Based on corporate announcements and news flow on Thursday, companies in focus on Friday (Oct 8) may include Malayan Banking Bhd (Maybank), Tenaga Nasional Bhd, Crest Builder Holdings Bhd, UEM Sunrise Bhd, Ireka Corp Bhd, BIMB Holdings Bhd, Syarikat Takaful Malaysia Keluarga Bhd, Fast Energy Holdings Bhd and Dynaciate Group Bhd.
PETALING JAYA: Fast Energy Holdings Bhd is looking to expand its footprint in the energy space by exploring opportunities within renewable energy (RE) to accelerate growth.
KUALA LUMPUR (June 2): Based on corporate announcements and news flow today, companies in focus tomorrow (June 3) may include: Axiata Group Bhd, RHB Bank Bhd, Serba Dinamik Holdings Bhd, Hibiscus Petroleum Bhd, Techfast Holdings Bhd, Wah Seong Corp Bhd, Datasonic Group Bhd, Sime Darby Plantation Bhd, Boustead Holdings Bhd and Computer Forms (Malaysia) Bhd. Axiata Group Bhd's subsidiary, Boost Holdings Sdn Bhd, and RHB Banking Group have signed a.
Executive director Vincent Tan Wye Chuan told StarBiz that this is a timely opportunity for the company to enter the oil bunkering sector on the back of renewed optimism due to worldwide rollouts of Covid-19 vaccination programmes. (File pic shows a bunker supply ship loading fuel to a vessel.) is banking on its new venture in the lucrative petroleum trading and oil bunkering business to secure more contracts and expand into international ports as global trade gains momentum.
Executive director Vincent Tan Wye Chuan told StarBiz that this is a timely opportunity for the company to enter the oil bunkering sector on the back of renewed optimism due to worldwide rollouts of Covid-19 vaccination programmes.
Techfast website pix
PETALING JAYA: Techfast Holdings Bhd’s wholly owned subsidiary Fast Energy Sdn Bhd has entered into a supply agreement with Singapore-based Wise Marine Pte Ltd to supply a range of marine fuel oils with an approximate total contract value of RM2.2 billion over a three-year period.
Under the agreement, it will supply 10,000 to 30,000 tonnes (mt) of marine fuel oils a month, which translates into a total supply of up to 360,000 mt for the full year.
The contract is slated to commence in the second quarter of 2021.
The group clarified that the total contract value of RM2.2 billion is based on the current average selling price of low sulphur fuel oil of about US$500 (RM2,069.75) per MT as reported by S&P Global Platts in Singapore and a monthly delivery of 30,000 mt.