Selangor, 1 March 2022 – Malaysia’s No. 1 total coating solutions provider, Nippon Paint Malaysia Sdn. Bhd. (Nippon Paint), officially announced its 100% acquisition of CMI Construction Material Industry Sdn. Bhd. (CMI) and an 85% stake in CMI Marketing Sdn. Bhd. (CMIM). This acquisition is aligned to Nippon Paint’s global...
Kuala Lumpur, 28 February 2022- IOI Properties Group Berhad’s (IOIPG) revenue increased by 19% to RM704.8 million in the second quarter ended 31 December 2021 (Q2 FY2022) compared to preceding year corresponding quarter, with improved financial performance across all its business segments in property development, property investment, and hospitality and leisure. The Group achieved RM125.3 million in net profit in the same quarter, after...
Kuala Lumpur, 28 February 2022 – PETRONAS Chemicals Group Berhad (PCG) recorded its highest financial performance in Financial Year 2021 (FY2021) driven by the surge in petrochemical prices throughout the year. Petrochemical product prices soared to historical peaks in 2021 driven by higher energy prices, strong demand and tight supply...
Kuala Lumpur, 28 February 2022 – PETRONAS Gas Berhad Group of Companies (PGB or the Group) closes its financial year 2021 with a Profit After Tax (PAT) of RM2.11 billion, underpinned by sustained revenue streams and lower costs. This achievement marks the second year where the Group exceeds the...
Kuala Lumpur, 28 February 2022 – The reopening of more economic sectors under Phase Four of the National Recovery Plan (NRP) has catalysed demand for fuel, boosting PETRONAS Dagangan Berhad (PDB)’s Profit Before Tax (PBT) by 73%to RM199.8 million for the quarter ended 31 December 2021 (Q4FY2021), as compared...
Kuala Lumpur, 26 February 2022 – RHB Banking Group (“RHB” or “the Group”) recently concluded its RHB ‘Get Your Hack On’: Data Edition 2022 (“Datathon”) hackathon, attracting more than 270 digital and technology-savvy innovators focusing on driving customer-centric solutions leveraging on data analytics. Following the success of the inaugural RHB ‘Get...
Kuala Lumpur, 25 February 2022 – CROWDFACTOR X (“CFX”), the World’s 1st Crowdfunding Reality Show premiered on the 25th of February 2022 over a course of 3 episodes that were released daily. CROWDFACTOR X challenges 8 outstanding entrepreneurs, also known as nation builders, to step out of their comfort zones...
Kuala Lumpur, 24 February 2022 - In the announcement of its unaudited financial statement for the 3 months ended 31 December 2021, Zecon added RM2.07 million to the Group’s profit after tax to the 18 months cumulative total of RM18.86 million. An 18-month cumulative total since 1 July 2020 saw the Group registering a revenue of RM633.09 million with a...
KUALA LUMPUR, 19 February 2022 – PETRONAS has signed a Memorandum of Understanding (MoU) with leading global shipping company Mitsui O.S.K. Lines, Ltd. (MOL) to jointly explore opportunities in liquefied carbon dioxide (CO2) transportation for the carbon capture, utilisation and storage (CCUS) value chain in Asia Pacific and Oceania regions. The...
Kuala Lumpur, 19 February 2022 - PETRONAS Digital Sdn Bhd (PDSB) and the Center of Applied Data Science (CADS) have entered into a collaboration to digitally empower the workforce in Southeast Asia to advance in employability, future-readiness and talent sustainability.   PDSB, the digital arm of PETRONAS, is a progressive partner of...