Nuruzzatulain binti Sahamah

Senior General Manager Turboservices Sdn. Bhd. 

NATIONALITY / AGE /GENDER
Malaysian / 51 / Female

DATE OF APPOINTMENT
1 August 2012

ACADEMIC / PROFESSIONAL QUALIFICATIONS
Bachelor of Engineering (Mechanical) Monash University, Melbourne 

WORKING EXPERIENCE
Joined Deleum on 1 June 1998 as Application Engineer and the last position held was the Senior Manager - Operations Support.
 

PRESENT DIRECTORSHIP
(i) Listed Entity: Nil
(ii) Other Public Companies: Nil

• Signs two separate agreements with Paradigm Technology Services B.V. and LatConnect 60 Ltd, paving way for innovation and collaboration

KUALA LUMPUR, 1 MARCH  2024 - Leading oil & gas (O&G) services provider Deleum Berhad (“Deleum” or the “Group”), through its wholly owned subsidiary Deleum Oilfield Services Sdn Bhd, has signed two separate agreements during the Offshore Technology Conference Asia 2024 held at Kuala Lumpur Convention Centre on 29 February 2024, reiterating the Group’s aim to strengthen its technological capabilities and enhance sustainability in the Oilfield Services (OS) segment.

The event marked key partnership milestones with Paradigm Technology Services B.V. (Paradigm Technology) and LatConnect 60 Ltd, (LatConnect 60), strengthening Deleum's portfolio and its contribution for growth towards the industry progress in implementing environmental initiatives.

The first agreement with Paradigm Technology is poised to revolutionize traditional slickline operations through digitalisation of conventional slickline operations, as it introduces cost-efficient solutions to address oil well challenges, elevating operational efficiency and productivity within the OS operations, bringing enhanced value to customers.

Paradigm Technology’s innovative offerings, including the fully coated slickline and bi-directional communication system named “Slick-E-Line” and “ParaComm”, along with accompanying software, is intended to transform industry standards.

Meanwhile, in the second agreement, Deleum seeks to further enhance its existing relationship with LatConnect 60 to promote eMission60, a methane emissions monitoring solution leveraging satellite data analytics. The state-of-the-art technology delivers precise methane monitoring, enabling organisations to improve the measurement and control of emissions to meet sustainability objectives aligned with international environmental efforts.

Deleum and LatConnect 60 will expand their current partnership, which now includes the promotion of data leasing from Lat Connect 60’s high-resolution methane monitoring satellites, as they are now being developed in Australia. Both will jointly be exploring opportunities to collaborate with major international oil and gas services firms to promote data leasing services globally.

“These strategic collaborations signify our dedication to integrating innovative solutions that will not only optimise operations but also minimise environmental impact.

With Paradigm Technology, we are ushering in a new era of efficiency in slickline operations. Meanwhile, by creating ways to more accurately measure and monitor methane emissions, our partnership with LatConnect 60 demonstrates our dedication to environmental care.

We are excited to collaborate with Paradigm Technology and LatConnect 60, as these agreements reinforce our commitment to innovation and sustainability for the industry. Together, we are participating in the efforts of shaping a more sustainable future for the oil and gas industry.” - Rao Abdullah Group Chief Executive Officer, Deleum Berhad

Deleum has been honoured with the prestigious Gold Award in the Energy sector of Equities category at The Edge Malaysia ESG Awards 2023, held on 6 November 2023. This recognition highlights the Group’s unwavering commitment to Environmental, Social, and Governance (ESG) excellence.

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About Deleum Bhd

Deleum Berhad is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services to the oil and gas industry, particularly in the exploration and production sector. Its range of products and services is distinguished according to its three core business segments – Power and Machinery, Oilfield Services and Integrated Corrosion Solutions. Deleum is listed on the Main Market of Bursa Malaysia.

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• Group ends FY2023 with steady financial performance, with net profit rising modestly to RM45.7 million
• Declares second interim single tier dividend of 3.70 sen per share; bringing total dividend to 5.70 sen per share in respect of FY2023 or 50.0% dividend payout

KUALA LUMPUR, 26 FEBRUARY  2024 - Leading oil & gas (O&G) services provider Deleum Berhad (“Deleum” or the “Group”),grew 25.1% in the Group’s pre-tax profit to RM84.9 million for the financial year ended 31 December 2023 (FY2023) from RM67.9 million previously, in tandem with an increase in group revenue.

