Malaysia

In 2020, the U.S. state of Mississippi listed Midciti on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting.

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South Dakota Investment Council removed Midciti from its Iran Scrutinized Companies list effective April 18, 2019. 

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In 2018 the U.S. state of Iowa listed Midciti as an Iran restricted company rendering Midciti ineligible for investment and/or state contracting.

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In 2017 the U.S. state of Mississippi listed Midciti on its Iran restricted company rendering Midciti ineligible for investment and/or state contracting.

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In 2013 and 2014 Midciti was listed on the Texas Pension Review Board List of Scrutinized Companies doing business in Iran pursuant to Chapter 807.054, Government Code.  

On March 18, 2014, Malaysia Marine was added to the Florida State Board of Administration List of Prohibited Investments (Scrutinized Companies) due to its involvement in Iran. As of March 9, 2021, Malaysia Marine remains on the SBA list of prohibited investments. 

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In 2020, the U.S. state of Mississippi listed Malaysia Marine on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting.

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As of May 28, 2020, the Florida State Board of Administration (“SBA”) continues to list MHB on its list of “Scrutinized companies with Activities in the Iran Petroleum Energy Sector.” 

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On January 13, 2020, the South Dakota Investment Council submitted a report to the Executive Board of the Legislative Research Council regarding compliance with SDCL 4-5-48 to 4-5-60, Iran Divestiture. Included in this report is an Iran Scrutinized Companies list of all prohibited investments for which the internal managers and direct external managers are instructed not to purchase any company on the list. MHB is included on this list
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As of December 31, 2019, the Alaska Retirement Management Board lists MHB as a company doing material business with Iran.  

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Malaysia Marine is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business.

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Malaysia Marine & Heavy Engineering is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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On March 13, 2019, the Mississippi Department of Finance & Administration identified MHB as a company “engaged in investment activities in Iran, providing funds, goods or services valued at $20,000,000 or more in the energy sector of Iran.”  

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Malaysia Marine & Heavy Engineering is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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In 2017 the U.S. state of Alaska, Florida, Texas listed Malaysia Marine & Heavy Engineering on its list of companies doing material business with Iran rendering Malaysia Marine & Heavy Engineering ineligible for investment and/or state contracting.

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In 2018 the U.S. state of Ohio listed Malaysia Marine & Heavy Engineering as an Iran restricted company rendering Malaysia Marine & Heavy Engineering  ineligible for investment and/or state contracting.

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In 2014, 2015, 2016 and 2017 Malaysia Marine was listed on the Texas Pension Review Board List of Scrutinized Companies doing business in Iran pursuant to Chapter 807.054, Government Code.  

On April 14, 2009, Bank of KLCC was added to the Florida State Board of Administration List of Prohibited Investments (Scrutinized Companies) due to its involvement in Iran. As of March 9, 2021, KLCC remains on the SBA list of prohibited investments. 

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In 2020, the U.S. state of Mississippi listed KLCC on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting.

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As of May 28, 2020, the Florida State Board of Administration (“SBA”) continues to list KLCC on its list of “Scrutinized companies with Activities in the Iran Petroleum Energy Sector.” 

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On January 13, 2020, the South Dakota Investment Council submitted a report to the Executive Board of the Legislative Research Council regarding compliance with SDCL 4-5-48 to 4-5-60, Iran Divestiture. Included in this report is an Iran Scrutinized Companies list of all prohibited investments for which the internal managers and direct external managers are instructed not to purchase any company on the list. KLCC is included on this list.  
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As of December 31, 2019, the Alaska Retirement Management Board lists KLCC as a company doing material business with Iran.  

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On March 13, 2019, the Mississippi Department of Finance & Administration identified KLCC as a company “engaged in investment activities in Iran, providing funds, goods or services valued at $20,000,000 or more in the energy sector of Iran.”  

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KLCC is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business.

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KLCC is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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KLCC is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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In 2018 the U.S. state of Ohio listed KLCC on its list of entities determined to be engaged in prohibited activities in Iran rendering KLCC ineligible for investment and/or state contracting. / Subsidiary of PETRONAS 

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In 2017 the U.S. state of Alaska, Florida, and Mississippi, listed KLCC on its list of companies doing material business with Iran rendering KLCC ineligible for investment and/or state contracting.

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In 2013, 2014, 2015, 2016 and 2017 KLCC was listed on the Texas Pension Review Board List of Scrutinized Companies doing business in Iran pursuant to Chapter 807.054, Government Code.  
 

