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KUALA LUMPUR: Sapura Energy Bhd saw its shares rose over 6% in early trade after the company said it is currently in discussion with banks to refinance borrowings.
JOHOR BARU: Malaysians staying in Singapore are not just homesick but are also worried about extra financial burden, in the event the movement control order (MCO) is extended beyond April 14.
PETALING JAYA: The plunge in global crude oil price could see Sapura Energy Bhd make a one-off non-core asset provision, according to AmInvestment Research
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) has appointed Sharifuddin Md Zaini Al-Manaf as its new CEO, effective yesterday (April 1).
PETALING JAYA: Yinson Holdings Bhd has started to see selling pressure following the termination of its proposed contract to operate a vessel for Aker Energy Ghana Ltd’s Pecan project in Ghana.
LONDON: The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia.
KUALA LUMPUR: Straits Inter Logistics Bhd’s 51% owned Megah Port Management Sdn Bhd has taken over the management of Labuan Liberty Terminal.
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd has appointed Sharifuddin Md Zaini Al-Manaf as its new CEO, effective today.
LONDON: Royal Dutch Shell expects to write down up to US$800mil in the first quarter of 2020, following a slump in oil prices that has also slowed the energy giant’s operations.
PETALING JAYA: Petroliam Nasional Bhd (Petronas)-listed companies are best positioned to significantly raise dividends that will help the Government to fund the RM250bil Prihatin stimulus package, according to UOB Kay Hian Research.