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PETALING JAYA: Sarawak-based oil and gas (O&G) integrated support services provider, Ocean Vantage Holdings Bhd, has entered into an underwriting agreement with M&A Securities Sdn Bhd in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia.
KUALA LUMPUR: Petronas Gas Bhd recorded a 28.6% year-on-year (y-o-y) drop in net earnings to RM368.12mil for the first quarter ended March 31, 2020, due to unrealised foreign exchange loss.
Famous for its pristine beaches and natural resources, it is channelling energy to develop industries alongside tourism
KUALA LUMPUR: Shares of ARB Bhd were actively traded in Wednesday’s morning session, following the emergence of US-based investment management firm Caravan Capital Management LLC as a substantial shareholder in the company.
PETALING JAYA: A sharp V-shaped recovery for the global air sector is unlikely given the severity of the coronavirus disease (Covid-19) pandemic though a U-shaped recovery with domestic travel returning faster than international may be possible.
PETALING JAYA: Shipping company Hubline Bhd is cautiously optimistic of its performance for the financial year ending Sept 30,2020 (FY20), driven by its improving dry bulk business and new aviation business venture amid the Covid-19 pandemic.
KUCHING: KKB Engineering Bhd has approved RM15mil in capital expenditure (capex) this year to fund further capacity expansion of its steel fabrication yard at Jalan Bako here to undertake major onshore fabrication jobs for the oil and gas (O&G) industry.
KUALA LUMPUR: Shell Malaysia announced the appointment of Ivan Tan as the new vice president for Malaysia and Philippines with effect from Feb 1,2020.
KUALA LUMPUR: Malaysia Airlines today announced it will permit cancellations with full refund as well as free ticket alterations on flights to and from mainland China.