Having invested aggressively in growing their assets during the oil-boom years of 2010-2014, many may now find themselves in a quandary, as the commodity’s market has busted and its prices have crashed to levels last seen in 2003.
Read moreMaintain buy with an unchanged target price of 80 sen: Pantech Group Holdings Bhd’s third quarter ended Nov 30, 2015 (3QFY16) net profit increased 22% year-on-year (y-o-y) and 6.4% quarter-on-quarter (q-o-q) to RM11.1 million following orders from the refinery and petrochemical integrated development (Rapid) project in Pengerang, Johor. Similarly, quarterly revenue gained 16% y-o-y and 18% q-o-q to RM144 million.
Read moreJOHOR BAHRU 22 Jan. - Johor terus berjaya menarik pelaburan antarabangsa dan yang terbaharu berjumlah RM1.3 bilion daripada tiga syarikat multinasional Jepun.
Read moreJOHOR BAHRU 21 Jan. - Johor Petroleum Development Corporation (JPDC) akan mengkaji semula garis masa pelan induk projek Kompleks Petroleum Bersepadu Pengerang (PIPC) di Pengerang, Kota Tinggi berikutan ketidakstabilan harga minyak mentah dunia pada masa ini.
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