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Deep-sea fishing activity is seen as a recurring income stream for Oilcorp Bhd to complement earnings from its existing oil and gas (OG) business, and hotel and resort operations.
SINGAPORE: BOC Aviation Pte Ltd, a Singapore-based aircraft leasing firm owned by Bank of China Ltd , said its net profit rose 12 percent to a record $225 million last year, boosted by new plane deliveries and a strong order pipeline.
AirAsia Bhd and ICBC Financial Leasing Co Ltd signed a memorandum of agreement (MoA) Friday for aircraft financing facilities worth US$1bil.