PLEXUS Holdings, the oil and gas well technology firm, has formed a joint venture in Malaysia as part of a push for growth in Asian markets.

Aberdeen-based Plexus expects the PPA venture established with Malaysia's Integrated Petroleum Services to become a major supplier of wellhead equipment to the local industry.

Chief executive Ben Van Bilderbeek said Plexus was committed to building a significant Asian business hub from Singapore and the Malaysian deal will add to its scope in the region.

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