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Sabah To Seek State Cabinet Backing For OGSE 5-year Roadmap - Ewon

KOTA KINABALU, June 5 (Bernama) -- The Sabah Ministry of Industrial Development, Entrepreneurship and Transport (MINDET) will bring the Sabah Oil & Gas Services and Equipment (OGSE) 5-Year Roadmap to the state Cabinet for endorsement.

Regional Cooperation Critical To Unlock Long-Term Energy Investment -- TNB

KUALA LUMPUR, June 5 (Bernama) -- Regional cooperation will be critical to optimising resources and creating markets that are deep enough to support long-term investment in the energy landscape, said Tenaga Nasional Bhd (TNB). 

Bursa Malaysia Remains Firm As Investor Sentiment Improves

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia extended yesterday's gains to open higher today, despite mixed overnight cues from Wall Street and a generally weaker opening by regional markets.

Orano Canada, Cameco To Acquire TEPCO Stake In Cigar Lake JV

KUALA LUMPUR, June 3 (Bernama) -- Orano Canada Inc (Orano Canada) and Cameco Corporation (Cameco) have reached an agreement to jointly acquire TEPCO Resources Inc (TEPCO) five per cent ownership in the Cigar Lake Joint Venture (JV) in a transaction that will increase both companies’ stakes in the uranium mining project.

Fortegra Joins DB Insurance To Expand Global Market Presence

KUALA LUMPUR, June 3 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurance company, has completed its acquisition by South Korea's DB Insurance Co Ltd (DB), a leading property and casualty insurer.

Ryt Bank Launches Ryt Invest, Offers Shariah-Compliant Investing From RM1

KUALA LUMPUR, May 28 (Bernama) -- Ryt Bank has launched a new in-app investment platform called Ryt Invest, marking a first for digital banking in Malaysia by bringing shariah-compliant investing with zero per cent sales charge.

Petronas' Full Ownership Of PRefChem Cements Malaysia's Longer-Term Ambition -- Analyst

By Siti Radziah Hamzah

KUALA LUMPUR, May 26 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to assume full ownership of the Pengerang Integrated Complex’s refining and petrochemical operations from Saudi Aramco could further cement Malaysia’s longer-term ambition of positioning Pengerang as a major regional hub for refining, storage, petrochemicals and trading. 

Ringgit Opens Slightly Higher Against US Dollar Amid US-Iran Negotiations

By Karina Imran

KUALA LUMPUR, May 26 (Bernama) --  The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the Straits of Hormuz.

Petronas To Assume Full Ownership of Prefchem

KUALA LUMPUR, May 25 (Bernama) -- Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company (Aramco) in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor.

Petronas, Aramco Announce Transfer of Full Ownership of PRefChem To Petronas

KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s equity stakes, held via Aramco Overseas Company B.V., in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (collectively, PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor to Petronas.

AICB Recognises Over 700 Banking Professionals, Strengthens Regional Banking Talent Pipeline

KUALA LUMPUR, May 23 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) has reaffirmed its commitment to strengthening the banking talent pipeline in Malaysia and across the region, with over 700 banking professionals recognised at its 9th Chartered Banker Conferment Ceremony.

I Squared Capital Launches India Power Transmission Platform

KUALA LUMPUR, May 21 (Bernama) -- I Squared Capital (I Squared), a global infrastructure investment manager, has launched Cube Grid, a power transmission platform targeting India's expanding electricity grid.