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DUBAI: Saudi oil producer Aramco has agreed a $12.4 billion deal to sell a 49% stake in its pipelines to a consortium led by U.S.-based EIG Global Energy Partners.
KUALA LUMPUR: MPHB Capital Bhd is unaware of the reasons which caused the sharp rise in price and volume of the company’s shares on Thursday.
TOKYO: Brazil’s Vale is buying out minority stake partner, Japan’s Mitsui & Co, in a Mozambique coal mine and port project, ahead of selling the loss-making asset as it works to become carbon neutral by 2050
MANILA, Sept 27 (Reuters): Royal Dutch Shell PLC is looking to sell its 45% stake in the Malampaya gas-to-power project in the Philippines, a key power source for the country's main island of Luzon, its local unit has announced.
FOR years, the Malaysian government has been trying to dispose of the Malaysian consulate office in Hong Kong, which it had bought 40 years ago in 1980 for HK$212mil.
KUALA LUMPUR: FGV Holdings Bhd is not rushing to sell its 51% stake in refined sugar producer MSM Malaysia Holdings Bhd, which has partially widened its net losses in the second quarter ended June 30
PETALING JAYA: Sime Darby Plantation Bhd’s (SDP) indirect wholly owned subsidiaries in Indonesia – PT Ladangrumpun Suburabadi and PT Teguh Sempurna – disposed of their respective 99.9993% and 0.0007% equity interest in PT Mitra Austral Sejahtera (PT MAS) to PT Inti Nusa Sejahtera for US$29.7mil.