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Unregistered medicine and cosmetics seized

PETALING JAYA: Unregistered pharmaceutical and cosmetic pro­ducts worth about RM200, 000 were seized during several raids by the health authorities in Perak.

Barakah unit issues notice of demand for RM1.02bil

PETALING JAYA: PBJV Group Sdn Bhd, a wholly owned subsidiary of Barakah Offshore Petroleum Bhd, has demanded RM1.02bil from Petroliam Nasional Bhd (Petronas) and Petronas Carigali Sdn Bhd (PCSB) following the suspension of its licence from the latter.PETALING JAYA: PBJV Group Sdn Bhd, a wholly owned subsidiary of Barakah Offshore Petroleum Bhd, has demanded RM1.02bil from Petroliam Nasional Bhd (Petronas) and Petronas Carigali Sdn Bhd (PCSB) following the suspension of its licence from the latter.

Short Position

What now for Barakah?

Trading ideas: UWC, Aeon Credit, IJM Corp, Barakah, Asdion

KUALA LUMPUR: JF Apex Research expects UWC Bhd, Aeon Credit Service (M) Bhd, IJM Corp Bhd, Barakah Offshore Petroleum Bhd and Asdion Bhd to be among the stocks to watch on Wednesday.

Petronas suspends licence

PETALING JAYA: Barakah Offshore Petroleum Bhd’s unit has been notified of its licence suspension by Petroliam Nasional Bhd (Petronas) over the non-performance of a contract.

KLCI closes higher, thanks to some late buying

KUALA LUMPUR: Blue chips closed higher on Tuesday, underpinned by late buying of selected stocks like Maxis and IHH and Sime Plantation, amid a mixed broader market.

Petronas suspends Barakah unit's licence for three years

KUALA LUMPUR: Petroliam Nasional Bhd has suspended its licence issued to Barakah Offshore Petroleum Bhd's unit over the non-performance of a contract.