Propel Global Bhd (PROE)

Propel Global Berhad, an investment holding company, provides various oil and gas services in Malaysia and internationally. The company operates through four segments: Oil and Gas, Technical Services, Information and Communication Technologies (ICT), and Others. The company provides heavy machinery and related manpower services, and maintenance services for air-conditioning and ventilation systems; oilfield services in pipe recovery, well intervention and diagnostic, sand management, and production enhancement. It also offers industrial, commercial, and residential construction and office maintenance services; ICT services and related activities; contracting, basic design, detail engineering, and installation and commissioning; air conditioning, mechanical, ventilation and refrigeration systems; project management, engineering consultancy, and trading services; fabrication works and marine operation; new plant and plant modification; design and supply of skidded process systems; and engineered equipment. In addition, the company undertakes construction and engineering works; design and build of industrial plants and facilities; medical and educational institutions, commercial, and hospitality projects; high-rise and low-rise building construction; facility management and maintenance services; retrofit, addition and alteration, repair and renovation works; and small-scale construction works. Further, the company supplies specialty chemicals and catalysts; and trades in ICT hardware, software, and spare parts. Additionally, it operates and manages of restaurants, provides software analytical solutions, engages in money lending services, and engages in water collection, treatment and supply of sewerage, as well as holds and develops property. The company was formerly known as Daya Materials Berhad and changed its name to Propel Global Berhad in April 2022. The company was incorporated in 2020 and is headquartered in Kuala Lumpur, Malaysia.