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Bumi Armada to beef up FPSO operations
Bumi Armada Bhd is looking to beef up contributions from its floating, production, storage and offloading (FPSO) segment.
News briefs
News briefs on Petronas awarding drilling area, TNB contract for KUB and Bumi Armada wins Italian job.
Bumi Armada wins RM500mil contract
Bumi Armada Bhd has secured a US$150mil (about RM500mil) five-year charter contract for its floating production, storage and offloading (FPSO) vessel, Armada Perkasa, to be deployed in Nigeria.
Trend to go private points to stocks being under-valued
A tendency to take public-listed companies (PLCs) private has become more pronounced this year, a trend which points to stocks being under-valued on Bursa Malaysia.
Overweight on oil, gas sector
Increasing field development activities are expected in existing and new oil fields, and in line with this, demand for oil and gas equipment and services is set to rise.
LG returns to the black with RM44mil profit
LAND amp; General Bhd has returned to the black with an un-audited pre-tax profit of RM44mil for its financial year ended Dec 31, 2002, compared with a pre-tax loss of RM236.89mil the year before.
LG to sell stakes in seven firms
LAND amp; General Bhd (Lamp;G) plans to dispose of its interests in seven local and foreign companies as part of its restructuring scheme to reduce further debts, said managing director Mike Krishnan.
MD: LG to focus on core business
LAND amp; General Bhd (Lamp;G), which is finalising its seven-year restructuring programme, will stick to its core business of property development even after it clears off its debts, said managing director Mike Krishnan.
