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PSP Energy sells third-party lubricant products from two major suppliers – Supplier A, a public-listed company on Bursa Malaysia, and TotalEnergies – while also offering its own brand, ‘PSP Lubricants’. PSP stands out by offering a mix of own-brand and third-party products and their own brands are relatively cheaper compared with third-party products.
FUEL and lubricant distributor PSP Energy Bhd plans to raise RM34.2 million from its ACE Market listing, with shares priced at 16 sen each, giving the company a market valuation of RM171 million.