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PETALING JAYA: The plunge in global crude oil price could see Sapura Energy Bhd make a one-off non-core asset provision, according to AmInvestment Research
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) has appointed Sharifuddin Md Zaini Al-Manaf as its new CEO, effective yesterday (April 1).
PETALING JAYA: Yinson Holdings Bhd has started to see selling pressure following the termination of its proposed contract to operate a vessel for Aker Energy Ghana Ltd’s Pecan project in Ghana.
LONDON: The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia.
KUALA LUMPUR: Straits Inter Logistics Bhd’s 51% owned Megah Port Management Sdn Bhd has taken over the management of Labuan Liberty Terminal.
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd has appointed Sharifuddin Md Zaini Al-Manaf as its new CEO, effective today.
PETALING JAYA: Petroliam Nasional Bhd (Petronas)-listed companies are best positioned to significantly raise dividends that will help the Government to fund the RM250bil Prihatin stimulus package, according to UOB Kay Hian Research.
PETALING JAYA: RHB Bank Bhd says it has sufficient liquidity to manage its cash flows during the automatic moratorium period of six months granted to individuals and SMEs for loan payments.
LONDON: Royal Dutch Shell expects to write down up to US$800mil in the first quarter of 2020, following a slump in oil prices that has also slowed the energy giant’s operations.
BERLIN (Reuters) - France, Germany and Britain have exported medical goods to Iran in the first transaction conducted under a trade mechanism set up to barter humanitarian goods and food after the U.S. withdrawal from a 2015 nuclear deal, Germany said on Tuesday.