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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.
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LABUAN, March 15 (Bernama) -- Labuan, the Malaysian international business and financial hub, is set for a significant transformation with the proposed RM38 million Waterfront Development Project (Phase 1) to generate economic benefits and enhance tourism offerings in the island federal territory.
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KUALA LUMPUR, March 14 (Bernama) -- GE Vernova Inc announced that the Pulau Indah power plant, developed by Selangor state-linked company, Worldwide Holdings Bhd (WHB) has commenced operations.
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KUALA LUMPUR, March 14 (Bernama) -- Bursa Malaysia continued to trade higher at mid-afternoon lifted by gains in heavyweights led by Maybank and YTL Power International Bhd.
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KUALA LUMPUR, March 14 (Bernama) -- Prodezi Long An JSC (Prodezi) and Huong Viet Investment Consulting JSC (Huong Viet Holding) have officially begun construction on Long An's first eco-industrial park in Vietnam.
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KUALA LUMPUR, March 14 (Bernama) -- Bursa Malaysia opened lower, reversing the previous day's gains, as Wall Street weakened after US President Donald Trump intensified his "tariff bullets" against the European Union.
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By Zufazlin Baharuddin
KUALA LUMPUR, March 13 (Bernama) -- NGC Energy Sdn Bhd plans to further expand its solar photovoltaics (PV) system business in the commercial and industrial sectors this year from residential projects.
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By Siti Noor Afera Abu
KUALA LUMPUR, March 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) emerged as the top-performing index in the region today, gaining 1.69 per cent, as it bounced back from a significant five-day sell-off, driven by bargain hunting.
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PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.
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KUALA LUMPUR, March 13 (Bernama) -- ACE Market-bound oil and gas (O&G) specialty chemicals manufacturer SumiSaujana Group Bhd aims to raise RM74.4 million from its initial public offering (IPO).
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PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.
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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.