarter of this year, expects to make oil and gas its core business by 2017, according to its president and CEO Datuk Kamaruzzaman Abu Kassim (pix).

“We have to build our foundation first, hopefully by 2016 or 2017, it (oil and gas business) will become our core business,” he told a press conference here yesterday in conjunction with the launch of its 2013 annual report.

“Now we’re providing liquid jetty services and developing for marine support activities at our Tanjung Langsat port and industrial complex, which could complement the Pengerang Terminal project.

“As long as Petronas continues with its investment, the state has a role to make sure the development of the area will be according to the plan,” Kamaruzzaman added.

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