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SINGAPORE: Singapore’s High Court approved a request to freeze as much as US$3.5bil (RM14.49bil) of assets worldwide belonging to the founding family of collapsed oil trader Hin Leong Trading (Pte) Ltd in a move that may be one of the biggest such injunctions in the city-state’s history.
PETALING JAYA: Dancomech Holdings Bhd’s earnings are expected to register an annual growth rate of 14% for the next three years driven by demand recovery in the oil and gas (O&G) sector as well as from its recent acquisitions, according to UOB Kay Hian Research
PETALING JAYA: Dancomech Holdings Bhd’s earnings is expected to register an annual growth rate of 14% for the next three years driven by demand recovery in the oil and gas (O&G) sector as well as from its recent acquisitions, according to UOB Kay Hian Research.
SINGAPORE: Singapore’s state-backed operator Jurong Port Pte is in advanced talks to buy a stake in a petroleum storage hub from the family behind collapsed oil trader Hin Leong Trading Pte, according to sources.
PETALING JAYA: Dancomech Holdings Bhd has won a contract worth S$12.01mil (RM37mil) for the construction, completion and maintenance of a proposed ready-mixed concrete ecosystem project at Jurong Port, Singapore.
SINGAPORE: Singapore Jurong Port Tank Terminal's (JPTT) petroleum and petrochemical storage facility in Jurong Island has been fully leased, with China's PetroChina <601857.SS> taking up all of its phase 1 capacity, JPPT's chief executive Ooi Boon Hoe said in a statement on Monday.
BANGKOK: Thai coal miner Banpu Pcl is buying a 25.7% stake in Singaporean green energy firm, Sunseap Group Pte Ltd for US$55.7 million, the company said on Tuesday.
JOHOR BARU: Johor Port plans to establish a permanent offshore inspection, maintenance and repair centre (OIMR) for the benefit of regional oil and gas industry players.