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Yinson Holdings Bhd is close to completing its purchase of Norway's Fred Olsen Production ASA (FOP) with total acceptances for the acquisition rising to 72.53%.
PETALING JAYA: The rising momentum for marginal field developments will continue to partly drive interest in the oil and gas (O&G) sector, as O&G orders in the second quarter of 2013 had surged by 2.2 times quarter-on-quarter to RM17bil, according to AmResearch.
KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the Malaysian market.
AirAsia X ended its first trading day unchanged on Wednesday while the FBM KLCI chalked up more than two points, supported by mild gains in Genting Malaysia and IOI Corp, amid a lacklustre broader market.
UOB Kay Hian Malaysia Research expects the local stock market’s current consolidation to likely persist through the third quarter from continued foreign selling and external concerns.
SapuraKencana Petroleum Bhd's board is deliberating on whether there is any conflict of interest following Kencana Capital Sdn Bhd's acquisition of a stake in Yinson Holdings Bhd.