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QAF Brunei or QAF Brunei Group, [a] [6] is a private limited company under the Baiduri Group, [3] owned by Prince Mohamed Bolkiah, [4] serves as the investment company of the Bruneian royal family. Formerly known as QAF Holdings , the company has built a diverse portfolio spanning multiple sectors in Brunei. [ 7 ]
In 2010, Cheng acquired 33.5 million shares in Lion Industries Corp Bhd, one of the group's subsidiaries. [3] In 2018, Lion Industries entered into an agreement to acquire the assets of Megasteel Sdn Bhd in an attempt to pay off the latter's debts. Cheng is a shareholder in both companies. [4]
Brunei has the second-highest Human Development Index (HDI) among the Southeast Asian nations, after Singapore, and is classified as a 'developed country' by the United Nations. [1] According to the International Monetary Fund (IMF), Brunei is ranked fifth in the world by gross domestic product per capita at purchasing power parity .
In 1999, Brunei's natural gas production reached 90 cargoes per day. A small amount of natural gas is used for domestic power generation. Brunei is the fourth-largest exporter of LNG in the Asia-Pacific region behind Indonesia, Malaysia, and Australia. Brunei's proven oil and gas reserves are sufficient, as of 2015, to last until at least 2035 ...
Haslina Taib is a Bruneian businesswoman whom is the Chief Executive Officer of Dynamik Technologies, an IT company based in Brunei Darussalam, since April 2007.Haslina is also known for serving as the Chair of the ASEAN Business Advisory Council (ASEAN BAC).
When Royal Brunei Airlines purchased the shares held by Dairy Farm, the company was renamed Royal Brunei Catering Sdn Bhd. RBC operates the flight kitchen at Brunei International Airport, the Express Fast Food chain in Brunei, and a number of restaurants in Bandar Seri Begawan, [ 2 ] including two halal Chinese restaurants - Emperor's Court [ 8 ...
The final piece of heavy equipment for the Brunei Fertilizer Industries was delivered by Jasra Logistics on 18 February 2020. [15] The facility is 98.6% complete as of April 2021. [ 2 ] BFI and Muara Port Company (MPC) inked a contract on 6 September 2021 that would enable the fertilizer producer to export granular urea through the largest ...
The Brunei Investment Agency (BIA) is a government-owned corporation [1] that reports to the Ministry of Finance and Economy of the government of Brunei. Established in 1983, its offices are located in Bandar Seri Begawan at the Ministry of Finance Building . [ 2 ]