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Archive for July, 2011

KLSE News: What’s on the Table – 29 July 2011

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1. Petronas Carigali Sdn Bhd, the exploration and production arm of Petroliam Nasional Bhd (Petronas), has made two significant gas discoveries in the shallow water areas offshore west coast of Sabah. Petronas said the first discovery was via the Zuhai East-1 well, which was located in the Samarang Asam Paya Block about 130km south-west of […]

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KLSE News: What’s on Table – 28 July 2011

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1. Standard & Poor’s yesterday lowered Malaysia’s local currency rating to A from A+, a move expected to have little impact on the bond market as it followed changes to the agency’s methodology and assumptions for rating sovereign governments. Malaysia’s inability to cut back on subsidies and consolidate its fiscal position indicated a long-term weakness […]

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