Oiltek International (HQU) Stock Overview

Oiltek International Limited, an investment holding company, engages in the supply and provision of engineering design and commissioning of oil extraction equipment and plant. The company operates through three segments: Edible & Non-Edible Oil Refinery, Renewable Energy, and Product Sales and Trading segments. It is involved in engineering, procurement, design, construction, and commissioning of edible and non-edible oil refining plants, downstream specialty products and processing plants, multi-feedstock biodiesel, enzymatic biodiesel, winter fuel, and palm oil mill effluent biogas methane recovery plants; upgrading and retrofitting the existing facilities; and turnkey outside-battery-limits infrastructure engineering, which includes environmental solutions and integration into steam and power generation. The company also engages in the sale of specialty chemical products and engineering components. It has operations in Malaysia, Bangladesh, Indonesia, Pakistan, Philippines, Thailand, the United States, Algeria, Benin, Kenya, Nigeria, South Africa, Uganda, and internationally. The company was incorporated in 2021 and is based in Shah Alam, Malaysia. Oiltek International Limited is a subsidiary of Koh Brothers Eco Engineering Limited.