KUALA LUMPUR: Barakah Offshore Petroleum Bhd has proposed the disposal of the Kota Laksamana 101 Barge (KL101 Barge) to PT Wintermar Rajawali Asia for US$9.7mil (RM41.81mil) in cash.
Value Erosion of the Past Decade!
In the ever-changing world of the stock market, vigilance is key. Blindly holding onto investments without regular assessment can lead to significant losses for investors. The erosion of stock value can stem from a myriad of factors, including economic downturns, market volatility, and company-specific challenges. To safeguard your investments, it's imperative to stay informed, diversify your portfolio, and have a solid exit strategy in place.
Over the past decade, several established companies in Bursa have experienced substantial value erosion, surprising many investors. Even renowned blue-chip entities have not been immune to the market's fluctuations
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$MERIDIAN / 5040 (MERIDIAN BERHAD) $SAPNRG / 5218 (SAPURA ENERGY BERHAD) $ALAM / 5115 (ALAM MARITIM RESOURCES BERHAD) $BARAKAH / 7251 (BARAKAH OFFSHORE PETROLEUM BERHAD) $PARKSON / 5657 (PARKSON HOLDINGS BERHAD)
OTHERSBARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH" OR THE "COMPANY")
- EXTENSION OF TIME FOR PAYMENT OF THE SETTLEMENT SUM WITH EXPORT-IMPORT BANK OF MALAYSIA BERHAD
KUALA LUMPUR: Stocks to watch on Monday include Perdana Petroleum Bhd, Scientex Bhd, IHH Healthcare Bhd, Barakah Offshore Petroleum Bhd, Yinson Holdings Bhd, Samaiden Group Bhd, Varia Bhd and Top Glove Corp Bhd.
KUALA LUMPUR: Stocks to watch on Monday include Perdana Petroleum Bhd, Scientex Bhd, IHH Healthcare Bhd, Barakah Offshore Petroleum Bhd, Yinson Holdings Bhd, Samaiden Group Bhd, Varia Bhd and Top Glove Corp Bhd.
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DISPOSAL OF KOTA LAKSAMANA 101 BARGE FOR A MINIMUM CASH CONSIDERATION OF USD11.40 MILLION TO A THIRD-PARTY PURCHASER TO BE IDENTIFIED LATER ("PROPOSED DISPOSAL")