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Corporate News 02 Oct 2014 | 12:00 AM Premium

Tanjung Offshore’s deal with Bourbon likely to be done only next year

PETALING JAYA: Tanjung Offshore Bhd, which is attempting to return to the offshore services vessel (OSV) market, will take a longer time than expected to secure its new business stream.

Business 19 Jun 2014 | 12:00 AM Premium

Tanjung Offshore confirms seeking waiver

KUALA LUMPUR: Tanjung Offshore Bhd (TOB) has revealed it sought a waiver from Ekuiti Nasional Bhd (Ekuinas) relating to a non-compete clause that the two parties signed in 2012.

Business 18 Jun 2014 | 12:00 AM Premium

Tanjung Offshore reverse takeover opposed

PETALING JAYA: The proposed reverse takeover (RTO) of Tanjung Offshore Bhd (TOB) by several parties, including a unit of Paris-based oil and gas (O&G) giant Bourbon SA, is being opposed by a group of minority shareholders who want the option of being able to sell their shares to the new owners.

Business 03 Jun 2014 | 11:56 AM Premium

Tanjung Offshore suspended, pending announcement

PETALING JAYA: Oil and gas services company, Tanjung Offshore, has been suspended for up to three market days beginning 9am on Tuesday, following a request from Affin Investment Bank, pending the release of a material announcement, a filing with the stock exchange showed.

Business 03 May 2014 | 12:00 AM Premium

Bio Osmo takes the O&G plunge?

BIO Osmo Bhd, which has seen some changes in its shareholding, is likely to be transformed into an oil and gas player through a corporate exercise.

Business 05 Mar 2014 | 12:00 AM Premium

Bio Osmo to raise RM9.6mil

PETALING JAYA: Bio Osmo Bhd plans to raise as much as RM9.6mil by selling up to 48.04 million new shares through a private placement exercise.

Business 10 Jan 2014 | 12:00 AM Premium

Harzani may turn loss-making bottled water manufacturer Bio Osmo into oil and gas outfit

PETALING JAYA: Tanjung Offshore Bhd managing director Harzani Azmi has emerged as a substantial shareholder in Bio Osmo Bhd, spurring speculation that the loss-making bottled water manufacturer might change its course into the more lucrative oil and gas (O&G) sector.