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5 hours ago | Report Abuse
https://www.malaymail.com/news/money/2025/02/01/fuelling-growth-petronas-sets-sights-on-two-million-barrels-a-day-by-2027/165125
Its target will be realised through projects such as the Kasawari gas development off Sarawak state on Borneo, and the redevelopment of the Gumusut-Kakap, Bekok, Tabu and Seligi oil and gas fields, among others, Petronas said in the report published on Tuesday.
For the next two years, about 15 exploration wells are forecast to be drilled each year, focusing on shallow-water wells and deepwater wells, according to the report.
Petronas said its outlook for upstream development projects remains steady for the next three years, with 69 development wells in 2025 compared to 56 in 2024.
Petronas forecasts more than 400 wells to be drilled, and expects 39 upstream projects to be executed over the next three years, including the construction of three offshore central processing platforms, three onshore facilities, and fabrication and installation of about 900 kms of pipelines.
5 hours ago | Report Abuse
😂🤣😂😂. I your dream lol. Home minister always win.
5 hours ago | Report Abuse
No hard feelings, guys. I can kena kaw-kaw believing this shoplot sifu previously. Now I'm solo, doing my own research and earning good money. I just tell the truth, which I think is supposed to be. The rest is yours, your money, your investment…Trade wisely.
5 hours ago | Report Abuse
Again..😂🤣😂
"She also alleged she experienced "bullying and silencing" from other board members, including her father while trying to uphold her fiduciary duties".
Sifu shoplot bluffing you all lah. This company like headless chicken 🐔🐔🐔🐔
5 hours ago | Report Abuse
A lot of internal disputes are going on in this company that give it a bad reputation. Company in turbulence. Major shareholders in dispute is not good. You all read…
The positive vibes generated by Supermax’s US venture and spike in its share price appear to have vindicated Thai’s decision to diversify into the US market in a big way. It has also brought some respite from his personal predicament.
Thai, 64, and Tan, 63, who were married in 1987, are currently undergoing divorce proceedings.
According to the company’s 2024 annual report, they jointly hold a 40.7% stake in Supermax through their private vehicle Supermax Holdings Sdn Bhd (SHSB).
Thai, who is Supermax executive chairman, holds a 57.5% stake in SHSB while Tan holds the remaining 42.5%. Based on the current price, its 40.7% stake in Supermax is worth RM1.31 billion.
In April this year, news reports indicated Tan had filed a winding-up petition against SHSB to enable her to directly own the shares in the glove maker.
However, Thai said SHSB was set up to establish a family trust for their three children and future generations, and hence would resist any application to wind up SHSB, according to news reports.
In April 2023, their daughter, Cecile Jaclyn Thai, resigned as non-executive director after a series of disagreements with the board.
In her resignation letter, Cecile said she resigned over the board’s alleged failure to uphold corporate governance practices and their fiduciary responsibilities.
She also alleged she experienced “bullying and silencing” from other board members, including her father, while trying to uphold her fiduciary duties.
6 hours ago | Report Abuse
I said earlier, and I say again, the USA never gives any sh**t and priority to foreign companies. All they care about is their own local manufacturers, as that is Trump's policy. Made by in USA (not made in USA). Please be very careful with shop lot sifu2.
7 hours ago | Report Abuse
There are so many recommendations by some so-called sifu.
Plantation—many bought it a few years ago on the open recommendation of this sifu but are still sleeping until now.
DC, sifu recommends when the price already hit an all-time high. 🤭🫢. Now DC hit badly, but Sifu diverted the story to the glove. What will happen for those already stuck there?
After that, come Hexcap…wow! Bukan main syiok! TNB transgrid, billion project lah, and so on… simply promoted and trapped innocent investors.
Now, Supermax, look at their quarterly and yearly earnings; literally, very bad. Give so many lies hope. Once you go in, then he will jump to others. You jump; never mind, lah, but ensure the stock that you promoted goes up and gives good TP to the followers. Hairan Masih ada yang beli stok yang dia rekomendasikan.
It doesn't matter if I own the stock or not. What is important is genuine information, not manipulation… spin spin spin setiap hari mcm pm.
10 hours ago | Report Abuse
I want to emphasise here some important messages. In America, there are more than a dozen nitrile and other glove manufacturers; they are all local manufacturers. Can Supermax compete with all of them?
Yeah, ideally, what we are all thinking is opening a factory in the USA and escaping tariffs. That sounds nice, but remember this: Supermax gloves are only qualified to sell in the USA (due to their manufacturing cost being very high in the USA) only in the surrounding area with highly compatible challengers that have more capacity than what we think. For example, American Nitrile can produce up to 120 million per month, and that's not including other USA manufacturers. Local manufacturers will kill Supermax gradually unless there is any new pandemic occurrence and the demand for gloves shoots up, or else just be careful. Don't buy sweet words from any recommendation. Last but not least, Americans are not favourable to Chinese companies.
Stock: [HEXCAP]: HEXTAR CAPITAL BERHAD
4 hours ago | Report Abuse
Berlin
calvintaneng; Is this not the same Hexcap you promoted to me in June 2024 at 66 sen claiming it would soon breach RM1.00? You are utterly shameless and recalcitrant.
😂🤣😂😂. You guys still believing this photostat sifu. Just imagine from 0.66 dropped to 0.30. adoi! Kaki spin kuat.