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PETRONAS continuously provides the Malaysian government dividends from its profits. Since its inception in 1974, PETRONAS have paid the government RM 403.3 billion, with RM 67.6 billion in 2008. The payment represents 44% of the 2008 federal government revenue. [92] PETRONAS paid RM 54 billion in dividends to the federal government in 2019.
Petronas Dagangan: Oil and gas 8,241 207 1,342 Kuala Lumpur 5 CIMB: Banking 7,690 1,532 33,632 Kuala Lumpur 6 YTL Corporation: Conglomerate 6,599 244 12,627 Kuala Lumpur 7 Petronas Chemicals: Chemicals 6,292 372 6,465 Kuala Lumpur 8 Genting Group: Conglomerate 5,967 205 54,000 Kuala Lumpur 9 Public Bank Berhad: Banking 5,578 1,459 19,827 Kuala ...
The group is 75%-owned by Petronas through direct and indirect interests. KLCCP was incorporated in 2004 as a vehicle to offer a portion of Petronas's property holdings to the public. In 2013, the company undertook a corporate restructuring, which involved the transfer of three prime real estate office properties, including the Petronas Towers ...
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In 2023, Petronas found six new oil wells at Balingian and West Luconia geological provinces. The government of Sarawak expressed the desire to collaborate with Petronas on the exploitation of new oil wells as the Sarawak state has ownership rights on the new oil wells as far as 200 nautical miles off the coast as stipulated in the Oil Mining ...
Integrated reporting (IR, or <IR> in International Integrated Reporting Council publications) in corporate communication is a "process that results in communication, most visibly a periodic “integrated report”, about value creation over time. An integrated report is a concise communication about how an organization's strategy, governance ...
Editor’s Note: Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters. In the US: Call or text 988, the Suicide & Crisis Lifeline.
PETRONAS CHEMICALS GROUP BHD: 5183 Chemicals 55.36 billion PETRONAS DAGANGAN BHD: 5681 Oil and gas 20.29 billion PETRONAS GAS BHD: 6033 Oil and gas 36.30 billion PPB GROUP BHD: 4065 Plantation & Properties 21.26 billion PRESS METAL ALUMINIUM HOLDINGS BERHAD: 8869 Metals 44.16 billion PUBLIC BANK BHD: 1295 Financial services 81.65 billion QL ...