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KUCHING (Oct 3): Sarawak Energy Bhd (SEB) has appointed Gabungan Parti Sarawak’s Satok state assemblyman Datuk Ibrahim Baki as its chairman effective Oct 1.
Leong Hup International Bhd made a move past the 76 sen resistance in intraday trade yesterday.A confirmed breach in the coming session will affirm a growing rally, backed by increasing positive momentum.
THE Malaysian Oil, Gas & Energy Services Council (MOGSC), the largest industry association representing the interests of the oil, gas and energy players, is hoping the federal government will support the oil and gas (O&G) players with a RM3 billion allocation to assist them in obtaining f...
SINCE the introduction of the New Economic Policy (NEP) in 1971, the country’s socioeconomic agenda has been focused on developing the bumiputera community. The rationale is simple — a country where the majority of its population is left behind in terms of economic development will not be success...
PETALING JAYA: The sale of Yinson Holdings Bhd’s offshore support vessel (OSV) business to Icon Offshore Bhd for RM160mil will allow Yinson to focus on its core floating production, storage and offloading (FPSO) operations, while retaining exposure to the OSV market.
KUALA LUMPUR (Sept 2): theedgemalaysia.com highlighted six stocks with momentum at Bursa Malaysia’s noon market break on Monday. Two stocks showed positive momentum and the remaining four stocks displayed negative momentum.
While Brent crude oil prices have been holding steady above the US$75 per barrel level this year, other uncertainties are looming, casting a dark cloud over the local oil and gas (O&G) sector.
For one thing, the ongoing negotiations for Petroleum Sarawak Bhd (Petros), which is looki...
KUALA LUMPUR: Stocks to watch on Monday include Yinson Holdings Bhd, CIMB Group Holdings Bhd, Malaysia Airports Holdings Bhd (MAHB), Malaysian Resources Corp Bhd (MRCB), Mah Sing Group Bhd, Tan Chong Motor Holdings Bhd, Pansar Bhd, SkyWorld Development Bhd and Pharmaniaga Bhd.
KUALA LUMPUR: Yinson Holdings Berhad is divesting its offshore support vessel (OSV) business to Icon Offshore Bhd for RM160 million.Its subsidiary, Yinson Offshore Services Sdn Bhd, has signed a binding term sheet with Icon Offshore, with the transaction being ...
KUALA LUMPUR: Yinson Holdings Bhd is divesting its offshore marine business, Regulus Offshore, to Icon Offshore Bhd as part of its strategic focus on its floating production storage and offloading (FPSO) and energy transition businesses.