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Optimism on Genting group continues

The Genting group of companies, one of Malaysia’s most cash-rich conglomerates, begins its current financial year with a dent in its bottom line.

Dayang unit wins contract from Roc Oil Sarawak

KUALA LUMPUR: Dayang Enterprise Sdn Bhd (DESB), a wholly-owned unit of Dayang Enterprise Holdings Bhd (DEHB), has bagged a four-year contract from Roc Oil (Sarawak) Sdn Bhd for the provision of procurement, construction, installation, hook-up and commissioning services.

Short Position

Challenges for immigration system

Negative pressure builds overhead

REVIEW: The FBM KLCI kept a relatively muted movement on the technical charts despite the turmoil of the US-China trade spat that continued to roil global markets.

Lower revenue pulls down PetChem Q1 profit

KUALA LUMPUR: Petronas Chemicals Group Bhd’s (PetChem) net profit fell by 24.7% in the first quarter ended March 31, 2019 due to lower revenue and higher operating expenditure.