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Strong interest in Park Regent

KUALA LUMPUR: What began as a casual conversation between two friends about two years ago has today resulted in a joint venture (JV) of two regional property players that will be building a premium condominium in one of the best locations in Desa ParkCity, Kuala Lumpur.


Yinson still awaiting lenders' nod to buy Ezion

KUALA LUMPUR: Floating, production, storage and offloading (FPSO) service provider, Yinson Holdings Bhd, is still awaiting the approval of lenders for the acquisition of loss-making Ezion Holdings Ltd of Singapore, with a due diligence process ongoing.


KPJ favoured by analysts

PETALING JAYA: KPJ Healthcare Bhd, a leading public-listed private hospital operator in Malaysia, appears to be the favourite of research houses at the moment because of its growth potential and undemanding valuations.


Sarawak Energy set to export electricity to Sabah by 2022

KUCHING: Sarawak Energy Bhd (SEB) expects to export electricity to Sabah by 2022 and Brunei Darussalam sooner under the Trans-Borneo Grid project.


Straits partners Bintulu Port for fuel bunkering business

KUALA LUMPUR: Straits Inter Logistics Bhd has expanded its fuel bunkering business into the country’s third-biggest port in Bintulu, with the new venture expected to deliver a stable recurring income for the group for the next three years.


Yinson posts RM49.8mil net profit in Q1

KUALA LUMPUR: Yinson Holdings Bhd, the oil and gas offshore services company, said net profit fell in the first quarter ended April 30 due to the lack of one-off gains that boosted earnings last year.


Straits Inter Logistics signs bunkering services agreement with Bintulu Port

KUALA LUMPUR: Straits Inter Logistics has entered into a provision of bunkering services agreement with Bintulu Port Sdn Bhd (BPSB) for a contract period of three years, with the option to renew for not more than two years to be mutually agreed upon.


Sarawak has steady sources of revenue

KUCHING: Sarawak, which has recorded budget surpluses for several years, has steady sources of revenue, especially the imposition of the sales tax on petroleum products for exports.