CORPORATE

PUC and Bersian Sign MoU to Enhance Advertising and eCommerce Business

 |  Friday, 20 October 2017 13:38  |  Published in CORPORATE

ACE Market-listed company, PUC Berhad (formerly known as PUC Founder (MSC) Berhad)  signed a Memorandum of Understanding (MoU) with Bersian Technology (M) Sdn Bhd on cross marketing collaboration aimed at expanding and growing its advertising and ePayments business through the deployment of innovative products and services to a broader clientele base. 

As part of the MoU, PUC will benefit from Bersian’s efforts to promote PUC’s suite of tailor-made advertising services to its existing clientele base, in providing new opportunities and an enhanced advertising approach that will boost clients’ marketing strategies. 

T7 Global To Dispose Of Its Birmingham Property 

 |  Thursday, 19 October 2017 10:16  |  Published in CORPORATE

T7 Global Berhad, formerly known as Tanjung Offshore Berhad, a major upstream and downstream oil and gas service provider in Malaysia has entered into an agreement for the disposal of its Birmingham Property (“the Property”) for a cash consideration of GBP5.75 million (RM32.24 million) through the entire share sale of its wholly owned subsidiary, 7 New Market Street Holdings Limited the holding company of the Property, subject to the fulfilment of conditions precedent.

The Property is a 10-storey office block with basement and 18 car park spaces which has mainly been stripped back to shell fit located at the edge of the Birmingham Central Business District. It is situated on the corner of New Market Street and Great Charles Street Queensway sitting on a piece of freehold land and has connectivity to a complete range of transport links where the Snowhill station is situated 0.2 miles away and New Street station is within a short walking distance.

Petronas Calls For Collaboration Between LNG Producers And Consumers 

 |  Thursday, 19 October 2017 09:52  |  Published in CORPORATE

PETRONAS, currently the world’s third-largest LNG producer has urged producers and consumers of liquefied natural gas (LNG) to collaborate towards encouraging growth and sustainability of the industry.    

Its President and Group CEO Wan Zulkiflee Wan Ariffin (pic) warned that while demand for LNG has grown, there is a possibility of industry stagnation if LNG prices do not encourage necessary investments to sustain the business.

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