Raja Arshad: More investments into Icon and Orkim


Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan (center) holding the Ekuinas 2016 annual report with Ekuinas chairman Raja Tan Sri Arshad Raja Tun Uda (left) and CEO Syed Yasir Arafat Syed Abd Kadir at the announcement of Ekuinas' 2016 results yesterday

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) does not rule out putting more money into its oil and gas (O&G) portfolio companies Icon Offshore Bhd and Orkim Sdn Bhd.

Chairman Raja Tan Sri Arshad Raja Tun Uda said it would continue to support these companies in its decisions moving forward after the planned merger with UMW Oil & Gas Corp Bhd (UMW-OG) was called off.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Business , ekuinas , Arshad , Uda , oil , gas , stocks , shares , AGM ,

   

Next In Business News

Decarbonising cement: Are we ready?
After a homeowner passes
A stinky nuisance: When septic tanks burst
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Sapura Energy ‘in a good place now’

Others Also Read