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KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.
PUTRAJAYA, March 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has emphasised that the RM1.1 billion injection into Sapura Energy Bhd (SEB) is a loan, not a sunk cost, and must be repaid.
By Abdul Hamid A Rahman
This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants.
KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).
KUALA LUMPUR, March 7 (Bernama) -- Malaysia’s international reserves rose to US$118.3 billion as at Feb 28, 2025, from US$117.7 billion on Feb 14, 2025, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.
KUALA LUMPUR, Feb 21 (Bernama) -- Malaysia’s international reserves rose to US$117.7 billion as at Feb 14, 2025, from US$116.4 billion on Jan 31, 2025, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, Feb 17 (Bernama) -- The government is constantly evaluating and improving the implementation of government projects, including the public-private partnership projects, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, Feb 7 (Bernama) -- Malaysia's international reserves rose to US$116.4 billion as at Jan 31, 2025, from US$115.5 billion on Jan 15, 2025, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, Feb 7 (Bernama) -- AKWEL posted a consolidated revenue of 989.0 million euros for fiscal year 2024, marking a 7.3 per cent decrease from 1.0664 billion euros, the previous year. (1 euro = RM4.59)
KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s international reserves stood at US$115.5 billion as at Jan 15, 2025, compared to US$116.2 billion as at Dec 31, 2024, according to Bank Negara Malaysia (BNM).