The Group’s revenue increased 13.5% in FY2023 to RM792.0 million from RM698.0 million the previous year, driven primarily by a strong revenue contribution from the Power and Machinery segment, which generated RM668.0 million for the year.

The Group ended FY2023 with a steady financial performance, with net profit rising modestly to RM45.7 million from RM 42.1 million last year. Despite higher revenue and pre-tax profit, net profit increased marginally due to higher income tax expenses and non-controlling interests.

“As we reflect on our financial performance for the year 2023, I am pleased to announce that our strategic initiatives have yielded yet another year of solid financial performance.

Looking ahead we have plans lined up for FY2024 to accelerate growth and strengthen our position in the industry. Our commitment to fostering growth and creating value for all stakeholders is unchanged. We are committed to capitalising on new opportunities, optimising our resources, and encouraging innovation to propel Deleum to even greater success.” - Rao Abdullah Group Chief Executive Officer, Deleum Berhad

Alongside the sturdy financial performance, the Group declared a second interim single tier dividend of 3.70 sen per share in respect of FY2023, payable on 29 March 2024. Together with the first interim single tier dividend of 2.00 sen paid on 29 September 2023, Deleum declared a total dividend of 5.70 sen per share for FY2023. A dividend payout of RM22.9 million represents 50.0% of FY2023 net profit.

Deleum has maintained a strong balance sheet and continues to achieve healthy sales performance to power its core businesses. As at FY2023, the Group’s net cash position has further strengthened, with cash and bank balances of RM215.9 million exceeding total borrowings of RM2.4 million, compared to RM178.0 million and RM8.8 million on 31 December 2022 respectively. Shareholders’ equity increased to RM413.4 million as of 31 December 2023, up from RM388.8 million as of 31 December 2022.

The Group’s firm orderbook currently stands at RM552.6 million, which consists of works and equipment mostly to be delivered within the next 24 months

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About Deleum Bhd

Deleum Berhad is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services to the oil and gas industry, particularly in the exploration and production sector. Its range of products and services is distinguished according to its three core business segments – Power and Machinery, Oilfield Services and Integrated Corrosion Solutions. Deleum is listed on the Main Market of Bursa Malaysia.

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• Signs HOA for due diligence exercise on an acquisition target in Indonesia 
• Strategic opportunity to strengthen Deleum's regional presence 

KUALA LUMPUR, 4 March 2024 - Leading oil & gas (O&G) services provider Deleum Berhad (“Deleum” or the “Group”), grew 26.2% in the Group’s pre-tax profit to RM25.3 million for the third quarter ended 30 September 2023 (3Q23) from RM20.1 million previously, mainly due to the significant contribution from its Power and Machinery (P&M) segment.

Deleum has entered the HOA with five parties, namely OSA Industries Pte. Ltd. (OSA Industries), PT OSA Industries Indonesia (OSAII), PT OSA Megah Indonesia (PT OSA Megah), as well as Ong Siow Aik, a Singaporean, Erik Aristino and Fenty Herlinda, both Indonesian citizens. The HOA entails all parties to collaborate over a six-month period in facilitating Deleum’s due diligence on OSAII and PT OSA Megah, as well as to negotiate and finalise the definitive agreements for the proposed acquisition.

The HOA signifies Deleum’s strategic direction and commitment to strengthen its regional presence in the region, to create synergies and aims to bolster the Group’s earnings as well as its shareholder value. The proposed acquisition is also  being supported by an international service company with whom both Deleum and OSAII have had a good working relationship over the years.

Through the Group’s subsidiary, Deleum Services Sdn Bhd will acquire 70% of the issued share capital of OSAII held by Ong Siow Aik and OSA Industries for a consideration of USD7.0 million (equivalent to RM33.1 million), representing 70% of the total valuation of USD10.0 million, subject to satisfactory outcome of the due diligence and finalisation of the definitive agreements.

OSAII, established in 1994 in Indonesia, specialises in the repairing, reconditioning, and testing of valves, offering expert solutions to ensure optimal functionality. With a focus on quality and reliability, it also provides a diverse inventory of valves and supplies, catering to various industry needs. With its headquarters located in West Java, Indonesia, OSAII has built a reputable presence in the region.

