Last updated on August 23, 2025
Enproserve Group Bhd has embarked on a new chapter, securing a two-year contract from Petronas Dagangan Bhd that marks its foray into aviation vehicle maintenance. The wholly-owned subsidiary, Enproserve (M) Sdn Bhd, received the letter of award on July 15, with the contract set to begin on September 1, 2025.
Under the agreement, Enproserve will deliver both preventive and corrective maintenance services for PetDag’s aviation refuelling vehicles at airports throughout Peninsular Malaysia—excluding Kuala Lumpur International Airport. The contract’s total value will be determined based on individual work orders issued during the two-year tenure.
This deal underscores Enproserve’s strategic push to diversify beyond its core oil and gas and petrochemical engineering services, tapping into the growing aviation support sector. The company highlighted its proven 16-year track record as a trusted provider to the Petronas Group, positioning it to support the expansion of PetDag’s aircraft refuelling operations as the aviation industry continues to recover.
As of market close on the same day, Enproserve’s share price remained stable at 25 sen, reflecting a market capitalisation of RM262.5 million, though the stock has slipped 7.41% year-to-date.
