O&G counter gains interest


BOG has identified MCSB, which is 100%-owned by Minetech Resources Bhd, as a “competent and suitable” contractor for carrying out the mining works. MCSB is currently undertaking mining excavation works at Selinsing gold mine at Sungai Koyan, Kuala Lipis in Pahang.Borneo

KUCHING: Interest in Borneo Oil Bhd’s shares picked up last week on progress in its gold mining activities.

The company saw its share price gain half a sen last Friday to close at seven sen. It was one of the most actively traded counters last week.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Corp

Next In Business News

Malaysia’s export values dip in November, imports mixed
Core inflation in Japan's capital slows in December but no bar for further BOJ hikes
Asia stocks rise to six-week high; precious metals on a tear
Ringgit rises to 4.04 as investor confidence strengthens; economist foresees return to 3.82
Gold, silver jump to record highs on geopolitics, weak dollar
Japan's cabinet approves record US$785bil budget, vows to keep debt in check
PHB appoints Mazuki Abdullah as group managing director
Profit-taking hits FBM KLCI on thin Boxing Day trade
Ringgit extends rally, reaches another five-year high
Trading ideas: NuEnergy, Nexgram, PLB Engineering, Sapura Industrial, Borneo Oil

Others Also Read