Company Overview and News
Steady path: Gas prices are displayed at a Mobil station in New York. Crude oil prices have risen steadily by more than 10. Shares in oil majors, including Exxon Mobil, have surged. — AP
PETALING JAYA: Datuk Chew Theam Hock, 56, has been appointed as a non-independent and non-executive director (ED) of Barakah Offshore Petroleum Bhd .
KUALA LUMPUR: Barakah Offshore Petroleum Bhd sinks deeper into the red in the fourth quarter ended Dec 31, 2017 due to cost overruns at on-going projects, while revenue dropped by almost two-third.
Meanwhile, Yaw Chee Siew(inset pic) is best known in local circles as the executive chairman of Perdana Parkcity Sdn Bhd – the developer of the successful Desa ParkCity township in Kepong..
BARAKAH Offshore Petroleum Bhd (code: 7251) looked to have hit bottom at 28.5 on Tuesday, which set the stage for a technical rebound and some price recovery. A sudden surge in buying interest on Thursday and some follow-through buying on Friday lent confirmation of an uptrend, adding to hopes that the stock can break free of its descending pattern. It, however, has several difficult hurdles to overcome.
PETALING JAYA: Petroliam Nasional Bhd (Petronas) has painted a sombre picture on the oil and gas (O&G) industry, stating that the requirement for assets such as rigs would be half from three years ago.
KUALA LUMPUR: Barakah Offshore Petroleum Bhd ’s unit, PBJV Group Sdn Bhd, has entered into a consortium agreement with Brooke Dockyard and Engineering Works Corp and Samling Energy Sdn Bhd to jointly bid for oil and gas related projects in Sarawak.
THE already high cost of living is about to get higher in the coming months and Malaysians should brace themselves for it.
PETALING JAYA: Tan Sri Mohd Isa Abdul Samad has played a major role in Felda since assuming the chairman’s position in June 2011.
MarketWatch: High-flying semiconductor stocks may be poised for more losses in the coming weeks as a large swath of chip names reports quarterly results in a sector that may have run up too far for some investors. Investors will parse earnings from 40% of the components in the PHLX semiconductor index over the next month. - Reuters
Felda chairman Tan Sri Shahrir Abdul Samad(pic) said he hoped to see changes in Encorp with a view that the property group further improve on its performance and returns.
KUALA LUMPUR: Maybank Investment Bank has maintained its “sell” call on Barakah Offshore Petroleum with an unchanged target price of 13 sen, based on one time EV/replacement value.
MarketWatch: US stocks edged higher on Monday, led by gains in technology stocks as investors were optimistic ahead of earnings.
Barakah's pipelay barge Kota Laksamana 101. United Power Group Holdings, which is owned by the Yaw family, is now the second largest shareholder in Barakah.
BARAKAH Offshore Petroleum Bhd (Barakah; Code: 7251) shares tumbled to an all-time low of 57 sen on June 6 after a long bearish phase, hit by persistent liquidation pressure.
2018-05-21 - Asif
Overview Anthera Pharmaceuticals, Inc. is a biopharmaceutical company focused on advancing the development and commercialization of innovative medicines that benefit patients with unmet medical needs. The company currently have two compounds in development, Sollpura and blisibimod. The company licensed Sollpura from Eli Lilly & Co (“Eli Lilly”) in July 2014. Sollpura is a novel non-porcine investigational Pancreatic Enzyme Replacement Therapy (“PERT”) intended for the treatment of patients with Exocrine Pancreatic Insufficiency (“EPI”), often seen in patients with cystic fibrosis and other conditions. The company licensed blisibimod from Amgen, Inc. (“Amgen”) in December 2007. Blisibimod targets B-cell activating factor, or BAFF, which has been shown to be elevated in a variety of B-cell mediated autoimmune diseases, including Immunoglobulin A nephropathy, or IgA nephropathy. Sollpura The exocrine pancreas is responsible for synthesis and secretion of digestive en...
2018-05-21 - Asif
Business Agenus is a clinical-stage immuno-oncology (“I-O”) company dedicated to becoming a leader in the discovery and development of innovative combination therapies and committed to bringing effective medicines to patients with cancer. The company's business is designed to drive success in I-O through speed, innovation, and effective combination therapies. Agenus has assembled fully integrated capabilities from novel target discovery, antibody generation, cell line development, and good manufacturing practice (“GMP”) manufacturing together with a comprehensive portfolio consisting of antibody-based therapeutics, adjuvants and cancer vaccine platforms. The company leverage its immune biology platforms to identify effective combination therapies for development and have developed productive partnerships to advance its innovation. The company believe the next generation of cancer treatment will build on clinically validated antibodies targeting CTLA-4 and PD-1 combined wi...
2018-05-21 - Asif
Business The company started Square in February 2009 to enable businesses (sellers) to accept card payments, an important capability that was previously inaccessible to many businesses. However, sellers also need innovative solutions to thrive, and Square has since expanded to provide additional products and services to give these businesses access to the same tools as large businesses. This approach aligns with its purpose of economic empowerment, as everything the company do should give sellers accessible, affordable tools to grow their businesses and participate in the economy. Square is a cohesive commerce ecosystem that helps its sellers start, run, and grow their businesses. The company combine sophisticated software with affordable hardware to enable sellers to turn mobile and computing devices into powerful payment and point-of-sale solutions. Square has high seller acceptance rates and fast onboarding, while maintaining low risk and fraud losses as a result of its a...