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Tiong Woon sets up JV for RAPID

first_imgTo support the project, TWCT Malaysia and PDT Oil & Gas have formed a joint venture – PDT Ascend.TWCT Malaysia, a wholly owned subsidiary of Tiong Woon Corporation, has a 49 percent stake, while PDT Oil & Gas owns the remaining 51 percent.The RAPID project in Johor is part of Petronas’ Pengerang Integrated Petroleum Complex (PIPC) development – a USD27 billion megaproject that spans an area of nearly 80 sq km.www.tiongwoon.comwww.pdt.com.mylast_img

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