Oiltek International’s new $350 M SAF biorefinery in Sabah shows how Southeast Asia’s clean‑fuel market can grow, boosting Oiltek’s share price and paving the way for future green‑hydrogen expansion.
Oiltek International secures a $350 M contract to build a large‑scale sustainable aviation fuel biorefinery in Sabah, aiming to decarbonise jet fuel with palm‑oil and cooking‑oil feedstocks.
Oiltek International Ltd. rebounds to a 52‑week high of 1.3 SGD with a 557 M SGD market cap and 45.7 P/E, signaling strong growth prospects on the Singapore Exchange.
Oiltek International’s in‑kind share proposal sparks debate on liquidity and governance, prompting investors to weigh potential benefits of direct ownership and market impact.