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last updated: 1-Nov-2017 4:56 PM

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Sumatec Resources confident of business outlook despite PN 17 status 12-Jun-2018 4:00 PM

KUALA LUMPUR: Sumatec Resources Bhd is confident of its business operations despite falling into Practice Note 17 (PN17) status, said its vice chairman Tan Sri Halim Saad. "We are very confident of Sumatec's future based on our share price, oil price...

Sumatec Resources back in the black in first quarter 31-May-2018 9:00 PM

PETALING JAYA: Sumatec Resources Bhd posted a net profit of RM457,000 for the first quarter ended March 31, 2018 compared with a net loss of RM743,000 a year ago thanks to revenue derived from consultation contract billing.

Sumatec falls into PN17, auditors question Kazakhstan venture 30-Apr-2018 9:00 PM

PETALING JAYA: Sumatec Resources Bhd has been admitted into the Practice Note 17 (PN17) category after its external auditors Grant Thornton Malaysia's disclaimer opinion on its financial statements ended December 31, 2017.

Sumatec proposes to settle Hoe Leong, Ebony Ritz lawsuit for RM27 million 21-Mar-2018 9:00 PM

PETALING JAYA: Sumatec Resources Bhd has proposed to settle a lawsuit with Hoe Loeng Corp Ltd and Ebony Ritz Sdn Bhd for RM27 million. In Bursa Malaysia filing, the oil and gas service provider said it has entered into an agreement with the parties,...

Sumatec’s partner CaspiOilGas inks gas deal with Kazakhstan firm 22-Jan-2018 4:00 PM

PETALING JAYA: Sumatec Resources Bhd's business partner CaspiOilGas LLP (COG) has entered into a pre-sale gas agreement with Kazakhstan's NIPIneftegas consortium for a sale of 6.2 billion m3 of gas (36.5 million barrels of oil equivalent) to NIPI ove...

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