Bank Negara Refines Operational Arrangement on Export Proceeds Conversion

 |  Wednesday, 08 February 2017 11:09  |  Published in NEWS

Kuala Lumpur, Feb 8 - With reference to a recent media report on the foreign exchange rules, Bank Negara Malaysia reminds and reiterates, in a statement, that the changes made effective from Feb 6, 2017, are not an easing of restrictions, but rather a refinement of existing operational arrangements between onshore banks and Bank Negara Malaysia.

Yayasan Sime Darby Extends Sponsorship for the Management and Ecology of Malaysian Elephants

 |  Tuesday, 07 February 2017 17:15  |  Published in NEWS

Semenyih, Feb 7 – In an effort to save the gentle giants of Malaysia, Yayasan Sime Darby (YSD) is extending support for the Management and Ecology of Malaysian Elephants (MEME) project with a RM1.9 million commitments for another three years from Jan 2017 until Dec 2019.

This year marks YSD’s sixth year of support for the MEME project to preserve Asian elephants in Malaysia. YSD first sponsored the MEME project in January 2012, committing RM3.36 million until December 2016.

UZMA Awarded Three Year Wireline Umbrella Contract

 |  Tuesday, 07 February 2017 15:34  |  Published in NEWS

Kuala Lumpur, Feb 7- Petronas has awarded Uzma Bhd’s subsidiary, Uzma Engineering Sdn Bhd (UESB), as one of its Panel Contractor for an Umbrella Contract for the Provision of Electric Wireline Logging (EWL). 

This contract will run for a duration of three (3) years, commencing from 1st December 2016 to 30th November 2019, with two extension options of one (1) year each (3+1+1 years) for Cased Hole Logging Services across the Pan Malaysia area.

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