“Growing our presence in Indonesia is our strategic goal, given the enormous potential for our business growth in this market. This HOA represents the critical first step towards realising our mission. We are committed to using this cooperation as a springboard for our larger goal, capitalising on the numerous opportunities that Indonesian market offers us.

As we proceed with due diligence and negotiation, we remain focused on delivering sustainable outcomes that align with our vision of being a leading player in the region.” - Rao Abdullah Group Chief Executive Officer, Deleum Berhad

Further information on the transaction, including the key terms of the definitive agreements and other information on OSAII, will be made available upon the execution of the definitive agreements.

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About Deleum Bhd

Deleum Berhad is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services to the oil and gas industry, particularly in the exploration and production sector. Its range of products and services is distinguished according to its three core business segments – Power and Machinery, Oilfield Services and Integrated Corrosion Solutions. Deleum is listed on the Main Market of Bursa Malaysia.

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Deleum Services Sdn. Bhd.

Deleum Technology Solutions Sdn. Bhd.

• Buoyed by accelerated exploration and production activities, group revenue rose 71.3% in 3Q23 to RM241.8 million.
• Group net profit slightly increased by 3.5% to RM12.2 million on higher expenses.
• Intensifying efforts to grow contributions from Oilfield Services and Integrated Corrosion Solution segments.

KUALA LUMPUR, 28 NOVEMBER  2023 - Leading oil & gas (O&G) services provider Deleum Berhad (“Deleum” or the “Group”), grew 26.2% in the Group’s pre-tax profit to RM25.3 million for the third quarter ended 30 September 2023 (3Q23) from RM20.1 million previously, mainly due to the significant contribution from its Power and Machinery (P&M) segment.

The Group’s revenue rose 71.3% in 3Q23 to RM241.8 million from RM141.2 million in the previous year’s corresponding quarter, buoyed by accelerated exploration and production activities. Despite the strong growth in revenue, the Group’s net profit for 3Q23 slightly increased by 3.5% to RM12.2 million from RM11.8 million on account of higher operating expenses incurred with foreign exchange loss and fair value loss on forward foreign currency exchange contracts as compared to a fair value gain recorded in 3Q22.

For the nine months ended 30 September 2023 (9M23), the Group’s pre-tax profit increased by 32.3% to RM59.0 million from RM44.6 million previously, while revenue rose 49.4% to RM553.3 million from RM370.3 million a year ago. Subsequently, net profit rose marginally to RM31.1 million from RM28.4 million previously. 

“The third quarter marked another period of improvement in results for Deleum Group, with the total net profit increasing by 9.5%. We are pleased to deliver a steady group financial performance in the current quarter amidst the various challenges in the industry, proving our dedication to deliver quality services to our clients.

We will continue to intensify our efforts in increasing contributions from all our segment’s products and services especially in the newly established business line of Solid Controls. Throughout the year, we successfully obtained an estimated aggregate contract value of RM107.0 million in our solid control contract awards for the OS segment, bringing our OS order book to RM189.0 million as at 30 September 2023.

As the industry is experiencing inflationary pressures and rise in costs of materials and manpower; the Group’s focus will be to develop a more robust pricing strategy for our future contracts to ensure we maintain profitability for the Group. The Group has also recently agreed with an established international service provider to collaborate in pursuing opportunities in Malaysia jointly paving way for growth and development for the Group to further strengthen and enhance its presence in Malaysia with the support of the said service provider.” Rao Abdullah Group Chief Executive Officer, Deleum Berhad

Deleum has maintained a strong balance sheet and continues to achieve healthy sales performance to power its core businesses. As at the end of 3Q23, the Group’s net cash position has further strengthened, with cash and bank balances of RM230.2 million exceeding total borrowings of RM1.9 million, compared to RM178.0 million and RM8.8 million on 31 December 2022 respectively. Shareholders’ equity increased to RM398.7 million as of 30 September 2023, up from RM388.8 million as of 31 December 2022.

The Group’s sturdy orderbook currently stands at RM449.3 million, which consists of works and equipment mostly to be delivered within the next 24 months. 

