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Bursa Malaysia opens in cautious mode, US debt jitters continues

KUALA LUMPUR, June 1 ― Jitters surrounding the United States (US) debt ceiling deal continued to dampen investors’ sentiments this morning. At 9.20am, the FTSE Bursa. ....

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Upbeat outlook on O&G sector

PETALING JAYA: Industry observers and analysts are of the general opinion that 2023 could be a bright year for the oil and gas (O&G) industry, by and large mirroring the outlook that local integrated O&G titan Petroliam Nasional Bhd (PETRONAS) has cast on the prospects of the sector as well as its own. ....

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Alam Maritim, KNM trigger PN17 criteria

KUALA LUMPUR: Alam Maritim Resources Bhd and KNM Group Bhd are the latest companies to be classified as an affected listed issuers under Practice Note 17 (PN17) of the Main Market Listing Requirements. ....

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A mammoth task for Sapura Energy

“THE first priority is to survive 2022,” quips Datuk Anuar Mohd Taib, group CEO of beleaguered Sapura Energy Bhd. ....

Petroliam Nasional Bhd , Renong Bhd , Datuk Anuar Mohd Taib , Shahril Shamsuddin , Permodalan Nasional Bhd , Sapura Energy Bhd , Perisai Petroleum , Barakah Offshore Petroleum Bhd , Crest Petroleum Bhd , Credit Debt Restructuring Committee , Sapura Energy , Provident Fund , Tan Sri Shahril Shamsuddin , Employees Provident Fund , Barakah Offshore Petroleum , Bumi Armada , Icon Offshore , Alam Maritim Resources , Debt Restructuring Committee , Bursa Malaysia , Corporate News , Oil And Gas , Anuar Mohd Taib ,

Looming debt restructuring

AS one of the largest corporate debt restructuring exercises in recent years is about to begin, it begs the question of whether some local companies have taken on too much debt prior to the pandemic. ....

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