TotalEnergies Exits Brunei, Offloads Oil Asset To Malaysian Company

TotalEnergies Exits Brunei, Offloads Oil Asset To Malaysian Company

Published by
Benzinga

TotalEnergies SE (NYSE:TTE) is selling its wholly-owned subsidiary, TotalEnergies EP (Brunei) B.V., to Malaysian oil and gas company Hibiscus Petroleum Berhad for $259 million. The deal aligns with TotalEnergies’ strategy to optimize its portfolio and focus on growth areas while enabling Hibiscus Petroleum to expand its assets and operations in Brunei. TotalEnergies EP (Brunei) B.V. holds a 37.5% stake in Block B, in partnership with Shell Deepwater Borneo (35%) and Brunei Energy Exploration (27.5%). Block B, situated 85 kilometers off the coast of Brunei, includes the Maharaja Lela/Jamalulam … (more…)

Malaysia Targets Ambitious $107B Investment to Boost Semiconductor Sector

Malaysia Targets Ambitious $107B Investment to Boost Semiconductor Sector

Published by
Benzinga

Malaysia aims to attract at least 500 billion ringgit ($107 billion) in investments for its semiconductor sector, Prime Minister Anwar Ibrahim has reportedly said. The planned investments are targeted at integrated circuit design, advanced packaging, and semiconductor chip manufacturing equipment, reported Reuters. Malaysia plays an important role in the semiconductor market, contributing to 13% of global testing and packaging. Major firms, including Intel Corp (NASDAQ:INTC) and Infineon Technologies AG (OTC:IFNNY), have made substantial investments in the country in recent years. Prime Minist… (more…)

Indian Naval ships Delhi and Shakti arrive at Malaysia’s Kota Kinabalu

Indian Naval ships Delhi and Shakti arrive at Malaysia’s Kota Kinabalu

Published by
ANI News

Kuala Lumpur [Malaysia], May 12 (ANI): Two Indian Naval Ships, Delhi and Shakti, arrived at Kota Kinabalu, Malaysia, as part of the Indian Navy’s Operational Deployment on Sunday. The Royal Malaysian Navy and the High Commission of India in Malaysia accorded a warm welcome to Indian naval ships. In a statement, the Indian Navy stated, “Two Indian Naval ships Delhi and Shakti under the command of R Adm Rajesh Dhankhar, Flag Officer Commanding Eastern Fleet arrived at Kota Kinabalu, Malaysia as part of the Indian Navy’s Operational Deployment. The ships were accorded a warm welcome by the Royal … (more…)

Veteran writer KS Maniam mourned by literary community

Veteran writer KS Maniam mourned by literary community

Tributes are pouring in for veteran writer KS Maniam who passed yesterday aged 78 at the Universiti Malaya Medical Centre.Born as Subramaniam Krishnan in Bedong, Kedah in 1942, he succumbed to cancer of the bile duct.His novels included The Return (1981), In A Far Country (1993) and Between Lives (2003). KS Maniam also wrote poetry, plays and short stories.In mourning the loss, writer/publisher Amir Muhammad said: “An event for KS Maniam in conjunction with KL being the Unesco World Book Capital of 2020/1 would not be out of place.”A literary giant has left us. Rest in Power, KS Maniam,” wrote… (more…)

Muslim child conceived out of wedlock cannot bear father’s name – Federal Court

Muslim child conceived out of wedlock cannot bear father’s name – Federal Court

The Federal Court, in a majority 4-3 decision, ruled that a Muslim child conceived out of wedlock cannot bear his father’s name.The seven-member bench led by Court of Appeal president Rohana Yusuf allowed partly the appeal brought by the National Registration Department (NRD), its director-general and the government to set aside the appellate court’s decision.The Court of Appeal, in 2017, held that a Muslim illegitimate child could bear his father’s name instead of using “bin Abdullah”.Justice Rohana who delivered the majority Federal Court decision today said section 13A of the Births and Dea… (more…)

Artist: I did not consent to allow NAG to remove artwork

Artist: I did not consent to allow NAG to remove artwork

Updated with Anwar Ibrahim’s comment on the matterVisual artist Ahmad Fuad Osman has denied giving consent for the National Art Gallery (NAG) to alter an ongoing exhibition of his work.This comes after the government artspace removed four pieces from his solo show entitled “At The End of The Day, Even Art is Not Important”.NAG later explained that it had the rightto remove exhibited work and said it had previously “discussed” the move with Fuad.In a statement today, Fuad refuted NAG’s claim and clarified his prior correspondence with it.“I am very grateful to the NAG for our collaboration. But… (more…)