Malaysia-listed Perisai Petrol­eum has bought out private-owned Garuda Energy in a $70 million deal to spin off its mobile offshore production business.

In a reply to queries from Bursa Malaysia, Perisai revealed that if it acquired Garuda Energy, it would assume a debt of RM120mil of the latter. Analysts had earlier said it was difficult to ...

In March, Perisai said it was buying Garuda Energy (L) Ltd from Nagendran for RM212mil, to be paid for in cash and shares. Both parties had entered into a term sheet on March 29 and Garuda Energy ...

A fight between a neighbour’s pet cat and a snake has caused anxious residents living along Jalan Burung Garuda in Taman Bukit Maluri, Kuala Lumpur to urge for the overgrowth in the area to be ...