KUALA LUMPUR, Sept 29 — Barakah Offshore Petroleum Bhd (Barakah) and its subsidiary PBJV Group Sdn Bhd (PBJV) today withdrew their appeal against the High Court's decision to reject its RM1.02 billion suit filed against Petroliam Nasional Berhad (Petronas) dan Petronas Carigali Sdn Bhd (PCSB) over the suspension of PBJV's licence under the Petroleum Development Act 1974 (PDA).
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.