Finishing higher. The FBM KLCI rose 6.96 points to close at 1,526.96. Petronas will develop 4 marginal oilfields in the immediate term to boost Malaysia’s oil production. Perisai expects to expand its fleet of vessels by purchasing a 51% stake in Intan Offshore SB, a vessel chartering company, for RM45.24m while Bank Negara is keeping the OPR at 2.75%. Meanwhile, Sime Darby’s energy and utilities division and Mustang, a Wood Group Company, have formed Mustang Sime Darby, a JV company that will venture into the O&G industry while Benalac is proposing to buy 2 vessels for RM20.75m. Finally, the US markets closed marginally higher but crude oil price slipped USD1.69 to USD85.64/barrel.
Seminar Jutawan Saham dan CPO anjuran PUABUMI kini KEMBALI sebagai Kem Pelaburan PUABUMI II, 2 hari 1 malam untuk memenuhi permintaan ramai secara eksklusif yang akan diadakan pada 13 Ogos 2011( CPO )dan 14 Ogos 2011, 10.00 pagi-6.00 petang ( EKUITI ) bertempat di Hotel Midah, Kuala Lumpur ... Berminat, sila sms nama dan no kad pengenalan ke 0192009622! Rebutlah peluang keemasan ini... Sila lawati www.boraksaham.com
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MARKET REVIEW - Thursday, 28 January 2011
Finishing higher. The FBM KLCI rose 6.96 points to close at 1,526.96. Petronas will develop 4 marginal oilfields in the immediate term to boost Malaysia’s oil production. Perisai expects to expand its fleet of vessels by purchasing a 51% stake in Intan Offshore SB, a vessel chartering company, for RM45.24m while Bank Negara is keeping the OPR at 2.75%. Meanwhile, Sime Darby’s energy and utilities division and Mustang, a Wood Group Company, have formed Mustang Sime Darby, a JV company that will venture into the O&G industry while Benalac is proposing to buy 2 vessels for RM20.75m. Finally, the US markets closed marginally higher but crude oil price slipped USD1.69 to USD85.64/barrel.
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