TRC Synergy unit secures RM61m Petronas contract: A TRC Synergy Bhd
unit has secured a RM61.58mil contract to repair and maintain of ccess roads and slopes for the Sabah-Sarawak gas pipeline project. It said on Monday Trans Resources Corporation Sdn Bhd was awarded a two-year contract from Petronas Carigali Sdn Bhd till September 2017 with an option to extend for an additional one year. — StarBiz
TNB free from outside influence on 1MDB bid, says CEO: Tenaga Nasional Bhd (TNB) is free from any influence when it decided to bid for 1MDB’s power assets, chief executive officer Datuk Seri Azman Mohd said. It is a decision by the board and shareholders, he said, adding that if the company does get the bid the deal will ultimately be decided by the minority shareholders at an EGM. — StarBiz
World Bank sees Malaysia GDP growth slowing: The World Bank said on Monday Malaysia’s economic growth is expected to moderate to 4.7% this year and 2016 from 6% in 2014 on weaker external outlook, before picking up mildly to 5% in 2017 as exports strengthen. — StarBiz
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