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Petronas is second among top 25 non-financial TNCs
Petroliam Nasional Bhd (Petronas) ranks second in the top 25 non-financial transnational corporations (TNCs) in terms of foreign assets, according to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2006.
Profit-taking likely ahead of long holidays
G.M. Teoh does a technical analysis of the Main Board's performance
Gas price hike a concern
Tenaga Nasional Bhd released a set of results that showedthe improvements brought about by ongoing cost-cuttingmeasures and a tariff hike received in June. At a media conferenceto announce the results, TNB chairman Tan Sri LeoMoggie and president and CEO Datuk Che Khalib MohamadNoh answered questions posed by the media. Below areexcerpts of the question-and-answer session.
KLCI still in holding pattern
Stock Market Signals: A weekly column on the Main Board of the MSEB by G.M. Teoh
SBM to expand Malaysian oil and gas operations as regional hub
SBM Malaysia Sdn Bhd, an oil and gas services company, plans to spend RM10mil over the next two to three years to step up operations at its Malaysian office, which will also serve as a regional hub for potentially expanding oil and gas services.
Two Kemaman Port ops under KPK
Konsortium Pelabuhan Kemaman Sdn Bhd (KPK) has fully taken over the management of two parts of the Kemaman Port, effective Oct 1.
Analysts: Prices may rebound by year-end
With economists and analysts having predicted that oil price would probably rebound to around US$65 by year-end, it seems like the trend is defying expectations, at least for yesterday as the commodity fell to an intra-day low of US$57.78 per barrel.
Tanjung Offshore up on new contract
Tanjung Offshore Bhd shares closed at the day's high of RM2.56 yesterday for a 14 sen gain after the company announced on Monday it had won a RM10mil contract to supply low and high voltage switchgear packages from Larsen Toubro Ltd.
Sindora sees good prospects in shipping
Sindora Bhd sees good prospects for it to expand into shipping, particularly in logistics and ship management.
