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Technology 11 Feb 2017 | 12:00 AM

Something stirring in Sterling Progress

Changes are taking place in ailing Ace Market-listed information technology company (ICT) Sterling Progress Bhd, with the company looking set to be revived following the entrance of a new shareholder soon.

Business 30 Apr 2013 | 12:00 AM

Progress Energy, Petronas secure first LNG buyer

CALGARY: Progress Energy Canada Ltd, Pacific NorthWest LNG Ltd and Petroliam Nasional Bhd (Petronas) have closed the previously announced transaction that saw Japex Montney Ltd, the Canadian subsidiary of Japan Petroleum Exploration Co Ltd (Japex), acquire a 10% interest in Progress Energy Canada’s natural gas assets in north-east British Columbia and in the proposed Pacific NorthWest LNG export facility on Canada’s west coast.

Corporate News 20 Feb 2017 | 12:00 AM

Sterling to Progress to hotel business

PETALING JAYA: Loss-making information and communications technology (ICT) company Sterling Progress Bhd is venturing into the hotel management business.

Business 22 Nov 2012 | 12:00 AM

Petronas proposes Progress relisting to win Canada support

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), which is seeking approval of a C$5.2bil takeover of Progress Energy Resources Corp, has proposed a public offering of shares in the natural gas producer within five years as a concession to Canada's government, a person with knowledge of the matter said.

Technology 30 Sep 2017 | 12:00 AM

Largest shareholder exits Sterling Progress

PETALING JAYA: Information and communications technology (ICT) company Sterling Progress Bhd saw the exit of its single largest shareholder following a RM20.21mil-worth off-market transaction yesterday.

Business 07 Feb 2017 | 12:00 AM

Sterling Progress shares surge 7 sen on entry of new shareholder

PETALING JAYA: ACE Market-listed information technology company Sterling Progress Bhd was one of the most actively traded counters of the day, with shares closing 58.33% or 7 sen higher to 19 sen on the back of a potential new business stream and shareholder entering the company, said sources.

Business 21 Nov 2012 | 12:00 AM

Petronas proposes public offering if succeeds in Canada's Progress Energy takeover

Petroliam Nasional Bhd (Petronas) has proposed a public offering of shares in Progress Energy Resources Corp if it gets the Canadian government's approval for its US$5.2bil takeover, Bloomberg reported.

Business 10 Dec 2012 | 12:00 AM

Petronas unveils growth O&G plans in Canada after US$5.3b Progress takeover cleared

Petroliam Nasional Bhd (Petronas) has unveiled three investment components in Canada which would involve building a pipeline and facilities after it cleared the last obstacle to the US$5.3bil takeover of Progress Energy Resources Corp.

Business 16 Nov 2012 | 12:00 AM

Petronas submits modified bid for Progress Energy

Petroliam Nasional Bhd (Petronas) has submitted a modified bid for Canada's Progress Energy Resources, a Petronas source with knowledge of the matter said, after the Canadian government blocked a US$5.2bil deal last month.

Business 11 Dec 2012 | 12:00 AM

Petronas to triple gas reserves after takeover of Progress

PETALING JAYA: Petroliam Nasional Bhd (Petronas) is expected to almost triple its international unconventional gas reserves to one billion barrels of oil equivalent (boe) after the takeover of Canadas Progress Energy Resources Corp.