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Corporate News 18 Oct 2014 | 12:00 AM

Carimin Petroleum IPO on track

Oil and gas (O&G) services provider Carimin Petroleum Bhd is sticking to its plan to list on Bursa Malaysia next month despite weakening sentiment for the sector as crude oil prices plunged to a four-year low.

Business 27 Oct 2014 | 12:00 AM

Power planning necessary to avoid similar problem as in water sector

KUALA LUMPUR: Further planting of power plants is needed to cope with the rising demand for electricity as well as planning for the future, according to MyPower Corp Bhd advisor Datuk Abdul Razak Abdul Majid (pic).

Corporate News 01 Oct 2014 | 8:52 AM

Petra Energy Bhd unit activates Petronas contract earlier

PETALING JAYA: Petra Energy Bhd unit Petra Resources has been notified of an early activation contract for topside major maintenance (TMM) services for Petronas Carigali Sdn Bhd’s Sabah operation.

Corporate News 13 Oct 2014 | 12:00 AM

Original plan was for new MRT2 to start from Sg Buloh and not Selayang

PETALING JAYA: The aligment of the second Mass Rapid Transit line 2 (MRT2) has caused confusion among the officials and industry executives in the construction and transportation sector.

Business 13 Oct 2014 | 12:00 AM

Alam Maritim sees falling oil prices as short-term issue

PETALING JAYA: Oil and gas (O&G) player Alam Maritim Resources Bhd is not too worried about falling oil prices, as it considers it a short-term issue that will not affect the demand for O&G support services.

Business 23 Oct 2014 | 3:09 PM

Chinese trainmakers set to go head to head for California deal

SHANGHAI: China's CSR Corp Ltd is keen to supply high-speed trains to California, a company official said, in a move that will pit the trainmaker against domestic rival China CNR Corp Ltd.

Corporate News 11 Nov 2014 | 12:00 AM

Carimin tenders for RM800m jobs

KUALA LUMPUR: Newly-listed oil and gas (O&G) services provider Carimin Petroleum Bhd has tendered for three projects worth about RM800mil with local players.

Business 11 Nov 2014 | 6:43 AM

Continental CEO Harold Hamm ordered to pay US$995mil in one of highest divorce ruling

An Oklahoma County judge has ordered Continental Resources Chief Executive Officer Harold Hamm to pay nearly US$1 billion in a divorce judgment, according to a court filing made public on Monday.

Banking 11 Nov 2014 | 12:00 AM

Malaysia gets to set up yuan clearing house

PETALING JAYA: In a landmark move, Malaysia and China have agreed to set up a yuan clearing bank here to facilitate and reduce the cost of doing business in the country.

Property 29 Nov 2014 | 12:00 AM

Enter Kronologi Asia

We have barely seen the emergence of any new ACE Market listings this year, in keeping with the jaundiced perception of these companies of late.