You have searched for "CEO Tan Sri Shamsul Azhar Abbas"

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Business 07 Oct 2013 | 8:25 AM Premium

CIMB Research retains Underperform on MISC, TP RM4.68

KUALA LUMPUR: CIMB Equities Research is maintaining its Underperform rating on MISC with an unchanged target price of RM4.68, which is based on a 30% discount to the sum-of-parts.

Business 07 Oct 2013 | 8:47 AM Premium

CIMB Research maintains Overweight on oil and gas sector

KUALA LUMPUR: CIMB Equities Research is maintaining its Overweight recommendation on Malaysia’s oil and gas sector, underpinned by the strong contract pipeline arising from Petroliam Nasional’s capex.

Business 12 Nov 2013 | 2:05 PM Premium

Petronas profit jumps 20% to RM17.2b

KUALA LUMPUR: Petronas said its profit after tax for the third quarter ended Sept 30 jumped 19.51% to RM17.19bil from RM14.38bil a year ago on improvements across all its segments.

Business 13 Nov 2013 | 12:00 AM Premium

Petronas eyes RM96bil profit for 2013

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) expects to rake in a pre-tax profit of RM95bil to RM96bil this year, surpassing last year’s RM89.1bil, helped by a stronger US dollar and oncoming production, group CEO Tan Sri Shamsul Azhar Abbas(pic) said.

Business 04 Mar 2014 | 6:12 PM Premium

Petronas FY13 revenue up 9% to RM317.3b (Update)

KUALA LUMPUR: Petroliam Nasional Bhd's (Petronas) revenue rose 9% to RM317.314bil in the financial year ended Dec 31, 2013 from RM291.226bil in FY12.

Auto 05 Mar 2014 | 12:00 AM Premium

Up to RM3bil needed to develop new models

PETALING JAYA: Proton Holdings Bhd is seeking up to RM3bil in development funding from the Government and Petroliam Nasional Bhd (Petronas).

Business 08 Mar 2014 | 12:00 AM Premium

RSC potential for Uzma

Uzma Bhd could be poised for a banner year in 2014 if the risk service contract (RSC) and enhanced oil recovery (EOR) jobs it is pursuing come to fruition.

Business 04 Apr 2014 | 12:00 AM Premium

Petronas' Rapid gets RM89bil investment, one-year delay

PETALING JAYA: Petroliam Nasional Bhd has green-lit its much-awaited final investment decision for the Pengerang Integrated Complex in south Johor with a commitment of US$27bil (RM88.56bil), but the project will start up a year later than expected in 2019.

Business 31 May 2014 | 6:25 PM Premium

Icon Offshore to raise RM945mil in long-awaited IPO

ICON Offshore Bhd is coming to the market at a price-to-earnings multiple of 18 to 19 times its estimated 2014 earnings – a premium over the sector average of 13 times.

Business 09 Aug 2014 | 12:00 AM Premium

Period of consolidation awaits sector

THE local oil and gas (O&G) sector looks set to enter a period of consolidation after a slew of major contracts dished out over the past few years propelled stocks to record highs.