MTQ Corporation Limited (SG:M05) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
MTQ Corporation Limited has expanded its presence in the oil and gas sector by establishing a new subsidiary, MTQ Oil and Gas Facilities Services L.L.C., in Abu Dhabi. This strategic move aims to enhance its service offerings in the UAE, focusing on onshore and offshore oil field services and equipment trading. The incorporation is not expected to significantly impact the company’s financials for the coming fiscal year.
For further insights into SG:M05 stock, check out TipRanks’ Stock Analysis page.