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About Deleum Bhd

Deleum Berhad is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services to the oil and gas industry, particularly in the exploration and production sector. Its range of products and services is distinguished according to its three core business segments – Power and Machinery, Oilfield Services and Integrated Corrosion Solutions. Deleum is listed on the Main Market of Bursa Malaysia.

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• Group pre-tax profit for 2Q23 up 45% and net profit up 15%, on 49% rise in revenue
• Power and Machinery segment profit before tax surges 140% to RM17.3 million in 2Q23, supported by encouraging capital spending in Oil and Gas sector
• Focus on new area of growth for Oilfield Services segment sees multiple new solid control contracts aggregating RM64.0 million secured so far

KUALA LUMPUR, 29 AUGUST 2023 - Leading oil & gas (O&G) services provider Deleum Berhad (“Deleum” or the “Group”), recorded an increase of 45% in group pre-tax profit to RM18.3 million and 15% in group net profit to RM9.7 million in the second quarter ended 30 June 2023 (2Q23), from RM12.7 million and RM8.5 million respectively in the same period last year, primarily due to the significant contribution from its Power and Machinery (P&M) segment.

P&M segment remained the Group’s key growth driver in 2Q23 financial performance. The substantial boost in P&M segment revenue more than offset the reduced contributions from both Oilfield Services (OS) and Integrated Corrosion Solution (ICS) segments, effectively increasing 2Q23 group revenue by 49% to RM188.1 million from RM126.3 million in the previous year.

For the six months ended 30 June 2023 (1H23), the Group’s pre-tax profit increased by 37% from RM24.5 million to RM33.6 million. Accordingly, net profit rose 14% to RM18.9 million from RM16.6 million in the previous year, while revenue increased 36% to RM311.5 million from RM229.1 million.

“We are excited about our strong start of the first half of the year, brought about by our P & M segment. Our momentum is expected to maintain, supported by the encouraging capital spending in the O & G sector. Looking ahead to the second half of the year, we anticipate that the O&G sector will remain resilient, on the back of increased exploration and production activities. We are optimistic that 2023 would be a good year for Deleum barring any unforeseen circumstances, as the Group strives to find new opportunities for growth in our core businesses that will bring value to our shareholders. We are encouraged with the results of the successful awards of new contracts for our solid control business with an estimated aggregate contract value of RM64.0 million from exploration and production clients in recent months. We anticipate this business to grow further in the future as a new growth area for the OS segment.” Rao Abdullah Group Chief Executive Officer, Deleum Berhad

Power and Machinery (P&M) Segment

Revenue from the P&M segment doubled up to RM155.3 million in 2Q23, from RM77.7 million in the prior year. Increased sales value and quantity of exchange engines delivered, sales of turbine parts and repairs, field service representative call out activities, and control and safety valves and flow regulator services - all contributed to an upsurge in revenue. Following that, segment profit soared by 140% to RM17.3 million, up from RM7.2 million in the previous year.

In 1H23, the segment reported revenue and profit before tax of RM253.0 million and RM33.7 million respectively, compared to RM139.4 million and RM13.9 million in the previous year. The better performance was attributed to higher gross profit, foreign exchange gain, and fair value gain on forward foreign currency exchange contracts.

The segment continues to be the Group’s largest revenue contributor in 1H23, accounting for 81% of total group revenue of RM311.5 million.

Oilfield Services (OS) Segment

OS segment revenue declined 9% to RM31.6 million in 2Q23 from RM34.6 million a year ago due to lower business activities in slickline services, gas lift valve services, and asset integrated solutions. Along with lower revenue, segment profit dropped 36% to RM2.2 million, from RM3.5 million previously.

Cumulatively, the OS segment posted a marginal profit before tax of RM3,000 for 1H23, on revenue of RM54.4 million. The decrease in both revenue and profit was caused by reduced revenue reported and lower reversal of impairment on trade receivable.

Integrated Corrosion Solution (ICS) Segment

During 2Q23, ICS segment recorded a lower revenue of RM1.0 million, versus RM14.0 million previously, predominantly due to lower maintenance activities from the alternative blasting and painting business in Indonesia and Maintenance, Construction and Modification projects. This has resulted in the loss of RM1.6 million for the segment.

