Business

Borneo Petroleum, Astana City Group sign MoU to produce ACGas composite cylinders in Sabah

MoU generates investment and job opportunities for state, says deputy chief minister

Updated 5 years ago · Published on 29 Apr 2021 10:35PM

Borneo Petroleum, Astana City Group sign MoU to produce ACGas composite cylinders in Sabah
Datuk Joachim Gunsalam (third left) launching the signing ceremony between Borneo Petroleum Alliance Sdn Bhd and Astana City Group Sdn. Bhd. – The Vibes file pic, April 29, 2021

by Rebecca Chong

KOTA KINABALU – Borneo Petroleum Alliance Sdn Bhd (BPASB) has been appointed by Astana City Group Sdn Bhd (ACG) as the bottling plant and main supplier of ACGas composite cylinders in Sabah.

It is the first liquefied petroleum gas composite cylinder product in Malaysia produced by ACG, with special features such as being light, rust-free, and non-flammable.

A memorandum of understanding (MoU) was signed today, with ACG being represented by its managing director Mohd Fareez Nik Ahmad Azman, while BPASB was represented by its managing director Mohamat Hassan.

The event was witnessed by Sabah Deputy Chief Minister Datuk Joachim Gunsalam, who is also the state industrial development minister.

Joachim said the MoU would make both companies complement each other in ensuring their facilities would be channelled to their target group in Sabah.

“The involvement of both companies is most welcomed, in terms of supplying ACGas composite cylinders to the state and driving the industry, as well as for the people’s benefit,” he said.

Such an effort, he said, was important at a time when the country is facing various challenges following the Covid-19 pandemic, which has caused many traders, entrepreneurs, and workers in the industrial sector to lose their jobs.

“The MoU signed today will be able to generate opportunities in terms of investment in the industry, and create job opportunities through the opening of ACGas bottling factories in Sabah,” he said. –The Vibes, April 29, 2021 

Related News

Malaysia / 2w

Sabah does not agree to 200-litre diesel quota, forms special committee - Masidi

Diary / 3w

Malaysian banks to get AI boost in fraud fight as CloudMile, Tookitaki sign partnership

Malaysia / 2mth

Tsunami alert: Stay calm and obey instructions from the authorities – Hajiji (video)

Malaysia / 2mth

Sabah embarks on five-year initiative to document multiethnic heritage - Hajiji

Malaysia / 2mth

Anwar - Sabah's special grant interim payment increased from RM600m to RM1.5b

Malaysia / 2mth

Anwar to clarify Sabah 40 pct entitlement talks tomorrow

Spotlight

Malaysia

Penang: PH - Umno cooperation to be maintained in state government

By Ian McIntyre

Malaysia

AADK calls on airlines to adopt mandatory drug screening for pilots

World

Brunei sultan revokes royal title held by daughter-in-law with immediate effect

Malaysia

PKR rejected Nurul Izzah’s resignation - Fahmi

Malaysia

MP demands explanation over arrest of two podcasters, questions police consistency

By Alfian Z.M. Tahir

Malaysia

Families urged to take lead in protecting children as digital threats grow

Malaysia

Agong calls for tighter airport security, demands thorough TH, Felda investigations

By Alfian Z.M. Tahir

Malaysia

AMK questions BN’s sincerity after 21-seat Melaka claim

Malaysia

Haze getting worse, five areas in Sarawak record unhealthy API readings – DOE

You may be interested

Business

Citi raises brent forecast as prolonged US-Iran war keeps oil markets on edge