Oiltek Set to Benefit From Proposed Construction of SAF Production Facility -- Market Talk

Dow Jones

Apr 07

0254 GMT - Oiltek International stands to benefit from proposed construction of sustainable aviation fuel production facility, Phillip Securities Research's Paul Chew says in commentary. It unveiled a heads of agreement with Bioseaga Industries to construct a 300-metric-ton-a-day facility in Malaysia's Sabah, the head of research says, adding a definitive agreement is expected within six months. The project's contract, valued around US$350 million, would boost Oiltek International's order book by five times and is likely to need 2.5 years to complete, Chew says. The brokerage raises the stock's target price to S$2.72 from S$1.18, with an unchanged buy rating. Shares are 4.8% higher at S$1.96. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 06, 2026 22:54 ET (02:54 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2625861079"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2625861079\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2625861079?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-07 10:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2625861079","market":"other","top_or_hot":-1,"title":"Oiltek Set to Benefit From Proposed Construction of SAF Production Facility -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0254 GMT - <a href=\"https://laohu8.com/S/HQU.SI\">Oiltek</a> International stands to benefit from proposed construction of sustainable aviation fuel production facility, Phillip Securities Research's Paul Chew says in commentary. It unveiled a heads of agreement with Bioseaga Industries to construct a 300-metric-ton-a-day facility in Malaysia's Sabah, the head of research says, adding a definitive agreement is expected within six months. The project's contract, valued around US$350 million, would boost Oiltek International's order book by five times and is likely to need 2.5 years to complete, Chew says. The brokerage raises the stock's target price to S$2.72 from S$1.18, with an unchanged buy rating. Shares are 4.8% higher at S$1.96. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 06, 2026 22:54 ET (02:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oiltek Set to Benefit From Proposed Construction of SAF Production Facility -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOiltek Set to Benefit From Proposed Construction of SAF Production Facility -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-07 10:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0254 GMT - <a href=\"https://laohu8.com/S/HQU.SI\">Oiltek</a> International stands to benefit from proposed construction of sustainable aviation fuel production facility, Phillip Securities Research's Paul Chew says in commentary. It unveiled a heads of agreement with Bioseaga Industries to construct a 300-metric-ton-a-day facility in Malaysia's Sabah, the head of research says, adding a definitive agreement is expected within six months. The project's contract, valued around US$350 million, would boost Oiltek International's order book by five times and is likely to need 2.5 years to complete, Chew says. The brokerage raises the stock's target price to S$2.72 from S$1.18, with an unchanged buy rating. Shares are 4.8% higher at S$1.96. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 06, 2026 22:54 ET (02:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HQU.SI","symbol_name":"Oiltek","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2625861079","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2625861079","pubTimestamp":1775530440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0254 GMT - Oiltek International stands to benefit from proposed construction of sustainable aviation fuel production facility, Phillip Securities Research's Paul Chew says in commentary. It unveiled a heads of agreement with Bioseaga Industries to construct a 300-metric-ton-a-day facility in Malaysia's Sabah, the head of research says, adding a definitive agreement is expected within six months. The project's contract, valued around US$350 million, would boost Oiltek International's order book by five times and is likely to need 2.5 years to complete, Chew says. The brokerage raises the stock's target price to S$2.72 from S$1.18, with an unchanged buy rating. Shares are 4.8% higher at S$1.96. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HQU.SI":"Oiltek","BK6045":"建筑与工程"},"translate_title":"Oiltek将受益于拟议的SAF生产设施建设——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HQU.SI":1.5},"content_text":"0254 GMT - Oiltek International stands to benefit from proposed construction of sustainable aviation fuel production facility, Phillip Securities Research's Paul Chew says in commentary. It unveiled a heads of agreement with Bioseaga Industries to construct a 300-metric-ton-a-day facility in Malaysia's Sabah, the head of research says, adding a definitive agreement is expected within six months. The project's contract, valued around US$350 million, would boost Oiltek International's order book by five times and is likely to need 2.5 years to complete, Chew says. The brokerage raises the stock's target price to S$2.72 from S$1.18, with an unchanged buy rating. Shares are 4.8% higher at S$1.96. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 06, 2026 22:54 ET (02:54 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}