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KLSE News: 21 Apr 2014 – Alam Maritim is eyeing a slice of the sub-contracting works…

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Alam Maritim is eyeing a slice of the sub-contracting works in relation to the RM10bn Pan Malaysia offshore transport and installation (T&I) jobs. To recap, in Dec 2013, Petronas awarded four T&I packages, worth about RM10bn, to three parties, namely Barakah (package A), Puncak Niaga’s Global Offshore (package B) and SapuraKencana (packages C and D). […]

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KLSE News: 18 Apr 2014 – Pengurusan Asset Air Bhd (PAAB), the national water asset management company…

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Pengurusan Asset Air Bhd (PAAB), the national water asset management company, has awarded the Langat 2 water treatment plant (WTP) contract worth RM994m to a JV company comprising Salcon (36%), MMC Corp (34%) and Ahmad Zaki Resources (30%). This is phase one of the project, with a total processing capacity of 1,130 MLD. (Star) Felda […]

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KLSE News: 17 Apr 2014 – Petronas Dagangan Bhd (PetDag), the retail arm of national oil company…

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Petronas Dagangan Bhd (PetDag), the retail arm of national oil company Petroliam Nasional Bhd, has allocated RM200m in capital expenditure (capex) over the next three years mainly to beef up its cooking gas distribution operations in the Philippines. Chairman Datuk Wan Zulkiflee Wan Ariffin said: “We intend to invest in more assets there to make […]

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KLSE News: 16 Apr 2014 – Top Glove Corp Bhd and Supermax Corp Bhd, two of the world’s biggest rubber-glove manufacturers…

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Top Glove Corp Bhd and Supermax Corp Bhd, two of the world’s biggest rubber-glove manufacturers, said a prolonged water supply rationing in Selangor will raise costs and disrupt production. Water is essential to its operations and rationing may increase costs by RM10m a year, Top Glove chairman Lim Wee chai said in an emailed response […]

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