Velesto: Looking To Production For Growth

Megat Zariman , President, Velesto Energy Bhd

15-Apr-24 08:00

Velesto: Looking To Production For Growth

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Velesto is the the largest owner and operator of jack up rigs in South East Asia but how does this company intend to navigate an extremely cyclical industry and has it learnt the lessons of the past where high debts almost crippled it? Questions we pose to their President, Megat Zariman. We also ask if there is still upside to its share price after the recent run up.

Image Credit: Shutterstock.com

Produced by: Chin Wai Lun

Presented by: Wong Shou Ning, Keith Kam

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Categories: economy, managing, technology, sponsored content

Tags: Velesto, high debts, jack up rigs, cyclical industry, share price,

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