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KUCHING: Perdana Petroleum Bhd is eyeing for regional contracts to supply offshore support vessels (OSVs) for the oil and gas (O&G) industry in several countries.
PETALING JAYA: Construction services company Tuju Setia Bhd’s initial public offering (IPO) has been oversubscribed by 42.1 times.
KUALA LUMPUR: Kenanga Research is hopeful of better earnings for MISC Bhd in the second half of its financial year in anticipation of increased global oil production, off the back of a weaker first quarter.
PETALING JAYA: MISC Bhd began its financial year of 2021 (FY21) on a firm footing as revenue from its offshore business, contributed mainly by the construction of a floating production, storage and offloading (FPSO) unit, helped to offset the decline in top line of its other business segments.
Khazanah Nasional Bhd returned to the US dollar Sukuk market where its dual-tranche offering attracted strong demand across Asia, Euope and the Middle-East.
Tuju Setia, which is bound for a listing on the Main Market of Bursa Malaysia on May 19, has nine ongoing projects with a total outstanding order book of RM953.1mil, along with a tender book of about RM4bil.
Construction services company’s order book strong as it sees uptrend in profits
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) posted a net loss of RM104.35mil in the first quarter ended March 31 against a net profit of RM6.13mil in the same period a year ago.