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PETRONAS Carigali Sdn Bhd (PCSB), a wholly-owned subsidiary of PETRONAS has entered into a Farm Out Agreement (FOA) with SMJ Sdn Bhd (SMJSB), a company wholly-owned by the Sabah State Government for the sale of PCSB’s 50 per cent of non-operating participating interest in the Samarang Production Sharing Contract (PSC). The agreement was signed by […]
Continue ReadingPETRONAS today launched a breakthrough product to address the perennial corrosion-related pain points that compromise asset integrity. Formulated using graphene material, which is an ultra-high barrier advanced material, ProShield+, is a paint additive for steel structures. Developed in-house, ProShield+, has been proven to strengthen coatings’ resistance against harsh weather conditions and protect assets from corroding […]
Continue ReadingMinistry of Finance has appointed Datuk Seri Ir. Jaseni Maidinsa as the new Chairman of Pengurusan Aset Air Berhad (PAAB) effective 4th April 2023. Datuk Seri Ir. Jaseni brings with him a vast experience in the corporate world and water industry, having previously held the position of Chief Executive Officer of PBA Holdings Berhad (PBAHB) […]
Continue ReadingThe Life Insurance Association of Malaysia (LIAM) elected Raymond Lew, Chief Executive Officer and President of Sun Life Malaysia Assurance Berhad as LIAM President and Khoo Ai Lin, Chief Executive Officer of Zurich Life Insurance Malaysia Berhad as Vice-President at its 49th Annual General Meeting held on 29 March 2023. Raymond Lew brings over 30 […]
Continue ReadingGlobal hospitality technology company OYO has announced a special scheme to encourage and reward travel during the holy month of Ramadan in Malaysia. As part of OYO’s commitment to supporting travel during this important time, it is offering gold bars to those staying in OYO properties from March 10 to April 20, 2023. The program […]
Continue ReadingDHL Express, the world’s leading international express service provider, and the Malaysian Investment Development Authority (MIDA) have entered into a Memorandum of Understanding (MOU), to strengthen the country’s position as ideal destination for foreign direct investment (FDI). The partnership aims to further consolidate the contribution of the supply chain industry toward national economic growth. The […]
Continue ReadingKulim (Malaysia) Berhad (KULIM) has consolidated all of its plantation business under its subsidiary Johor Plantations Berhad (formerly known as Mahamurni Plantations Sdn Bhd). The move is a result of a business transformation at KULIM which involves Johor Plantations managing KULIM’s landbank of more than 60,000 ha, 23 estates, five mills, and trading & services […]
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One of Malaysia’s and Southeast Asia’s leading social commerce platforms, Australian Securities Exchange-listed Netccentric Limited (together with its subsidiaries), has announced a proposed name change to Xamble Group Limited (Xamble) to reflect on its new mobile influencer platform set to diversify its revenue streams while providing new growth opportunities. Its Executive Chairman and majority shareholder […]
Continue ReadingUEM Edgenta Berhad (“UEM Edgenta” or the “Company”), the region’s leading Asset Management and Infrastructure Solutions company, announced today that its wholly-owned subsidiary, Edgenta Arabia Limited (“EAL”) has completed the transaction with Mohammed I. Alsubeaei & Sons Investment Company (“MASIC”) for the investment in a 60% equity stake and provision of growth capital in MEEM […]
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