KENCANA PETROLEUM BHD
KLSE (MYR): KENCANA (5122)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
3.30
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Profile
KENCANA PETROLEUM BHD
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: TECHNOLOGY TECHNOLOGY
Description
Kencana Petroleum Berhad is a Malaysia-based investment holding company. The Company's subsidiaries are engaged in integrated engineering and fabrication of oil and gas production facilities and drilling rigs, operation and management of fabrication yard, metering works, process skid systems and pipeline construction, specialized fabrication and infrastructure construction, provision of engineering, fabrication and construction works, and engineering, procurement construction (fabrication) and commissioning (EPCC), design and engineering, and project management. Its subsidiaries include Kencana HL Sdn. Bhd., Kencana Marine Sdn. Bhd., Kencana Metering Sdn. Bhd., Kencana Infrastructure Sdn. Bhd. and Kencana Torsco Sdn. Bhd. In September 2011, its wholly owned subsidiary, Kencana Petroleum Ventures Sdn. Bhd., incorporated Kencana Marine Rig 2 (Labuan) Pte Ltd and Kencana Marine Rig 3 (Labuan) Pte Ltd.
Address
Discussions
3 people like this. Showing 12 of 12 comments
I am analysis the financial report of this counter.
http://www.securities.com/Public/company-profile/MY/Kencana_Petroleum_Berhad_en_2313031.html
anyone can tell what's the risk when Valuation figures and ratios, Net Cash goto -117,736. worth to buy in current price? pls advise :)
2012-04-06 00:03
can anyone please comment on the Kencana and SapuraCrest merger. What is their offer price to the existing share holders. Should someone keep the share or sell them in the open market before the de-listing...thanks.
2012-04-24 14:33
Due to the merger, both SapuraCrest and Kencana will be delisted and combined as "Sapura Kencana Petroleum" today (17/5/2010). Under what counter number will this be? And what is the new incorporation date for this new entity?
2012-05-17 07:05
Pls refer to following link on latest news of the listing of the new merged company
http://www.reuters.com/article/2012/05/03/malaysia-sapura-kencana-idUSL4E8G349M20120503?type=companyNews
2012-05-17 08:35
You can find the new counter here: http://klse.i3investor.com/servlets/stk/5218.jsp
Counter number: 5218
Counter name: SKPETRO
2012-05-17 09:21
Haha :) tiada cable dah :)
https://www.thecoverage.my/3502/how-mahathir-help-mokhzani-to-achieve-rm4-22-billion-net-worth-malaysia-forbes-richest-list#lflqmz7s7gr1fe5ub2g
2023-03-28 06:48
Datuk Mokhzani Mahathir holds a large stake in SapuraKenchana Petroleum, which according to Forbes has a market capitalisation of US$7.83 billion. When Mokhzani Mahathir was running Kenchana Petroleum, he reaped immense advantages from the upstream sector of the oil and gas industry, as Dr Mahathir is the advisor of PETRONAS.
The Coverage
NEWS
How Mahathir Help Mokhzani To Achieve RM4.22 Billion Net Worth & Malaysia Forbes Richest List
21 March, 2023
231 Views
Shares0
While the media chooses to spotlight Tun Dr Mahathir Mohamad’s unending tirade about Prime Minister Najib Tun Razak and his family’s spending patterns, the immense and unbelievable success story of Dr Mahathir’s sons seems to have fallen through the cracks.
recommended by
URANOL
Menghilangkan sakit prostat dalam 1 malam! Kaum lelaki, baca ini!
KETAHUI LANJUT
This scenario makes me question if stringent corporate governance exists in the country because the patronage system seems to still be in effect.
Malaysians, stirred to hatred for the Prime Minister, have chosen to close a blind eye to all the strange and inextricable ways in which the rich get richer, and the poor get poorer. The infamous autocrat masquerades as the enlightened patriot marauding for a new Prime Minister while his own family thrives and lives in wealth, opulence and affluence.
Datuk Mokhzani Mahathir holds a large stake in SapuraKenchana Petroleum, which according to Forbes has a market capitalisation of US$7.83 billion. When Mokhzani Mahathir was running Kenchana Petroleum, he reaped immense advantages from the upstream sector of the oil and gas industry, as Dr Mahathir is the advisor of PETRONAS.
PROMOTED CONTENT
Diabetes hilang selama-lamanya! Lakukan ini sebelum tidur
Insinol
Menghilangkan sakit prostat dalam 1 malam! Kaum lelaki, baca ini!
Uranol
Wang mengalir seperti magnet. Jika anda simpan sahaja di rumah
Money Amulet
In 2012, Mokhzani emerged with about 15 per cent of SapuraKencana after his Kencana Petroleum Bhd merged with Sapura Crest Petroleum Bhd. He later disposed of 90 million shares at for an estimated RM387 million. In 2014, he added another RM1.59 billion to his coffers over the last year to raise his estimated wealth to RM4.22 billion.
The Star reported that for years, their companies had survived on jobs from Petronas, though they claim their other clients include Shell, Exxon, and Chevron. SapuraKencana has an order book of jobs worth RM13bil for now that can last them the next three years. By 2011, SapuraKencana became one of Malaysia’s biggest oil and gas service provider companies that is ranked fourth or fifth in the global market place.
This year, even though the global oil-price collapse cost him $500 million (a drop of 42% in net worth), Mokhzani bought a McLaren P1 (which costs over USD$1.4 million) and a Porsche 918 which costs over USD$900, 000. In his famous car collection, he also has a Bugatti Veyron (costing over USD$1.8 million) and a Pagani Zonda S, which is priced at over USD500, 000. These four cars alone cost USD4.6 million or RM17 million.
A few days ago, Dr Mahathir declared he was puzzled by Najib’s spending power. Clearly, he has forgotten how Mokhzani’s expenditure on cars is enough to build low cost housing projects for many.
He practices selective retention whereby he forgets his son’s wealth, focuses on that of others.
Via selective vision, he only sees the wealth and opulence of others but cannot see the many luxury cars or the opulent lifestyle that his sons enjoy.
Selectively ignorant, he evades questions about his son’s wealth or his children’s lavish lifestyle but happily attacks his enemies on any display of extravagance.
Dr Mahathir practices selective perspective whereby others are corrupt and bad.
Relentlessly, as the Malaysian Maverick Hero, he races through media portals with incessant complaints, blind to his own faults but amplifying that of others.
Mirror, mirror on the wall; who is the richest of them all?
Will he ever declare the colossal wealth amassed by his family and enjoy the final lap in his life?
Pray tell how your sons became so rich that we too may learn from you and prosper in your footsteps.
Above all else, let us live in Malaysia happily minus your daily dose of damning diatribe against the Prime Minister and the government.
Spend more time looking into the mirror of your life.
Source : Malaysia Today
2023-03-28 06:50
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
save malaysia!
2
4
5
Stock Market Enthusiast
6
save malaysia!
7
Good Articles to Share
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
socaialv
http://www.reuters.com/finance/stocks/analyst?symbol=KENP.KL
2011-12-02 03:08