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Petra moves into new areas

INTEGRATED oil and gas service provider Petra Perdana Bhd is confident of penetrating new specialised business segments in the upstream sector of the industry based on its technical capabilities and its 15-year track record.


Strong rally by world markets in first half of 2003

WORLD stock markets recorded a strong rebound in the first half of the year despite earlier concerns about the fallout of from war in Iraq and the Severe Acute Respiratory Syndrome (SARS) outbreak.


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KNM expects 50% of revenue from overseas: MD

KNM Group Bhd expects its overseas market, which it is aggressively expanding, to account for more than half its total revenue this year, said managing director Lee Swee Eng.


On the move

ALCATEL Network Systems (M) Sdn Bhd has appointed B>Datuk Dr Norraesah Mohamad/Bits chairman. The appointment is its first such since the company's incorporation in 1992.



Hong Boon How writes on Wah Seong and AE Multi.


Mesdaq and second board rally amid rotation of interest

SHARES on the KLSE second board and the Mesdaq market rallied yesterday, even as a number of blue chips continued to consolidate after healthy gains over the past few weeks.


PJSB to produce double-walled storage tanks for the oil and gas sector

PEMBINAAN Jayabumi (Sarawak) Berhad (PJSB), scheduled to list on the KLSE second board on Aug 14, is introducing in the fourth quarter double-walled underground petroleum storage tanks to enlarge its market share in the oil and gas sector.


Scomi buying drilling fluids storage firm for RM6.3mil

SCOMI Group Bhd has agreed to acquire Peninsular Malaysia's only drilling fluids and base oil bulking storage company, OBM Terminal Sdn Bhd, for RM6.3mil cash.


Group wants policy on working from home

Puspanita (Association of Female Public Service Officers and Wives of Civil Servants) plans to submit a resolution for the Women and Family Development Ministry to draw up a policy for women to work from home.