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KUALA LUMPUR: Bursa Malaysia closed Friday off its day's best amid profit taking activities but buying support for Hartalega and Top Glove enabled the FBM KLCI to close on a firmer note.
KUALA LUMPUR: Bumi Armada Bhd's joint ventures with Shapoorji Pallonji Oil & Gas Pte Ltd in India have secured awards from the country's state-owned oil company for operations and maintenance works related to the Armada Sterling Floating Production, Storage and Offloading (FPSO) vessel in Mumbai.
RIO DE JANEIRO/LONDON: Debut trading in Hygo Energy Transition Ltd was suspended on Thursday hours after the liquefied natural gas transport and infrastructure operator's chief executive was named in a corruption investigation in Brazil.
PETALING JAYA: After six consecutive months of headline deflation, experts believe the country’s muted price pressures will likely continue for the rest of the year, mainly due to the sluggish crude oil prices.
Tan Sri Shahril Shamsuddin, the president and CEO of Sapura Energy Bhd is retiring in March next year and will be replaced by Datuk Mohd Annuar Taib, the oil and gas company said on Monday.
KUALA LUMPUR: Buying of Hartalega and Top Glove helped the key FBM KLCI to close at the key 1,500 level amid a cautious broader market on concerns about rising Covid-19 coronavirus cases and the lack of a conclusive vaccine.
OSLO: Oil rig operator Borr Drilling Ltd has agreed with lenders to postpone the deadline for repayment of some of its debt, and aims to raise capital through equity as it seeks to overcome a demand slump, the company said late Tuesday.
Smaller declines in cost of services stems the slide
KUALA LUMPUR: Bursa Malaysia closed broadly lower on Wednesday as investor sentiment took a hit from the on-going political concerns with nearly 900 counters in the red and the FBM KLCI below the key 1,500 level.