Quick take: Uzma jumps 11% on LNG licences
’s shares jumped over 11% in early trade Thursday after securing licences to import liquefied natural gas (LNG) into Malaysia. The oil and gas service and equipment company rose 11.19%, or 7.5 sen to 74.5 sen with over 20 million shares traded. Uzma’s wholly owned subsidiary Uzma Engineering Sdn Bhd (UESB) has been awarded two licences by the Energy Commission (EC) to import LNG for regasification in the country, as well as to transport or distribute natural gas within Malaysia. Uzma said the licences allow Uzma to bring LNG into a regasification terminal in or within Malaysia by any mean...