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MISC JVs secure 5-year contract extension from Shell Brasil


KUALA LUMPUR (Dec 29): MISC Bhd s joint-venture (JV) companies have secured a five-year extension from Shell Brasil to provide floating production storage and offloading (FPSO) Espirito Santo, located offshore Brazil.
In a statement today, the Malaysian shipping giant said its two JV companies Brazilian Deepwater Production BV (BDP BV) and Operações Maritimas em Mar Profundo Brasileiro Ltd (OMMPB), a wholly-owned subsidiary of Brazilian Deepwater Production Contractors Ltd (BDPC) had entered into an agreement with Shell Brasil on Dec 7, 2020.
The agreements were for five years’ extension of the lease, operation and maintenance contracts for the FPSO Espirito Santo located in the Campos Basin for the BC-10 field, offshore Brazil. ....

Kuala Lumpur , Espirito Santo , Estado De Pernambuco , Brazilian Deepwater Production Ltd , Brazilian Deepwater Production Contractors Ltd , Holdings Sdn Bhd , Holding Inc , Shell Brasil , Campos Basin , குவாலா லம்பூர் , எஸ்பிரிட்டோ சாண்டோ , எஸ்டாடோ டி பரர்ந்யாஂப்யூகொ , பிரேசிலியன் ஆழமான நீர்நிலை ப்ரொடக்ஶந் லிமிடெட் , பிரேசிலியன் ஆழமான நீர்நிலை ப்ரொடக்ஶந் ஒப்பந்தக்காரர்கள் லிமிடெட் , ஹோல்டிங்ஸ் ஸ்டன் ப்ட் , வைத்திருத்தல் இன்க் , ஷெல் பிரேசில் , காம்போஸ் பேசின் ,

AirAsia, Kim Loong, Minho, Artroniq, Duopharma, MISC and Toyo Ventures


KUALA LUMPUR (Dec 29): Based on corporate announcements and news flow today, companies in focus tomorrow (Dec 30) may include: AirAsia Group Bhd, Kim Loong Resources Bhd, Minho (M) Bhd, Artroniq Bhd, Duopharma Biotech Bhd, MISC Bhd and Toyo Ventures Holdings Bhd.  
Budget airline
AirAsia Group Bhd has decided to sell 32.67% of the 49% stake it holds in AirAsia (India) Ltd to Tata Group for US$37.66 million (approximately RM152.58 million). As part of the transaction, there will be a call option in respect of the remaining 16.33% stake, exercisable by Tata at any time after the transaction is completed. The total consideration in respect of the options granted for the remaining 16.33% stake shall be US$18.83 million (approximately RM76.29 million). ....

Kuala Lumpur , Espirito Santo , Estado De Pernambuco , Song Hau , Vietnam General , Republic Of , Artroniq Bhd , Minhom Bhd , Brazilian Deepwater Production Ltd , Vietnam Ministry Of Industry , Airasia Group Bhd , Airasia India Ltd To Tata Group , Plastrade Technology Bhd , Brazilian Deepwater Production Contractors Ltd , Toyo Ventures Holdings Bhd , Kim Loong Resources Bhd , Duopharma Biotech Bhd , Toyo Ventures Holdings , Tata Group , Loong Resources Bhd , Biotech Bhd , Shell Brasil , Ventures Holdings Bhd , Power Plant , குவாலா லம்பூர் , எஸ்பிரிட்டோ சாண்டோ ,