The State Government will terminate the work permits for the operation of oil and gas companies that fail to pay their State Sales Tax (SST) on petroleum products owed to the State Government
Sabah will be cancelling the working permits for Hibiscus Petroleum Bhd’s two oil units operating in that state if they do not settle the taxes and penalties owed within the stipulated deadline.
Bursa Malaysia reversed Monday's (July 18) gains to end marginally lower on Tuesday after a lacklustre trading session, as investors seemed reluctant to make more significant moves due to the absence of buying catalysts, an analyst said.
Bursa Malaysia was lower in early trade on Wednesday (July 13), mirroring the volatile session on Wall Street overnight amid weaker sentiment, a dealer said.
Here is a brief look at some corporate announcements and news flow on Monday (July 4) which include Sime Darby Bhd, Pentamaster Corp Bhd, Perdana Petroleum Bhd, Hibiscus Petroleum Bhd, AEON Credit Service (M) Bhd and Mah Sing Group Bhd.