CORPORATE

Media Prima records net loss of RM669.66 million in 2017

 |  Friday, 23 February 2018 15:52  |  Published in CORPORATE

Media Prima Bhd registered a net loss of RM669.66 million in the financial year ended Dec 31, 2017 against a net loss of RM69.78 million in 2016.

In a filing to Bursa Malaysia yesterday, the group recorded revenue of RM1.19 billion for the period, as compared to the preceding financial year 2016 (FY16) of RM1.28 billion.

Allianz Malaysia stays resilient to deliver RM4 billion in GWP in 2017 

 |  Friday, 23 February 2018 15:44  |  Published in CORPORATE

Allianz Malaysia Bhd (AMB) Group concluded 2017 with a 2.5 percent growth in Group’s Gross Written Premium (GWP) which stood at a solid RM4.29 billion as compared to RM4.18 billion from the year before. 

Profit Before Tax stood at RM437.3 million in 2017 as compared to RM454.6 million in 2016. The Group’s Total Assets grew 11.3 percent to RM16.59 billion in 2017 as compared to RM14.91 billion in 2016.

PETRONAS Secures LNG Supply Agreement to India

 |  Thursday, 22 February 2018 15:39  |  Published in CORPORATE

PETRONAS LNG Ltd. (PLL), a subsidiary of PETRONAS, signed a Sale and Purchase Agreement (SPA) with H-Energy Mideast DMCC (HEMD) for supply of Liquefied Natural Gas (LNG) to India.

Chief executive officer and managing director of PLL, Ezhar Yazid Jaafar said that the agreement with HEMD marks a milestone for PLL as the first term LNG contract to India.

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