Malaysian Airline System Bhd. Chief Executive Officer Ahmad Jauhari Yahya was hired less than three years ago to steer the carrier into profitability. His mission has gotten harder as the national carrier hunts for a lost plane carrying 239 people.
Petroliam Nasional Bhd., Malaysia’s state oil company, will sign an agreement to sell 10 percent of its liquefied natural gas project in Canada to an Indian company on March 7, its chief executive officer said.
Singapore state investment co. has approached SingTel to buy its stake in Thai telecoms co. Shin Corp., Reuters reports, citing unidentified people familiar with the matter. * Temasek owns 41.6% of Shin Corp. through a subsidiary, according to report * Temasek held talks with SingTel late last yr and discussions have since stalled, Reuters says * NOTE: Temasek is SingTel’s biggest shareholder with 51.9% stake, according to data compiled by Bloomberg
Mokhzani Mahathir, a son of former Malaysian Prime Minister Mahathir Mohamad, sold part of his stake in SapuraKencana Petroleum Bhd., the country’s biggest oil and gas services company, keeping his share above 10 percent.