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PetGas to see neutral impact from TPA, says Kenanga
KUALA LUMPUR: The Incentive Base Regulation (IBR) framework, which offers transparency and an efficiency-driven reward system, is positive for both Petronas Gas and end-users, says Kenanga research.
Petronas Gas executes second term GPA with parent company
KUALA LUMPUR: Petronas Gas Bhd (PetGas) has entered into the second term of the Gas Processing Agreement (GPA) with Petronas, which will commence today and continues until Dec 31, 2023.
Brexit may cost UK its US$1.7 trillion WTO deal
GENEVA: UK businesses stand to lose access to a US$1.7 trillion (RM7.13 trillion) public procurement market if signatories to a World Trade Organisation accord this week block Britain’s application for membership, which will lapse after it leaves the European Union in March.
Cracks emerge in global aviation finance boom
HONG KONG: An unprecedented boom in the $280 billion aircraft finance industry is showing signs of faltering as rising interest rates, cut-rate competition and higher oil prices trigger a shakeout in a sector that has attracted a flood of Chinese funding.
GE explores options for aircraft leasing unit
SINGAPORE: General Electric Co (GE) is weighing options for its aircraft leasing operations, including the sale of all or part of the business, as chief executive John Flannery searches for new divestitures, according to people familiar with the matter.
GPA shares jump 14% in early trade
KUALA LUMPUR: Shares of GPA Holdings Bhd raced higher in early trade on Thursday.
Goh Ban Huat looking to expand sanitary ware biz overseas
KUALA LUMPUR: Goh Ban Huat Bhd (GBH), which mainly trades in sanitary ware and table ware, is exploring options to expand beyond the domestic market, like Vietnam, says CIMB Equities Research.
Petronas Gas net profit up 7.6%
KUALA LUMPUR: Petronas Gas Bhd’s net profit for the first quarter ended March 31, 2015 rose 7.6% to RM449.93mil, from RM418mil a year ago cushioned by higher revenue from gas processing, gas transportation and utilities segment.
Alibaba IPO timing bodes well for Casino's Cnova listing
SAO PAULO: The frenzy around Alibaba Group Holding Inc's initial public offering this week is giving a boost to Casino Guichard Perrachon & Cie's plans to list its e-commerce unit in the United States by January, bankers and analysts said.
Curbs on margin financing of certain stocks
PETALING JAYA: At least one brokerage in town has imposed restrictions on the financing of a handful of stocks with the view of taking prudent measures due to the unusually high trading volumes and rise in stock prices.
