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KLSE News: 14 May 2015 – Perdana Petroleum announced that the trading of its shares will be suspended today…

Perdana Petroleum announced that the trading of its shares will be suspended today. Yesterday, the company received a letter from its shareholder Dayang Enterprise that intends to enter “into a material corporate transaction involving Perdana”. The trading of Dayang’s shares will be suspended today as well. (BMSB) As highlighted in our 26 Mar note, we […]

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KLSE News: 13 May 2015 – The El Nino effect, which can drive droughts and flooding, is under way in the tropical Pacific, say scientists…

The El Nino effect, which can drive droughts and flooding, is under way in the tropical Pacific, say scientists. Australia’s Bureau of Meteorology predicted that it could become a “substantial” event later in the year. The phenomenon arises from variations in ocean temperatures. The El Nino is still in its early stages, but has the […]

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KLSE News: 12 May 2015 – SapuraKencana has secured six contracts that call for the installation of various offshore structures in Mexico, Indonesia, Vietnam and India…

SapuraKencana has secured six contracts that call for the installation of various offshore structures in Mexico, Indonesia, Vietnam and India. The contracts are worth a combined US$269m (RM969m). Genting Malaysia Bhd, via indirect unit Resorts World Ltd, has proposed to sell its entire 17.81% stake in Genting Hong Kong Ltd for at least RM1.69bn cash […]

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