<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on July 19, 2018</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: Perunding Ranhill Worley Sdn Bhd (PRW), an associate of Ranhill Holdings Bhd and WorleyParsons Ltd of Australia, has won a contract from Kebabangan Petroleum Operating Co Sdn Bhd (KPOC) to provide engineering support and design services to the KPOC-Kebabangan northern hub platform in Sabah.</p></div>

<div class=newsTextDataWrapInner><p>The value of the contract was not disclosed.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>KPOC is a joint operating company which is 40% owned by Petronas Carigali Sdn Bhd, Conoco Philips Sabah Gas Ltd (30%) and Shell Energy Asia Ltd (30%).</p></div>

<div class=newsTextDataWrapInner><p>In a statement yesterday, PRW said the contract spans three years, with an option to extend by one year, and encompasses the provision of engineering and design services. These include special engineering studies, conceptual engineering, basic engineering and detailed engineering support.</p></div>

<div class=newsTextDataWrapInner><p>“Today’s (yesterday) signing ceremony also marks a significant milestone for us as we commence our expansion into Sabah as part of PRW’s long-term growth strategy,” said PRW chief executive officer Mohamad Embong.</p></div>


KUALA LUMPUR: Perunding Ranhill Worley Sdn Bhd (PRW), an associate of Ranhill Holdings Bhd and WorleyParsons Ltd of Australia, has won a contract from Kebabangan Petroleum Operating Co Sdn Bhd (KPOC) to provide engineering support and design services to the KPOC-Kebabangan northern hub platform i...

Ranhill’s associate bags 3-year contract in Sabah

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<p>Construction and engineering contractor Crest Builder Holdings Bhd said it had secured a condominium project valued at RM486 million in Mont Kiara. &nbsp;</p>

<p>The project, awarded by Kiaramas Development Sdn Bhd, involves the construction of three blocks of condominiums with car park podiums in Jalan Desa Kiara.&nbsp;The contract period is 42 months from May 2, according to Crest Builder in a filing with Bursa Malaysia on Tuesday.</p>


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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.</p>


KomarkCorp, Topmix, PavREIT, Axis REIT, KIP REIT, Cypark, Crest Builders, Capital A, Gadang, Haily, DXN, Inta Bina, Comfort Gloves, AHB

<p>KUALA LUMPUR (April 23):&nbsp;The Iskandar Regional Development Authority’s (IRDA) target to achieve&nbsp;cumulative investments of RM636 billion by 2030 is among Iskandar Malaysia’s strategies to assist the country in becoming one of the top 30 global economies and the top 12 in global competitiveness.</p>


Iskandar Malaysia’s RM636b investment target to help propel country into world's top 30 economies — PM

<p>KomarkCorp Bhd, which lost its defamation suit against The Edge Communications Sdn Bhd in the High Court last month, is appealing against the court's decision, which found that the media company had not defamed it in an article about the manipulation of penny stocks that was published nearly three years ago.</p>


KomarkCorp appeals against High Court's ruling that The Edge did not defame the company

<p>Comfort Gloves Bhd said there was a fire at the glove maker’s newly-built three storey warehouse and packing department in Taiping, Perak on Tuesday morning.</p>

<p>“The cause of the fire and the actual extent of the damage are currently still unknown, pending the completion of police investigations into the fire and issuance of their report,” the group said in a bourse filing.</p>


Comfort Gloves reports fire at new Taiping warehouse

<p>While the opening of The Exchange TRX is anticipated to intensify competition in the malls sector, Pavilion Real Estate Investment Trust (PavREIT) said footfalls at its malls nearby — Pavillion KL and the connected Pavilion Elite — remain unaffected, and they are still enjoying over 95% occupancy rates.</p>


PavREIT says Pavilion KL, Elite's footfalls unaffected by opening of TRX mall

<p>The Malaysian Oil, Gas &amp; Energy Services Council (MOGSC) has called on oil and gas (O&amp;G) stakeholders, especially financial institutions, not to write off O&amp;G services and equipment (OGSE) players in the energy transition agenda, as they still have a role to play.</p>


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