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KUALA LUMPUR: CIMB Equities Research does not expect Malaysian banks to outperform the stockmarket in 2014.
KUALA LUMPUR: Malaysia's offshore support vessel (OSV) industry is expected to grow by 10% in the next three years, driven by the increase in drilling activities by the oil and gas (O&G) companies.
PETALING JAYA: Ekuiti Nasional Bhd (Ekuinas), the government-owned private equity fund, has selected CMS Opus Private Equity Sdn Bhd, KAF Fund Management Sdn Bhd (KFM) and RM Capital Partners Sdn Bhd as its latest outsource partners, according to industry sources
PETALING JAYA: Oil and gas (O&G) player Tanjung Offshore Bhd will undertake a major fund-raising exercise, comprising a bond issue and share placement, to acquire a controlling stake in a foreign O&G firm, sources said.
PETALING JAYA: Tanjung Offshore Bhd is in the final stages of acquiring a controlling stake in a foreign oil and gas (O&G) company that owns and manages several offshore oil rigs for a price tag of close to RM1bil.