Subsequently, for 1H23, ICS segment registered a lower revenue and loss before tax of RM3.9 million and RM1.5 million, respectively.

Deleum has maintained a robust balance sheet and continues to achieve healthy sales performance to power its core businesses. As at the end of 2Q23, the Group’s net cash position has further strengthened, with cash and bank balances of RM222.8 million exceeding total borrowings of RM2.8 million, compared to RM178.0 million and RM8.8 million on 31 December 2022 respectively. Shareholders’ equity increased to RM394.5 million as of 30 June 2023, up from RM388.8 million as of 31 December 2022.

The Group’s sturdy orderbook currently stands at RM537.9 million, which consists of works and equipment mostly to be delivered within 12 months.

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About Deleum Bhd

Deleum Berhad is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services to the oil and gas industry, particularly in the exploration and production sector. Its range of products and services is distinguished according to its three core business segments – Power and Machinery, Oilfield Services and Integrated Corrosion Solutions. Deleum is listed on the Main Market of Bursa Malaysia.

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• Revenue up 20.1% to RM123.4 million, driven by higher sales activities in the Power and Machinery segment
• Power and Machinery segment’s profit before tax jumps 146.8% to RM16.4 million due to higher operating margin

KUALA LUMPUR, 30 MAY 2023 - Leading oil & gas (O&G) services provider Deleum Berhad (“Deleum” or the “Group”), reported a net profit of RM9.1 million in the first quarter ended 31 March 2023 (1Q23), up 12.5% from last year same quarter, largely due to higher revenue and profitability from the Power and Machinery (P&M) segment.

P&M segment revenue increased by 58.2% to RM97.6 million in 1Q23, from RM61.7 million in the corresponding quarter last year, on increased sales activities in the segment. The robust growth in the P&M segment resulted in a 20.1% hike in 1Q23 group revenue to RM123.4 million from RM102.8 million previously.

Power and Machinery (P&M) Segment

The increased revenue from the P&M segment in 1Q23 was due to higher number of exchange engines delivered, retrofit projects, and increased sales activities from the control and safety valves and flow regulator services.

Simultaneously, profit before tax for the segment surged 146.8% to RM16.4 million from RM6.6 million a year ago, setting a new high for the first-quarter performance. This was due to better operating margins, gain on foreign exchange of RM2.8 million, and fair value gain on forward foreign currency exchange contracts of RM1.4 million.

The segment continued to be the largest revenue contributor to the Group, making up 79.1% of the Group revenue of RM123.4 million.

Oilfield Services (OS) Segment

OS segment revenue fell 18.5% in 1Q23 to RM22.8 million from RM28.0 million the previous year, primarily due to lower activities from its slickline services in West Malaysia and gas lift valve contract. The lower business activities from the segment resulted in a loss before tax of RM2.2 million for 1Q23, compared to a profit before tax of RM3.8 million the previous year.

Integrated Corrosion Solution (ICS) Segment

Lower maintenance activity levels in the Sponge-Jet Blasting (SPJ) business in Indonesia and lower contribution from the Maintenance, Construction, and Modification (MCM) projects led to a 77.9% decrease in ICS segment revenue in 1Q23 to RM2.9 million, compared to RM12.9 million previously. In tandem, the segment reported a lower profit before tax of RM0.04 million in 1Q23 from RM1.2 million previously.

“We kicked-off 2023 with vigorous activities in the P&M segment, delivering solid first-quarter results on the top and bottom lines. This robust performance reflects our strong market position in the O&G sector. Looking ahead, we are optimistic that we will be able to maintain our momentum throughout the rest of 2023, given the stablising oil prices, OPEC’s recent cuts in production and the reopening of China's economy post-Covid. We anticipate to benefit from the O & G industry’s optimism in capital expenditure spending.” Rao Abdullah Group Chief Executive Officer, Deleum Berhad.

The Group maintained its net cash position as at end of 1Q23, with an improved cash and bank balances of RM207.7 million exceeding total borrowings of RM6.3 million. The strong balance sheet was attributed largely to better working capital management, coupled with positive operating cashflows of RM47.0 million as a result of the improved profitability and healthy collections during the quarter. As at 31 March 2023, shareholders’ equity largely maintained at RM384.8 million.

To date, Deleum’s orderbook stands positively at RM551.9 million, which consists of works and equipment mostly to be delivered within 12 months.

