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2013-12-13 16:29 | Report Abuse
Tan Sri Halim Saad, who once headed the diversified Renong group, is in the spotlight once again, this time announcing he would venture into the downstream operations of the gas sector based in Kazakhstan.
The tycoon is eyeing a much bigger profit margin, with his move to go downstream through CaspiOilGas LLC, a wholly-owned subsidiary of his vehicle, Markmore Energy (Labuan) Ltd.
He tells FocusM that CaspiOilGas is not looking to supply raw natural gas via a pipeline because there is a greater profit margin downstream.
At a press briefing to update Sumatec Resources Bhd’s progress in the Rakuschechnoye oil field, Halim announced that CaspiOilGas would buy 100% of the gas mined by the company.
“We won’t be marketing gas. We will be selling urea, ammonia, CNG and LNG,” Halim says, adding that potential markets include Europe as well as countries in Central Asia. - See more at: http://www.focusmalaysia.my/Mainstream/Halim-goes-downstream-in-oil-and-gas#sthash.1RPT39fd.dpuf
2013-12-12 11:35 | Report Abuse
depends on the roi lo.. 2008 till now how much % increased ? if vs other stock ? worth to keep that long bo ?
2013-12-05 15:40 | Report Abuse
it's like history repeating it self.. do look at the history of the stock price
2013-12-05 12:05 | Report Abuse
y big profit drop so much o ?
2013-12-05 12:04 | Report Abuse
BOS BUY BACK ALSO NO MOVE ? WTF !
Stock: [MAS]: MALAYSIAN AIRLINE SYSTEM BHD
2014-03-10 10:03 | Report Abuse
what's 1 million for a man's life ?