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Business 22 Mar 2019 | 12:00 AM

Perdana Petroleum wins contract

KUALA LUMPUR: Perdana Petroleum Bhd’s (PPB) wholly-owned subsidiary, Perdana Nautika Sdn Bhd (PNSB), has accepted letters of award for the charter of two units of accommodation workbarges (AWB) to Dayang Enterprise Sdn Bhd (DESB) for RM17.7mil.

Corporate News 26 Sep 2018 | 12:00 AM

Tune Group-ECM Libra joint venture buys 50% in SubHome

KUALA LUMPUR: Tune Group and ECM Libra Financial Group Bhd, via joint venture vehicle Tune Plato Ventures Sdn Bhd, have collectively acquired a 50% stake in Malaysian home-sharing platform SubHome Management Sdn Bhd.

Business 11 Dec 2017 | 12:00 AM

Higher tourist arrivals in Penang

But hospitality industry faces competition from private accommodation providers

Business 11 Nov 2017 | 12:00 AM

Short position

THURSDAY’S announcement by Bank Negara that policymakers may consider reviewing the current degree of monetary accommodation gave a boost to the ringgit, which climbed to a near two-month high against the US dollar.

Forex 28 Oct 2017 | 1:09 PM

How to beat a weak currency when you travel

WHILE the ringgit has weakened against several major currencies since the 1997-98 Asian Financial Crisis, the unfortunate fallout for the travellers is the higher costs of food, accommodation and food and costs of travelling.

Business 10 Mar 2017 | 12:00 AM

Icon Offshore unit bags RM72.06mil contract

KUALA LUMPUR: Icon Offshore Bhd’s unit Icon Bahtera (B) Sdn Bhd has secured a RM72.06mil contract for the chartering of accommodation workboat within the group’s fleet of vessels.

Corporate News 07 Dec 2016 | 1:58 PM

Perdana Petroleum’s unit has no right to cancel vessel purchase, says NCIL

KUALA LUMPUR: Nam Cheong International Ltd (NCIL) has objected to the move by Perdana Petroleum Bhd’s unit Petra Offshore Ltd to cancel a US$42mil (RM185.6mil) purchase of a 500-man accommodation work barge.

Business 05 Oct 2016 | 12:00 AM

Perdana wins RM67mil deal from Petronas Carigali

PETALING JAYA: Perdana Petroleum Bhd has secured an RM67mil contract from Petronas Carigali Sdn Bhd to supply a floating accommodation vessel.

Corporate News 04 Oct 2016 | 10:59 AM

Perdana Petroleum wins RM67mil charter contract from Petronas

KUALA LUMPUR: Perdana Petroleum Bhd, through unit Perdana Nautika Sdn Bhd, will supply a floating accommodation vessel to Petronas Carigali Sdn Bhd for RM67mil.

Corporate News 16 Aug 2016 | 12:45 PM

MyEG’s sub subsidiary prepares to launch foreign worker hostel biz

KUALA LUMPUR: My EG Services Bhd (MyEG), through recently-incorporated sub subsidiary MY EG Lodging Sdn Bhd (MyEL), is preparing to launch the business of operating hostels for foreign workers by signing on Tuesday a three-year tenancy agreement to rent 512 accommodation units from the Malacca State Development Corp.