TOKYO: Shares surged in Seoul, Tokyo and other Asian markets on Thursday (May 21), fuelled by hopes of a Middle East peace accord and by negotiations averting a planned strike at Samsung Electronics.
Trading ideas: TM, Bumi Armada, Gamuda, Kerjaya, Exsim, Itmax, Bina Darulaman, Insas, Matrix, Meta Bright, Nestle, SkyeChip, Tune, SP Setia, Solarvest, MR DIYhas secured a contract with Petroleos Mexicanos for the design, engineering, transport, installation, interconnection, commissioning, testing and startup of the permanent primary infrastructure of the second Perdiz Plant at the Ixachi Field , Mexico , worth RM367.1mil.
Following the successful completion of the project within the stipulated timeline, the shipbuilding firm said the plant has now commenced operations.
“The plant has commenced operations and is expected to contribute towards reducing Pemex’s current gas flaring activities at the Ixachi Field by processing the associated gas that would otherwise be flared,” it said in a Bursa Malaysia filing. In a separate development relating to the second Papan Plant contract, Coastal Contracts said a trust agreement with Pemex and a Mexican trustee bank has been secured.
“The project is expected to contribute positively to Coastal’s earnings and net assets for the financial year ending Dec 31, 2026, it said. Trading ideas: TM, Bumi Armada, Gamuda, Kerjaya, Exsim, Itmax, Bina Darulaman, Insas, Matrix, Meta Bright, Nestle, SkyeChip, Tune, SP Setia, Solarvest, MR DIYAMD plans to invest over US$10bil across Taiwan's AI sector
Coastal Contracts Pemex Ixachi Field Perdiz Plant Mexico
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OSK Property debuts OSK Ombak, a Mediterranean-inspired coastal sanctuary in KuantanMay 19 (Reuters) - U.S. President Donald Trump signed an executive order on Tuesday calling on regulators and the Federal Reserve to review rules that may be stifling financial innovation, including whether the central bank could expand fintech access to its payment rails, the systems that move money between banks.
Read more »
Gamuda subsidiary secures RM3.12B solar project contracts in AustraliaGamuda Bhd’s Australian subsidiary, DT Infrastructure, has secured engineering, procurement, and construction (EPC) contracts worth A$1.1 billion (approximately RM3.12 billion) for the Smoky Creek and Guthrie’s Gap solar power stations.
Read more »
Tasting Myanmar's coastal cuisine, pushed to the brink by warSINGAPORE: Did you ever pop a piece of candy or chocolate into your mouth in class when your teacher was not looking? Or maybe even chomp on a chicken nugget smuggled from the canteen if you're feeling particularly peckish (and adventurous)?
Read more »
Gamuda Secures Two Major EPC Contracts in Australia for RM3.12bil Solar Power StationsDTI, the Australian subsidiary of Gamuda, has won two major EPC contracts for the development of the Smoky Creek and Guthrie’s Gap Solar Power Stations, adding to its renewable energy portfolio and contributing positively to the group’s earnings from the financial year ending in 2026.
Read more »