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Corporate News 19 Feb 2019 | 12:00 AM

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).

Corporate News 18 Feb 2019 | 10:38 AM

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.

Business 16 Feb 2019 | 12:00 AM

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.

Corporate News 15 Feb 2019 | 10:14 AM

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.

Corporate News 09 Jan 2018 | 6:15 AM

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.