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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.
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.
KUALA LUMPUR, May 25 (Bernama) -- IJM Land Bhd has formalised a joint venture (JV) with Southern Catalyst Sdn Bhd to develop a RM1.96 billion industrial park in Sedenak, Johor, within the Johor-Singapore Special Economic Zone (JS-SEZ).
KUALA LUMPUR, May 25 (Bernama) -- Stoneshield Capital, a European real assets investment firm, has signed an agreement to acquire a 15 per cent stake in Exolum from OMERS, building on its existing investment in the company.
KUALA LUMPUR, May 25 (Bernama) — The launch of the Social Exchange platform by the Securities Commission (SC) will address public concerns related to charity fundraising and support social outcomes in a more organised and accountable manner.
KUALA LUMPUR, May 25 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced plans to acquire a 57.67 per cent controlling stake in HyalRoute Fiber-Optic Communication Group (HyalRoute) in a transaction valued at about US$2.31 billion. (US$1=RM3.96)
By Siti Noor Afera Abu
KUALA LUMPUR, May 24 (Bernama) -- Manufacturers across ASEAN, including Malaysia, could unlock up to US$1.2 trillion (US$1=RM3.95) in artificial intelligence (AI)-driven gross output value growth by 2030, according to global management consultancy firm Kearney.
KUALA LUMPUR, May 24 (Bernama) -- A Malaysian strategic advisory firm is positioning itself as a bridge connecting Malaysia and the Russia-Commonwealth of Independent States (CIS) market, aiming to unlock cross-border investment opportunities while strengthening Malaysia’s role as a strategic gateway into Southeast Asia.
KUALA LUMPUR, May 22 (Bernama) -- Ann Joo Resources Bhd (Ann Joo) has proposed to dispose of its 100 per cent equity interest in Ann Joo Steel Bhd (AJSB) to Singapore-based Green Esteel Pte Ltd following the mutual termination of a heads of agreement to sell the stake to Southern Steel Bhd today.
KUALA LUMPUR, May 22 (Bernama) -- Retirement Fund Inc, better known as Kumpulan Wang Persaraan Diperbadankan (KWAP), has emerged as a substantial shareholder in Aeon Co (M) Bhd after acquiring more than 1.56 million shares in the company.
KUALA LUMPUR, May 22 (Bernama) -- InterSystems, a creative data technology provider headquartered in Boston, has expanded its Indonesia presence with the opening of a new office in Jakarta.
KUALA LUMPUR, May 21 (Bernama) -- Marquee Brands, the premier global brand management company, has announced a definitive agreement to acquire a majority interest in Roberto Cavalli through a strategic partnership with Dubai-based DAMAC Group.
