The energy related services provider, Reservoir Link Energy, has successfully completed the transfer to list on the Main Market of Bursa Securities after having adhered to all the listing criteria as well as receiving the relevant approvals.
The effective date of the transfer is on 27 June 2022 (Monday).
The company was listed on ACE Market in July 2020, and has since diversified into other segments, namely the solar renewables space. The diversification has enabled Reservoir Link to provide a wider spectrum of services as a well-diversified energy related service provider.
“We would like to extend our immense gratitude to all the relevant authorities and everyone at reservoir link for making this possible. This transfer to the Main Market is a monumental feat for us as it represents our intentions to continuously grow our business delivering immeasurable value. This transfer comes just short of 2 years since our listing on the ACE Market,” Reservoir Link Executive Director Thien Chiet Chai said.
“Reservoir Link has had a remarkable journey thus far starting with its oil and gas (O&G) segment which has since expanded to cover every stage of a well’s lifecycle. As a result, our O&G business has flourished with multiple contracts awarded by prominent O&G players. The O&G segment remains relatively strong and will continue to be a strong earnings contributor over the years,” he added
“Shifting to our solar renewables front, the Group became known as one of Malaysia’s largest solar engineering, construction and commissioning contractor attesting to our intention to grow this segment. More recently, we have also managed to collaborate with Sunseap Energy (Malaysia) Sdn Bhd to further extend the reach of our presence as well as complementing one other. As part of our efforts to make renewables more viable we have also explored the possibility of delivering energy
storage solutions,” he elaborated.
