1m ago
KUALA LUMPUR, Feb 26 (Bernama) — More than 1,400 local vendors have received payments following the government’s RM1.1 billion investment in Vantris Energy Bhd, said Finance Minister II Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).
1y ago
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).