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SAN FRANCISCO: Employees of Freescale Semiconductor who were on a Malaysia Airlines flight presumed to have crashed were doing sophisticated work at the U.S. chipmaker, a company spokesman said on Sunday.
KUALA LUMPUR: UMW Oil & Gas Corp Bhd's unit, UMW Petrodril Sdn Bhd (UPD), has won a RM148mil contract from Petronas Carigali Sdn Bhd.
KUALA LUMPUR: Bank Negara Malaysia’s focus will continue to preserve macro-economic and financial stability amid the more complex and challenging environment, says its Governor Tan Sri Dr Zeti Akhtar Aziz.
PETALING JAYA: PACC Offshore Services Holdings Ltd (POSH), an offshore support vessel (OSV) operator owned by Malaysian billionaire Robert Kuok (pic), will raise at least S$388.27mil (RM1.01bil) from its initial public offering (IPO) on the Singapore Exchange next Friday.
MALAYSIAN Bulk Carriers Bhd’s (Maybulk) 21.23%-owned associate PACC Offshore Services Holdings (POSH) is planning an initial public offering of up to US$370mil (RM1.21bil) in Singapore, with a good number of the shares going to Malaysian funds, including Hwang Investment Management, sources say.
COMMENT By TAN SRI DR ZETI AKHTAR AZIZ