$KLSE-RL - A Niche Oil & Gas Service Provider, Expanding into Green Energy

Stockbit Malaysia presents our last investor briefing in August as we invite Mr Thien Chiet Chai, the ED of Reservoir Link on a live session in conjunction with their upcoming Q2 2021 result announcement.

RL is a niche player in the O&G sector, providing well services that support operators in the upstream segment of the industry. The well services that they provide cover every stage of an O&G well's lifecycle, from initial well exploration and completion to its plugging and abandonment. The company is also expanding its presence within the energy industry by taking a maiden step into renewables from its proposed acquisition of Founder Energy Sdn Bhd

As we have seen from recent Stockbit O&G talk, oil prices does not directly determine RL's financial performance, rather activities surrounding oil well affect its business. So then, what's in store for RL as it navigates forward? What's the prospects of the oil & gas sector where it operates in Malaysia? Does it have aspiration for growth elsewhere? What sort of market can it penetrates within the RE segment?

Join us for this session as we get to know the management, the business and the prospects of RL better!

Discuss RL in Stockbit: https://my.stockbit.com/#/symbol/KLSE-RL

$KLSE-RLNicheService