Raja Arshad: More investments into Icon and Orkim


Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan (center) holding the Ekuinas 2016 annual report with Ekuinas chairman Raja Tan Sri Arshad Raja Tun Uda (left) and CEO Syed Yasir Arafat Syed Abd Kadir at the announcement of Ekuinas' 2016 results yesterday

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) does not rule out putting more money into its oil and gas (O&G) portfolio companies Icon Offshore Bhd and Orkim Sdn Bhd.

Chairman Raja Tan Sri Arshad Raja Tun Uda said it would continue to support these companies in its decisions moving forward after the planned merger with UMW Oil & Gas Corp Bhd (UMW-OG) was called off.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , ekuinas , Arshad , Uda , oil , gas , stocks , shares , AGM ,

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Blackstone, KKR mortgage REITs stung by office debt challenges
Making scents of success
Tesla’s plan for affordable cars takes page from Detroit rivals
Sapura Energy takes a step to turn the tide
Are there too many GPs and is the healthcare system overwhelmed?
Kelington to reap the benefits of a diversified business strategy
Investors brace for 5% Treasury yields
Singapore’s growth trajectory remains intact

Others Also Read