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PETALING JAYA: Over the last few days, O&G stocks on Bursa Malaysia have seen some buying interest, buoyed by higher oil prices from expectations of tighter supply once the first output cut deal between the Organisation of the Petroleum Exporting Countries (Opec) and non-Opec producers in 15 years takes effect this Sunday.
LONDON: As companies brace for the impact of 2016’s political shocks and looming elections next year, global appetite for mega mergers may slow amid the prospect of increased protectionism.
PETALING JAYA: Track and trace solutions provider SMTrack Bhd’s external auditor, Messrs KC Chia & Noor, has expressed a qualified opinion on the company’s annual audited financial statements for the financial year ended July 31, 2016 (FY16).
PETALING JAYA: Gas Malaysia Bhd’s earnings will not be impacted by the recently announced gas tariff revision but the implementation of the gas cost pass through (GCPT) mechanism could result in lumpy cash flows for the company.
KUALA LUMPUR: South-Eeast Asian startup KFit Holdings Pte Ltd expects to double its online-to-offline (O2O) commerce business in 2017 following the recent acquisitions of Groupon’s Malaysian and Indonesian operations, its founder said.