KL Market

MISC - MISC Berhad News

• 22-Aug-2010 - French company Technip to buy stake in MMHE
  PETALING JAYA: Energy shipper MISC Bhd has roped in France-based Technip SA to take up a strategic stake in the soon-to-be listed Malaysia Marine Heavy Engineering Bhd (MMHE).
  
  
• 20-Aug-2010 - MISC Q1 profit jumps 83%
  KUALA LUMPUR: MISC Bhd reported an 83% rise in net profit to RM428mil in the first quarter ended June 30, despite a 16% drop in revenue to RM3.27bil.
  
  
• 29-Jul-2010 - MISC to give final dividend
  PETALING JAYA: MISC Bhd announced to Bursa Malaysia that it is giving a final dividend of 20 sen (tax exempt) for the financial year ended March 31, 2010.
  
  
• 25-Jul-2010 - MISC to offer 25.5% of MMHE
  PETALING JAYA: MISC Bhd is proposing to list wholly-owned Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) on the Bursa Malaysia main market via the offer for sale of 25.5% or 408 million of the enlarged paid-up capital of 1.6 billion shares.
  
  
• 21-Jul-2010 - MISC in RM1.4bil deal
  PETALING JAYA: MISC Bhd's wholly owned subsidiary AET Inc Ltd yesterday signed a contract to purchase four new 320,000-deadweight tonne (dwt) very large crude carriers (VLCCs) from Daewoo Shipbuilding & Marine Engineering Co Ltd of South Korea for about US$430mil (RM1.38bil).
  
  
• 01-Jul-2010 - Support Line
  K.M. Lee writes on Green Packet, MISC and QSR Brands.
  
  
• 27-Jun-2010 - MISC unit buys 4 tankers
  PETALING JAYA: MISC Bhd said its wholly-owned unit, AET Inc Ltd, yesterday signed a contract with Samsung Heavy Industries Co Ltd of Korea for the purchase of four new 158,500dwt Suezmax tankers at a cost of US$67.8mil each.
  
  
• 17-Jun-2010 - Nasarudin made MISC CEO
  KUALA LUMPUR: MISC Bhd yesterday announced that the group has redesignated its former non-executive director Datuk Nasarudin Md Idris as the new president and chief executive officer (CEO).
  
  
• 20-May-2010 - MISC to pay US$850mil For VTTI stake
  PETALING JAYA: MISC Bhd will pay about US$850mil for a 50% stake in international tank terminal operator VTTI BV by the time the deal is completed in six months time, up from the original US$735mil price tag announced earlier this week.
  
  
• 18-May-2010 - MISC buys stake in VTTI for RM2.36bil
  PETALING JAYA: MISC Bhd has proposed to buy a 50% stake in global tank terminal firm VTTI BV for US$735mil (RM2.36bil) in a move that will give the home-grown shipping giant immediate access to strategically located assets at the ?crossroads of major products and energy shipping lanes of the world,? the company said.