Ambank takes measures to strengthen its financial standings.

Ambank Strengthens its Balance Sheet

This media statement makes reference to the two (2) announcements released on Bursa Malaysia Berhad’s website by AMMB Holdings Berhad (“AMMB”) yesterday. Key highlights are as follows: Proposed Private Placement This exercise entails the issuance of up to 300,000,000 new AMMB ordinary shares (“Placement Shares”), representing approximately 9.97% of AMMB’s existing issued ordinary share capital […]

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Malaysia in Top 20 for Global Employment Attractiveness

Malaysia’s global attractiveness as a desired country for foreigners to relocate for work jumped by some 23 places in 2020, according to a collaborative study conducted by the Boston Consulting Group, global recruitment company The Network and SEEK Asia which owns JobStreet. Ranked number 42 in 2014 and 33 in 2018, the overall attractiveness of Malaysia to global workers surged to the […]

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Petronas has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities.

Petronas Makes History in LNG

PETRONAS has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities following the first cargo delivery by PETRONAS Floating LNG DUA (PFLNG DUA) on 24 March 2021. The cargo was loaded onto the Seri Camar LNG Carrier operated by MISC Bhd for shipment to our LNG Buyer in […]

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Citi Malaysia’s commitment to diversity and inclusion, for the future of the Workplace.

CITI Malaysia Committed to the Future of the Workplace

Citi Malaysia’s commitment to diversity and inclusion isn’t just merely ticking the box. It is about championing gender equality, driving economic progress for women and enhancing Citi Women’s network connectivity. It is creating awareness, championing education, and acting on it to bring about change. Citi led that change with the recent appointment of Jane Fraser, […]

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DPS Resources obtained a strong recovery in the third quarter of its financial year ended 31 December 2020.

DPS Strong Recovery in 3Q 2020 Earnings

DPS Resources Bhd (“DPS” or “Group” or “Company”) saw a strong recovery in the third quarter of its financial year ended 31 December 2020 (3QFY2021) as most business segments maintain their growth momentum. Overall, the Group’s net profit was down by 57.14% year-on-year (YoY) to RM4.67 million in 3QFY2021 as compared to RM10.91 million in […]

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BornOil Makes RM1.8m Acquisition in Syarikat Ratna Pur

In an announcement that had flown under the radar of the investment community, the Borneo Oil Berhad (BornOil) group announced last Thursday, 25 March 2021 that it had entered into an agreement to acquire an entity with a mining lease in Pahang. The entity is Syarikat Ratna Pura Sdn Bhd (SRP) which BornOil would be […]

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IOIPG organized a series of activities to commemorate International Women’s Day.

IOI Properties Group Celebrates International Women’s Day

This year’s International Women’s Day was all about celebrating the inspiring women of IOI Properties Group Berhad (IOIPG). In adopting the global theme of #ChooseToChallenge, IOIPG chose to engage with its staff and public to spark conversations on embracing diversity, equality and inclusion. As a people-centric organisation in the property industry, people and culture form […]

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JobStreet Partnership Helps Members Build Better Resumes

Malaysia’s leading employment platform, JobStreet, has partnered with two professional bodies – Resume Writer Malaysia and Break the Box – in an effort to help graduates and job-seekers enhance their resume writing and interview skills. Under this initiative, exclusive webinars are free for all JobStreet members, especially for graduates who may be excited to join […]

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Petronas has successfully priced a US$600 million single tranche seven-year note bond offering.

Petronas Prices a US$600 Million Bond Offering

PETRONAS has successfully priced a US$600 million single tranche seven-year note. The issuance marks the first corporate bond issued by its wholly owned subsidiary PETRONAS Energy Canada Ltd (PECL). The notes were priced at 85 basis points (bps) over the seven-year US Treasury to yield 2.112 per cent. The offering was met with overwhelming demand […]

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