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About Deleum Bhd

Deleum Berhad is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services to the oil and gas industry, particularly in the exploration and production sector. Its range of products and services is distinguished according to its three core business segments – Power and Machinery, Oilfield Services and Integrated Corrosion Solutions. Deleum is listed on the Main Market of Bursa Malaysia.

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• The Group will continue to focus on extending its product and service offerings, as well as expanding its geographical footprints
• Seeking to collaborate and partner with technology companies in order to foster technology innovation and maintain a competitive edge
• Deleum to appoint a new chairman, effective 1 June 2023

KUALA LUMPUR, 23 MAY 2023 - Leading oil & gas (O&G) services provider Deleum Berhad (“Deleum” or the “Group”),will focus on growth in both its top and bottom lines, spurred by the projected rise in global capital spending in the O&G sector as a result of robust demand for fossil energy.

To fuel the Group’s next phase of growth, Deleum intends to broaden its product and service offerings, as well as regional presence. Deleum will continue to invest in processes and systems to integrate its services on a seamless and robust platform, increasing the Group’s capacity to meet the needs of its clients.

“We value our core businesses and will continue working with our principals to strengthen our position in the industry. While we seek to grow our current business by expanding on market share through cross- and upselling within our various segments, we need to set sights on our next growth impetuses in order to create sustainable earnings. We are not only extending our product and service offerings but also expanding our geographic footprint, particularly in Indonesia and Thailand. This will allow us to better support and increase our client base in the region as demand grows. We are committed to executing our strategic initiatives and effectively leveraging our competitive advantages in order to continue with our commendable earnings track record.” Rao Abdullah Group Chief Executive Officer, Deleum Berhad

The Group is also on the lookout for technological companies with which to collaborate in order to foster technological innovation in its products and services while maintaining its competitive edge. The potential partnership and collaboration with technology partners dovetail Deleum’s aim to achieve transformative growth this year and in the future. Deleum notched up revenue of RM698.0 million in financial year ended 31 December 2022 (FY2022), an increase of 25.0% from the previous year, which was attributed to encouraging spending in the oil and gas sector. Overall growth was delivered across three segments, Power and Machinery, Oilfield Services, and Integrated Corrosion Solution.

Deleum appoints a new Chairman

At the Annual General Meeting today, Deleum announced that the Company has appointed Tan Sri Dato’ Seri Shamsul Azhar bin Abbas as its Chairman effective 1 June 2023, succeeding Dato’ Izham Bin Mahmud. Dato’ Izham, 82 years old, will continue to remain on Deleum’s Board as Non-Independent Non-Executive Director.

Dato’ Izham was appointed to the Board on 21 December 2005. He is one of the co-founders of Deleum Services Sdn Bhd (Deleum Services), a wholly owned subsidiary of Deleum Berhad. Dato’ Izham joined Deleum Services as its Chairman upon his retirement as Managing Director of Aseambankers Malaysia Berhad in 1996 and was subsequently appointed as the Executive Chairman in 2000.

He served as the Executive Chairman of Deleum Berhad until his retirement on May 31, 2010, after which he became Non-Executive Chairman until present. With his years of experience and valuable skill sets, he has greatly contributed to the Group’s business successes over the last 27 years.

“I have served as Deleum’s Chairman since it was listed in 2007 and I am proud of how the Company has successfully overcome numerous challenges and was able to deliver on its commitment to the stakeholders. I am confident Tan Sri Shamsul Azhar as Chairman of the Board, given his vast experience mainly in oil and gas sector will successfully lead the Company and continue to build momentum towards future growth. I wish him all the best.” Dato’ Izham Bin Mahmud Non-Independent Non-Executive Chairman, Deleum Berhad

Tan Sri Shamsul Azhar joined the Board on 9 June 2022. He has had an illustrious career in the O&G industry having been in the industry for more than 40 years. He has also served on various boards of public listed companies.

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About Deleum Bhd

Deleum Berhad is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services to the oil and gas industry, particularly in the exploration and production sector. Its range of products and services is distinguished according to its three core business segments – Power and Machinery, Oilfield Services and Integrated Corrosion Solutions. Deleum is listed on the Main Market of Bursa Malaysia.

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