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Scomi Group proposes corporate exercises to boost financial position

KUALA LUMPUR, May 27 (Bernama) -- Scomi Group Bhd (SGB) plans to undertake a series of corporate exercises, including a share capital reduction, a four-for-one share consolidation and a rights issue of shares with warrants, to put it on a firmer financial footing.

Hibiscus Petroleum records lower earnings in Q3

KUALA LUMPUR, May 27 (Bernama) -- Hibiscus Petroleum Bhd's earnings fell by a third to RM55.18 million in the third quarter (Q3) ended March 31, 2019, from RM83.14 million a year earlier as after-tax profit from its North Sabah asset fell by more than half.

Malakoff posts higher Q1 net profit of RM67 million

KUALA LUMPUR, May 27 (Bernama) -- Malakoff Corporation Bhd's net profit rose to RM67.0 million for the first quarter ended March 31, 2019 (Q1 2019) from RM52.91 million in the same period last year.

Sarawak launches ASEAN's first integrated hydrogen production plant

KUCHING, May 27 (Bernama) -- Sarawak is poised to become a world exporter of hydrogen following the launch of Southeast Asia’s first integrated hydrogen production plant and refuelling station here today.

SEDC works with AVL on hydrogen fuel cell development feasibility study

KUCHING, May 27 (Bernama) -- Sarawak Economic Development Corporation (SEDC) is collaborating with AVL, an Austrian based research and development (R&D) organisation, to conduct a feasibility study on hydrogen fuel cell development in Sarawak.

Big Blue to use electric taxis by July or August

KUALA LUMPUR, May 26 (Bernama) --  Local taxi company, Big Blue Taxi Facilities (Big Blue) is expected to use the first batch of 100 electric-powered taxis beginning this July or August, said its founder and adviser Datuk Shamsubahrin Ismail.

Check smart meter billing at TNB Banda Kabar this Tuesday to Friday 

MELAKA, May 26 (Bernama) -- Smart meter users who want to check their electricity bill with Tenaga Nasional Berhad (TNB) customer service officers have been urged to attend the Customer Day at TNB office in Jalan Banda Kabar from Tuesday (May 28) to Friday (May 31).

MPI, MPOB to sign MoU with Tsinghua University on biofuel research

PETALING JAYA, May 25 (Bernama) -- The Ministry of Primary Industries (MPI) and the Malaysian Palm Oil Board (MPOB) will sign a memorandum of understanding (MoU) with Tsinghua University, China, for research on palm oil as biofuel.

RM10.4 bln EPCC, associated contracts for pipeline projects terminated - Guan Eng

KUALA LUMPUR, May 25 (Bernama) -- The engineering, procurement, construction and commissioning (EPCC) contract for two pipeline projects and other associated contracts amounting to RM10.4 billion have been terminated, says Finance Minister Lim Guan Eng.

Malaysia to strengthen trade, investment ties with Brazil

KUALA LUMPUR, May 25 (Bernama) -- Malaysia and Brazil will continue to focus on expanding bilateral trade and investment ties.