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Power, utilities continues to drive Southern Cable
CABLE and wire manufacturer Southern Cable Group Bhd is optimistic about future sales growth, and sees opportunities in new products it plans to sell.
Bursa Securities rejects Scomi Energy PN17 waiver appeal
KUALA LUMPUR: Bursa Malaysia Securities has rejected Scomi Energy Services Bhd's waiver appeal from being designated as a Practice Note 17 (PN 17) due to concerns about the outlook of the company.
Scomi Energy unit defaults on RM55mil bonds
KUALA LUMPUR: Scomi Energy Services Bhd unit KMCOB Capital Bhd has defaulted in redeeming or repaying the Series E of the guaranteed serial bonds (KMCOB bond) issued amounting to RM55mil.
Scomi Energy unit defaults on RM55m bonds
KUALA LUMPUR: Scomi Energy Services Bhd's (SESB) unit KMCOB Capital Bhd has defaulted in redeeming or repaying the Series E of the guaranteed serial bonds (KMCOB bond”) issued amounting to RM55mil.
Gagasan Nadi to buy Konsortium PAE Sepakat for RM158m
KUALA LUMPUR: Gagasan Nadi Cergas Bhd (GNCB) is buying Konsortium PAE Sepakat Sdn Bhd for RM158mil which has concessions to build and maintain residential hostels at seven polytechnics in various states of Peninsular Malaysia.
Petronas Gas net profit weighed down by Kimanis Power
PETALING JAYA: Petronas Gas Bhd (PetGas) posted a marginal increase in net profit to RM1.81bil for its financial year 2018 ended Dec 31 (FY18), weighed down by a share of losses from joint-venture company Kimanis Power Sdn Bhd (KPSB).
Petronas Gas FY18 net profit weighed by Kimanis Power
KUALA LUMPUR: Petronas Gas Bhd posted a marginal increase in its net profit of RM1.81bil in the financial year ended Dec 31, 2018 as it was weighed down by share of losses from a joint-venture company, Kimanis Power Sdn Bhd.
Scomi says Maybank has right to sell SESB shares
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has the right to dispose of 206.04 million shares of Scomi Energy Services Bhd (SESB) if its parent company Scomi Group Bhd fails to settle RM201.91mil owed to the bank.
Scomi provides more details of loan defaults
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has the right to dispose of 206.04 million shares of Scomi Energy Services Bhd (SESB) if its parent company Scomi Group Bhd fails to settle RM201.91mil owed to the bank.
SESB will not shut down, says Deputy CM
KOTA KINABALU: The Sabah government has given an assurance that Sabah Electricity Sdn Bhd (SESB) will not shut down despite encountering problems, said deputy chief minister Datuk Raymond Tan Shu Kiah.
