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PETROLIAM Nasional Bhd (Petronas) said yesterday the government would have to be consulted and its approval required if the company's president and chief executive officer Tan Sri Mohd Hassan Marican was offered the job of advising on the management of Iraq's oil industry.
PETROLIAM Nasional Bhd (Petronas) president and chief executive officer Tan Sri Mohd Hassan Marican has been identified by two leading British newspapers as a possible candidate for appointment by the US administration to help manage Iraq's oil industry in the post-Saddam Hussein era.
THE Finance Ministry has, through Bank Pem-bangunan amp; Infrastruktur Malaysia, appointed Malayan Banking Bhd and Bumiputra-Commerce Bank Bhd (BCB) to disburse part of the RM400mil special fund for tourism 2 (SFT2) allocated under Budget 2003 to tourism-related companies.
PENANG Port Sdn Bhd, scheduled for listing later this year, will spend RM175mil in 2003 to rebuild the Swettenham Pier, expand the North Butterworth Container Terminal (NBCT), and construct a marina.
THE Boeing Company, whose subsidiary Boeing Satellite Systems entered into a deal to sell a third satellite to Binariang Satellite Systems Sdn Bhd, will provide an upgrade to the MEASAT ground facilities on Pulau Langkawi, as well as training and launch support services.
It was a huge victory for Celcom (M) Bhd when it won shareholders#039; approval at an EGM yesterday to buy TM Cellular Sdn Bhd for RM1.68bil, although Deutsche Telekom (DT) opposed the plan.