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KUALA LUMPUR (Jan 25): Here is a brief recap of some corporate announcements that made the news on Wednesday (Jan 25) involving Jiankun International Bhd, Advance Information Marketing Bhd (AIM), PLS Plantations Bhd, Duopharma Biotech Bhd, T7 Global Bhd, Uzma Bhd, Yinson Holdings Bhd and Atlan Holdings Bhd. ....
KUALA LUMPUR: T7 Global Bhd has secured two contracts worth a combined value of about RM100mil under its energy division for recruitment and manpower services and offshore construction services. ....
SPANISH oil major Repsol SA is understood to be looking to exit its oil and gas (O&G) production business in Malaysia, sources familiar with the matter tell The Edge. While details are scarce, it is understood that Repsol has roped in an international investment bank to assist in the sale. Mikkel Larsen, Repsol’s international communication and country coordination official, in an email response to The Edge on the possible sale of the company’s Malaysian assets, says, “We don’t have any comments to this we never comment on speculations about this kind of processes.” Nevertheless, a high-ranking local O&G executive says, “I am not surprised, it (the sale of assets) has been on the cards for a while now.” ....