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Monday, April 29, 2024

Tunku Iskandar is major shareholder of oil and gas services firm



Tunku Iskandar Tunku Abdullah has emerged as a major shareholder of Two Offshore Marine Sdn Bhd, an offshore services and solutions provider in the Southeast Asian oil and gas (O&G) industry.

Holding a sizable stake in Two Offshore in his personal capacity, Tunku Iskandar, who is also Melewar Group’s executive chairperson, will take an advisory position for the company’s strategic direction moving forward.

Two Offshore board member Ku Mohd Ashraff Ku Yaacob said Tunku Iskandar brings immense value to the company in this strategic partnership and enables the company to tap into his extensive expertise, experience, and network within Malaysia’s corporate landscape and beyond.

“I am thrilled about the addition of Tunku Iskandar as a major shareholder. This partnership will elevate our profile, empower us to pursue aggressive growth strategies, and enable us to achieve our strategic and operational objectives within the projected time frame,” he said.

With this enhanced support, Two Offshore is expected to seize opportunities and drive growth in the lucrative O&G markets across the Asean region and beyond.

Currently, Two Offshore offers a range of offshore marine logistics and engineering services focusing on the upstream O&G sector in Malaysia and Southeast Asia.

Bernama

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