Intan Farhana Zainul

Recent and archived articles by Intan Farhana Zainul

8 Sep 2018 | 7:00 AM

Turnaround within Reach?

Oil and gas company may have turned the corner after posting maiden profit

Shahul: We were lucky when we bought the oil and gas field...the oil price was at the low end. Today, oil prices have more than doubled.
4 Sep 2018 | 7:00 AM

Doh Properties makes MGO for rest of DBE Gurney

PETALING JAYA: Doh Properties Holdings Sdn Bhd, which emerged as a substantial shareholder in DBE Gurney Resources Bhd back in December last year, is making a mandatory general offer (MGO) for the rest of the shares in the company. The MGO was triggered after Doh Properties’ stake in DBE Gurney crossed the 33% threshold yesterday

According to Bloomberg, Seng Huat(pic) owns a 4.89% stake in DBE Gurney.
1 Sep 2018 | 7:00 AM

There’s money to be made in land reclamation

LAND reclamation is big business in Malaysia. Money is made from selling plots of newly created land from the sea to developers.

Getting bigger : Land reclamation works of Seri Tanjung Pinang Phase Two at Tanjung Tokong. The area of reclaimed land in Penang island is expected to be about 7,981 acres in the coming years.
31 Aug 2018 | 7:00 AM

Higher oil prices enables Petronas to pay RM24bil dividend to govt

KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas), which saw its net profit in the second quarter almost doubling, has raised its dividend payment to the Government to RM24bil. Petronas had earlier guided to pay RM19bil in dividends to the government this year.

Strong Q2: Wan Zulkiflee (left) speaking at Petronas’ mid-year financial results announcement in Kuala Lumpur. Looking on are Petronas chairman Datuk Ahmad Nizam Salleh (centre) and executive VP and CEO Downstream Datuk Md Arif Mahmood
31 Aug 2018 | 7:00 AM

Making fashion click for designers

Vivy Yusof is the poster child for the local e-commerce industry, running a successful start-up known as FashionValet (FV).

With seed capital of RM100,000 and 10 designers on the platform, Vivy Yusof and her husband Fadzarudin Anuar started FashionValet, which has grown into a regional champion with 400 designers on its website selling fashion apparel, shoes and accessories, shipping them all over the world.
30 Aug 2018 | 1:46 PM

Petronas and Petros in discussion over S’wak’s O&G resources

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is currently in discussion with the Sarawak state-owned oil and gas company Petroleum Sarawak Bhd (Petros), according to group chief executive officer Tan Sri Wan Zulkiflee Wan Ariffin.

30 Aug 2018 | 1:32 PM

Petronas ups dividend payment to the govt to RM24b

KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas) has raised its dividend payout to the government to RM24bil this year, which is RM5bil higher than RM19bil it had earlier plan.

Tan Sri Wan Zulkiflee Wan Ariffin pointed on that the higher dividend payment was on the back of an increase in profits and higher global crude oil prices.
28 Aug 2018 | 7:00 AM

Matrix Q1 profit up 10%

PETALING JAYA: Matrix Concepts Holdings Bhd posted a 10% jump in net profit for the first quarter ended June 30 on the back of strong property sales contributed by its strategy to expand its product mix

“Our flagship development, Bandar Sri Sendayan (BSS) in Negri Sembilan, has seen growing demand from first time homebuyers and young families in the past few years,” Matrix chairman Datuk Mohamad Haslah Mohamad Amin said.
27 Aug 2018 | 7:00 AM

Who are winners and losers of sales and services tax

PETALING JAYA: The sales and services tax (SST) regime is likely to have an impact on the earnings of manufacturers and importers while healthcare and building material companies are among the major beneficiaries.

Healthy regime: The healthcare industry is one of the biggest beneficiaries under the SST system because consultation fees, medications, usage of medical equipment and ambulance services are exempted.
24 Aug 2018 | 7:00 AM

CIMB Research: Fewer mega rail jobs in 2019

PETALING JAYA: The cancellation of the East Coast Rail Link (ECRL) may lead to fewer mega rail contracts next year, according to CIMB Research.