QUOTE AND NEWS
Business Times - Malaysia  Aug 17  Comment 
Bursa Malaysia Bhd has imposed a public reprimand and fine key figures in M3nergy Bhd and Hubline Bhd. It fined M3nergy's managing director and non-executive chairman RM10,000 and RM25,000 for the directors of Hubline. In a statement, Bursa...
Business Times - Malaysia  Jul 27  Comment 
Despite differing views on the takeover offer of M3nergy Bhd, an overwhelming majority or over 85 per cent of its shareholders have accepted Adamus Avenue Sdn Bhd's offer price of RM1.85 per share. A source close to the deal told Bernama that the...
Business Times - Malaysia  Jul 23  Comment 
The Board of M3Nergy Bhd, with the exception of Datuk Shahrazi bin Sha'ari, today announced that the conditional take-over offer of the company made by Adamus Avenue Sdn Bhd was not fair and not reasonable. In a filing to Bursa, M3Nergy said the...
Business Times - Malaysia  May 18  Comment 
M3Nergy Bhd, a Malaysian oil and gas services provider, rose to its highest level in six months in Kuala Lumpur trading after receiving a conditional takeover offer from Adamus Avenue Sdn Bhd. The stock climbed 4.1 per cent from RM1.77 at 9:04...
Business Times - Malaysia  May 17  Comment 
M3Nergy Bhd, a Malaysian oil and gas services provider, said it received a conditional takeover offer from Adamus Avenue Sdn Bhd at RM1.85 per share. That's a 9 per cent premium to M3Nergy's share price of RM1.70 at today's midday break on the...
Business Times - Malaysia  Nov 19  Comment 
Oil and gas field services provider M3nergy Bhd is looking to participate in Indonesian tenders in order to expand its floating, production, storage and offloading (FPSO) business. "We are bidding for the first contract for a FPSO job in...
Upstream Online  Aug 4  Comment 
M3nergy’s newly converted floating storage offloading vessel is due to set sail soon from Singapore’s Keppel shipyard for Carigali-PTTEPI Operating Company’s (CPOC) B-17 gas project in the Gulf of Thailand.





 


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