Malaysia's Ranhill Details Overseas Expansion Plans

— Ranhill Utilities Bhd of Malaysia is exploring opportunities in new markets in Southeast Asia, to raise its overseas revenue contribution from the current 2 percent of revenues. Company sources said, however, that China - its largest overseas operation - would continue to be its focus in the long term. Ranhill, which is among Malaysia's major engineering corporations, is focused on industry sectors like oil and gas, power, water and infrastructure. The company claims to have contributed significantly to building "new" Malaysia. The company's CEO, Ahmad Zahdi Jamil, recently said the group had drawn up an expansion plan for its wastewater treatment and water services, which would see the company venturing into more overseas markets soon...