Latest news with #UzmaBhd
The Star
22-05-2025
- Business
- The Star
Uzma wins Malaysia's remote sensing satellite project
PETALING JAYA: Uzma Bhd has announced that it has secured Malaysia's remote sensing satellite (PSPJN) project. In a statement, the energy, technology and space sectors company said the PSPJN, a private-public partnership project, is a concession project spanning eight years. It will take three years to develop and five years to operate in low earth orbit. 'It is a vital component of Malaysia's National Space Policy 2030 and is aimed at advancing the nation's space infrastructure and increasing its self-reliance in obtaining crucial data for key sectors such as agriculture, disaster management, environmental monitoring, and national security.' Uzma said the PSPJN is expected to deliver high-resolution, multispectral imagery to support national for strategic and high-value applications across sectors including security, resource mapping, monitoring, agriculture, disaster response, and environmental monitoring, among others. Uzma's subsidiary, Geospatial AI Sdn Bhd (GeoAI), a leading geospatial intelligence services provider, will be in charge of the technical and operational aspects of the satellite. 'With extensive expertise in satellite technology, remote sensing, and geospatial data solutions, GeoAI is well-positioned to ensure the successful development, launch, and deployment of the satellite, meeting the highest national standards for quality, reliability, and performance. Separately, Uzma said GeoAI had entered into a memorandum of understanding with Infrasel Sdn Bhd for potential collaboration in slope monitoring and infrastructure risk management in Selangor using satellite-based geospatial technologies. Infrasel is a subsidiary of the Government of Selangor, being wholly owned by Kumpulan Semesta Sdn. Bhd. and is primarily engaged in the business of road and infrastructure maintenance and construction, among other things.
The Star
13-05-2025
- Business
- The Star
Uzma wins PETRONAS Carigali contract for wireline services
PETALING JAYA: Uzma Bhd 's wholly-owned subsidiary, Uzma Engineering Sdn Bhd, has been awarded a contract from PETRONAS Carigali Sdn Bhd for the provision of electric wireline cased-hole services. In a filing with Bursa Malaysia, Uzma said the contract requires the supply of non-rig assisted electric wireline logging equipment and services in East Malaysian waters. This includes technical consultancy, provision of electric-line units, logging services, perforation, plug/packer setting services, downhole auxiliary tools, and other services for all types of wells. The contract spans three years, from March 26, 2025, to March 25, 2028. Uzma said the contract is expected to contribute positively to its earnings and net assets per share for the financial year ending June 30, 2025, and for the duration of the contract.
New Straits Times
13-05-2025
- Business
- New Straits Times
Uzma unit bags electric wireline cased-hole services contract from Petronas Carigali
KUALA LUMPUR: Uzma Bhd's wholly owned subsidiary, Uzma Engineering Sdn Bhd, has secured a contract from Petronas Carigali Sdn Bhd for the provision of electric wireline cased-hole services. Uzma said the contract, secured via a letter of award, comprises non-rig assisted (NRA) electric wireline logging (EWL) equipment and services in East Malaysian waters. "This includes technical consultancy, provision of electric-line units, logging services, perforation, plug/packer setting services, downhole auxiliary tools, and other services for all types of wells," it told the stock exchange in a filing. The contract duration is three years, commencing from March 26, 2025 to March 25, 2028. The contract is expected to contribute positively to the company's earnings and net assets per share for the financial year ending June 30, 2025 and beyond until its expiry.
