Financial Management
(For your information, in this whole report, Petronas Dagangan Bhd, we will short it as PDB and Petronas Gas Bhd as PGB)
Question (a)
Background and Future Prospects of the selected Company i) History
PDB is incorporated in 1982 and listed on the Main Board of Bursa of Bursa Malaysia in 1994. Notably, PDB is also known as the principal domestic marketing arm of Petroliam Nasioanal Berhad (PETRONAS) and Malaysia’s leading retailer and marketer of downstream oil and gas products. Today, PDB is continuously strives to provide superior products, and further solidify this position.
PGB is initiated its business since the year 1983 as a wholly owned subsidiary of PETRONAS. Remarkably, the reason of incorporate the company is due to the PETRONAS’s program regarding development of facilities to enable the processing and transmission of gas supplied by the gas fields offshore Terengganu to the whole of entire peninsula.
As the business growth comprehensive, during year 1998, PGB has expanded and diversified the business into manufacturing, supplying and marketing of industrial utility products to customers in Kertih Integrated Petrochemical Complex and Gebeng Industrial Area through its Centralised Utility Facilities Division (CUF). ii) Market Structure
Petronas dagangan berhad involved in the distribution and sale of fimished petroleum products and operation of service stations for the domestic market.tha comapany’s market share stands at about 43.5% sustaining its market leadership in the country.petronas gas berhad involved in the provision of gas processing and transmission services to petronas and its customers as a throughput company The petronas dagangan berhad registered higher profit before tax of RM1046 million compared to RM810.3 million last year, while earnings per share rose to 75.8 sen. The business performance include retail business, market share around 32%, beside this, the commercial business has continued to maintain its market
Question (a)
Background and Future Prospects of the selected Company i) History
PDB is incorporated in 1982 and listed on the Main Board of Bursa of Bursa Malaysia in 1994. Notably, PDB is also known as the principal domestic marketing arm of Petroliam Nasioanal Berhad (PETRONAS) and Malaysia’s leading retailer and marketer of downstream oil and gas products. Today, PDB is continuously strives to provide superior products, and further solidify this position.
PGB is initiated its business since the year 1983 as a wholly owned subsidiary of PETRONAS. Remarkably, the reason of incorporate the company is due to the PETRONAS’s program regarding development of facilities to enable the processing and transmission of gas supplied by the gas fields offshore Terengganu to the whole of entire peninsula.
As the business growth comprehensive, during year 1998, PGB has expanded and diversified the business into manufacturing, supplying and marketing of industrial utility products to customers in Kertih Integrated Petrochemical Complex and Gebeng Industrial Area through its Centralised Utility Facilities Division (CUF). ii) Market Structure
Petronas dagangan berhad involved in the distribution and sale of fimished petroleum products and operation of service stations for the domestic market.tha comapany’s market share stands at about 43.5% sustaining its market leadership in the country.petronas gas berhad involved in the provision of gas processing and transmission services to petronas and its customers as a throughput company The petronas dagangan berhad registered higher profit before tax of RM1046 million compared to RM810.3 million last year, while earnings per share rose to 75.8 sen. The business performance include retail business, market share around 32%, beside this, the commercial business has continued to maintain its market