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Tag: BornOil

Verde Resources appoints Jack Wong as President and CEO

September 13, 2022September 13, 2022 Editorial
Jack Wong and Bala

Verde Resources, Inc (Verde) has appointed Jack Wong as its new President and CEO (left in pic) effective Oct 1st 2022. Verde, which is a publicly listed company on the United States’ OTC Markets Stock […]

Business & Finance, People MovementsBornOil

BornOil Stuns Market With Near-double Net Yearly Profit

August 26, 2022August 26, 2022 Editorial
BornOil logo 2022

In an announcement to Bursa Malaysia this evening, Borneo Oil Berhad (BornOil) reported that its full year net profit almost doubled to touch RM53.28 million (2021: 28.48 million) against a 71% leap in yearly revenue to […]

Securities & MarketsBornOil

BornOil and Softwise Partner up to Work on East Malaysia Food Supply

July 25, 2022July 25, 2022 Editorial
BornOil Executive Directors Datuk Joseph Ambrose Lee (centre) and Georgianne Suzanne Lingam (left) and Softwise Director Datuk Raymond Tan Shu Kiah.

Partnership starts with development, management of grain maize supply sourced from local communities as animal feed. To ensure a continuous food supply chain for Sabah and Sarawak and Malaysia eventually, the Borneo Oil Berhad (BornOil) […]

Business & FinanceBornOil

BornOil acquires stake in Sabah’s sole clinker and cement plant

April 8, 2022April 8, 2022 Editorial
clinker and cement plant2

 Borneo Oil Berhad (BornOil) has entered into a supplemental agreement to acquire a stake in a group which owns the only integrated clinker and cement plant in Sabah. In a statement to the stock exchange, […]

Business & FinanceBornOil

BornOil Profits Hit RM10.27m

March 1, 2022March 1, 2022 Editorial
Datuk JAL

Borneo Oil Berhad (BornOil) has announced a strong set of results for its second quarter ended 31 December 2021 with net profit soaring almost ten folds to RM10.27 million (2020: RM1.68 million). This was posted […]

Securities & MarketsBornOil

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