Explanation of the corporate events: User Manual
Corporate Updates - Bursa Malaysia
2025-04-01
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on Bursa Malaysia listed companies.
| Date | Company | Major Action | Recent Events |
|---|---|---|---|
| 16 Dec, 2024 | KKB Engineering Bhd | Won two contract orders worth a combined value of RM89 million. One of the awards is related to PETROSNiaga Sdn Bhd (PNSB) for the supply and delivery of new liquefied petroleum gas cylinders. Meanwhile, the other contract is related to Gamuda Bhd’s award for the manufacture, supply, delivery and unloading of mild steel concrete lined pipes and specials in Sabah. | Contract Awarded |
| 7 Nov, 2024 | KKB Engineering Bhd | Secured contracts worth a combined RM93 million from several companies with key projects in the industrial and infrastructure sectors. The latest contracts include a three-year price agreement from Petroleum Sarawak Bhd (Petros), a sub-contract from Bina Puri Builder Sdn Bhd and a purchase order from Greenchain Capital Sdn Bhd. | Contract Awarded |
| 31 Oct, 2024 | Petro Sarawak (Petros) | Allocating about RM40 billion over the next five years for its capital expenditure. | Expansion Plan |
| 13 May, 2024 | Petroliam Sarawak Bhd | Petroliam Sarawak Bhd (Petros) will commence assuming Petroliam Nasional Bhd's (Petronas) role in all natural gas trading activities in Sarawak, effective July 1, 2024. | Operation Updates |
| 10 Aug, 2023 | Advancecon Holdings Bhd | 30%-owned associate company Advancecon (Sarawak) Sdn Bhd (ASSB) had accepted the letter of award (LOA) from Petros Power Sendirian Bhd for the proposed construction and completion of earthworks and other related works, in relation to the Miri combined cycle gas turbine power plant project. | Contract Awarded |
| 17 Jan, 2023 | Dialog Group Bhd | Signed the Baram Junior Cluster Small Field Asset production sharing contract (PSC) with Petroliam Nasional Bhd (Petronas) and a unit of Sarawak state-owned Petroleum Sarawak Bhd (Petros). Dialog’s wholly-owned unit Dialog Resources Sdn Bhd will take up a 70% participating interest in the PSC, including the operatorship of the contract, while Petros’s wholly-owned subsidiary Petroleum Sarawak Exploration and Production will take up the remaining 30% stake. | Business Venture |
| 9 Mar, 2022 | Petronas Dagangan Bhd | Disposal of LPG Sarawak business to Petroleum Sarawak Bhd (PETROS) for RM40 million cash alongside the issuance of shares in PNiaga (consideration shares) to PDB, which will result in PDB acquiring a 49% shareholding in PNiaga. | Restructuring |
| 13 Dec, 2021 | Petronas Dagangan Bhd | Signed heads of agreement with Petroleum Sarawak Bhd (PETROS) to mark the strategic partnership between the two parties in the liquefied petroleum gas (LPG) business in Sarawak. The partnership includes the divestment of PDB’s LPG business in Sarawak to PetrosNiaga Sdn Bhd (PNiaga), a fully-owned subsidiary of PETROS, and a subscription of shares in PNiaga by PDB. | Disposal |
| 18 Jun, 2021 | Uzma Bhd | Petra Energy Bhd and Uzma Bhd has secured a contract from Petroleum Sarawak Bhd (Petros) for the exploration, development and production of petroleum in Block SK433, onshore Sarawak for a period of 29 years. | Business Venture |
| 18 Jun, 2021 | Petra Energy Bhd | Petra Energy Bhd and Uzma Bhd has secured a contract from Petroleum Sarawak Bhd (Petros) for the exploration, development and production of petroleum in Block SK433, onshore Sarawak for a period of 29 years. | Business Venture |
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