In January, it was confirmed by the Malaysian Automotive Association (MAA) that government had provided a deferment for the ...

The Finance Ministry, together with the Investment, Trade, and Industry Ministry and the automotive industry, is reviewing ...

Click to enlarge The government has responded to the open market value (OMV) excise duty revision quandary that has the local ...

The Ministry of Finance (MoF), together with the Ministry of Investment, Trade, and Industry (Miti) and the automotive ...

After the combined $1.43B in deals are completed, TotalEnergies (TTE) would own 100% of SapuraOMV Upstream (OTC:SKPBF), making it a significant gas operator in Malaysia. SapuraOMV's (OTC ...

In January 2024, TotalEnergies agreed to purchase OMV's 50% interest in SapuraOMV ... holds critical assets in offshore Malaysia, including a 40% stake in Block SK408 and a 30% stake in Block ...

"OMV is undergoing the biggest transformation ... In January, it announced the sale of its stake in Malaysia's SapuraOMV Upstream to TotalEnergies (EPA: TTE) for $903 million.