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Hibiscus Taps Tanjung Offshore for Well Services

Malaysia-based energy solutions provider, T7 Global has, via its subsidiary Tanjung Offshore, received a work order award…

Hibiscus Taps Tanjung Offshore for Well Services Work

Malaysia-based energy solutions provider, T7 Global has, via its subsidiary Tanjung Offshore, received a work order award…

TNB, Digi Com, Hextar Industries, Caely, GIIB, Yinson, Dayang Enterprise, T7 Global, Keck Seng, Pestech, K-One and ILB

KUALA LUMPUR (Oct 20): Here is a brief recap of some corporate announcements that made news on Thursday (Oct 20), involving Tenaga Nasional Bhd (TNB), Digi.Com Bhd, Hextar Industries Bhd, Caely Holdings Bhd, GIIB Holdings Bhd, Yinson Holdings Bhd, Dayang Enterprise Holdings Bhd, T7 Global Bhd, Keck Seng (Malaysia) Bhd, Pestech International Bhd, K-One Technology Bhd and ILB Group Bhd.

Analysts view Hibiscus positively as Sabah sales tax issue resolved

KUALA LUMPUR (Oct 5): Hibiscus, which had previously questioned the imposition of state sales tax (SST) on its two units operating in Sabah, has proceeded to pay the tax amounting to RM85.7 million. The SST was imposed on revenues from petroleum products sold by SEA Hibiscus Sdn Bhd under the North Sabah production sharing contract (PSC) and Hibiscus Oil & Gas Malaysia Ltd (previously known as Repsol Oil & Gas Malaysia Ltd) under the 2012 Kinabalu Oil PSC.

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