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Velesto Energy Bhd (VELE)

Kuala Lumpur

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0.290 +0.015 +5.45%

09:59:41 - Closed. Currency in MYR ( Disclaimer )

Type: Equity

Market: Malaysia

ISIN: MYL5243OO000

S/N: 5243

Volume: 89,077,300
Bid/Ask: 0.275 / 0.290
Day's Range: 0.275 - 0.295

Velesto Energy Bhd Company Profile

Get an in-depth profile of Velesto Energy Bhd, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryOil & Gas Related Equipment and Services

SectorEnergy

Employees

520

Equity Type

ORD

Velesto Energy Berhad, an investment holding company, provides services for the upstream sector of the oil and gas industry in Malaysia and internationally. It offers drilling services for exploration, development, and production wells; workover services to the upstream sector of the oil and gas industry; and threading, inspection, and repair services for oil country tubular goods. The company also owns and operates drilling rigs, which are chartered out to oil majors for their exploration, development, and production activities; and hydraulic workover units for the removal and replacement of well equipment to restore the operation of suspended or under-performing wells. In addition, it provides treasury management services; and engineering services for oil and gas exploration, development, and production, as well as leases rigs. The company was formerly known as UMW Oil & Gas Corporation Berhad and changed its name to Velesto Energy Berhad in May 2018. Velesto Energy Berhad was founded in 1988 and is headquartered in Kuala Lumpur, Malaysia.

Contact Information

Address Plaza Sentral Level 18
Block 3A Jalan Stesen Sentral 5 Kuala Lumpur, 50470
Malaysia

Phone 60 3 2096 8788

Fax 60 3 2274 7787

Web velesto.com

Top Executives

Name	Age	Since	Title
Mohd Rashid bin Mohd Yusof	66	2017	Non-Independent Non-Executive Chairman
Megat Zariman Bin Abdul Rahim	55	2022	President & Non-Independent Executive Director
Rowina Binti Ghazali Seth	61	2017	Independent Non-Executive Director
Mohd Shahreen Zainooreen Bin Madros	60	2021	Senior Independent Non-Executive Director
Haida Binti Hazri	50	2017	Non-Independent Non-Executive Director
Kien Sing Ling	68	2021	Independent Non Executive Director
Hamzah Sendut Alan	63	2024	Independent Non-Executive Director
Fadzihan Abbas Bin Mohamed Ramlee	41	2023	Non Independent & Non Executive Director
Ahila Ganesan	49	2022	Independent Non-Executive Director
Nadzrin Alia Binti Md Azizis	35	2023	Alternate Director

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