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Business

Scomi to go global in oil services

SCOMI Group Bhd, a 100% Malaysian-owned company en route to a KLSE second board listing, is positioning itself to be a big player in the booming oil and gas services industry worldwide, Scomi president and chief executive officer Shah Hakim Zain said.

Business

Genting unit takes Canadian firm shares

GENTING Bhd said its unit Genting International Plc has completed the acquisition of private placement of 18 million new units of Canada-based Pacific Lottery Corp Bhd at 25 Canadian cents per unit.

Business

News in brief

News in brief on WCT Engineering, Faber Group, Nationwide Express, WCT Engineering, Global Soft, Eden, Texchem, KPJ, United Bintang and Rahman Hydraulic and Sateras.

Business

Premium Nutrients to spend RM20mil on Indian plant expansion

SPECIALITY fats manufacturer Premium Nutrients Bhd plans to spend RM20mil over the next 1 year to expand its recently-acquired processing facility in India.

Business

The Week Ahead

Some business events in the week ahead

Business

SC okays Premium Nutrients listing

PREMIUM Nutrients Bhd has received approval from the Securities Commission (SC) for its flotation on the KLSE second board through a reverse takeover of Bridgecon Holdings Bhd.

Business

For the record

AN article in I>BizWeek/Iof March 29 entitled I>Renong revamp: The good and bad/Icontained some errors. Renong shareholders will I>NOT/Ibe required to pay any cash in ex-change for shares in a newco (to be renamed UEM World).

Business

Renong revamp : The good and bad

FOLLOWING intense speculation on what possible form the debt restructuring of the United Engineers (M) Bhd-Renong Bhd group would take; it appears as though all that pent-up excitement has, in a flash, been snuffed out.

Business

UEM-Renong finalises revamp

The UEM-Renong Bhd group announced yesterday its long-awaited final restructuring plan, which will see Renong being taken private and the streamlining of core business units under a new company to help the group trim debts.

Business

News in brief

News in brief on Kelanamas, Kurnia and Dataprep.