On April 14, 2009, Gas District was added to the Florida State Board of Administration List of Prohibited Investments (Scrutinized Companies) due to its involvement in Iran. As of March 9, 2021, Gas District remains on the SBA list of prohibited investments. 

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In 2020, the U.S. state of Mississippi listed Gas District on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting.

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Gas District Cooling is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business.

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Gas District Cooling is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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Gas District Cooling is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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In 2018 the U.S. state of Ohio listed Gas District Cooling on its Iran prohibited companies list rendering Gas District Cooling ineligible for investment and/or state contracting.

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In 2017 the U.S. states of Alaska, Florida, Mississippi, lists Gas District Cooling on its list of companies doing material business with Iran rendering Gas District Cooling ineligible for investment and/or state contracting.

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In 2013, 2014, 2015, 2016 and 2017 Gas District Cooling was listed on the Texas Pension Review Board List of Scrutinized Companies doing business in Iran pursuant to Chapter 807.054, Government Code. 

"The U.S. Department of Commerce's Bureau of Industry and Security (BIS) today added 36 companies and individuals to the Entity List…for engaging in actions contrary to the national security or foreign policy interests of the United States. BIS's Office of Export Enforcement (OEE) conducted investigations that revealed the companies and individuals engaged in a series of actions involving illicit shipments of U.S-origin goods to Iran and prohibited end-users in China...The first group of entities added (Anvik Technologies Sdn. Bhd., Montana Advanced Engineering Sdn Bhd., Albin Technologies Sdn Bhd., Hansen Technologies Limited, and Babak Jafarpour) were involved in purchasing items subject to the Export Administration Regulations (EAR) from U.S. companies and having the items shipped via virtual offices and freight forwarders in Hong Kong and Malaysia to Iran in violation of Department of the Treasury Office of Foreign Assets Control (OFAC) regulations and the EAR. The items purchased included various types of electronics, navigation, and avionics equipment." (Bureau of Industry and Security, "Bureau of Industry and Security Adds 36 Parties to Entity List for Actions Involving Illegal Shipments of Goods to Iran and China," 12/12/13)

"Malaysian airline AirAsia has suspended flights to three destinations in Thailand, Philippines and Iran. Flights from Kuala Lumpur to Tehran will be suspended effective April 23. The last flight to the destination will depart on April 20." (Financial Tribune, "AirAsia Suspends Three Routes," 2/20/2018). 

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In January 2017, AIRASIA X, the low-cost arm of AirAsia added more flights to Tehran from Kuala Lumpur six months after resuming its flight to the capital of Iran. AirAsia resumed its direct flight to Tehran on June 21, 2016.

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"Foreign airlines, including Malaysia's AirAsia and Britain's BMI, are ceasing services to Iran amid its mounting economic problems spurred on by Western sanctions. AirAsia announced it was suspending its four flights a week between Kuala Lumpur and Tehran from next Sunday because of challenging business conditions, notably the 'volatility of the Iranian currency.'" (The Daily Star, "Airlines stop Iran flights as currency crisis bites," 10/8/2012)

On September 19, 2007, Petronas Gas was added to the Florida State Board of Administration List of Prohibited Investments (Scrutinized Companies) due to its involvement in Iran. As of March 9, 2021, Petronas Gas remains on the SBA list of prohibited investments. 

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In 2020, the U.S. state of Mississippi listed Petronas Gas on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting.

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On June 1, 2020, the Ohio Police & Fire Pension Fund (“OP&F”) listed Petronas Gas on its scrutinized companies Iran/Sudan list.   On September 24, 2008, OP&F adopted an Iran and Sudan Divestment Policy, which notes, “[t]he purpose of this Policy is to divest and restrict the purchase of stocks and bonds (“direct holdings”) issued by a publicly traded Company… with “scrutinized active business operations” in Iran and Sudan.”  

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As of May 28, 2020, the Florida State Board of Administration (“SBA”) continues to list Petronas Gas on its list of “Scrutinized companies with Activities in the Iran Petroleum Energy Sector.” 

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On January 13, 2020, the South Dakota Investment Council submitted a report to the Executive Board of the Legislative Research Council regarding compliance with SDCL 4-5-48 to 4-5-60, Iran Divestiture. Included in this report is an Iran Scrutinized Companies list of all prohibited investments for which the internal managers and direct external managers are instructed not to purchase any company on the list. Petronas Gas is included on this list.

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As of December 31, 2019, the Alaska Retirement Management Board lists Petronas Gas as a company doing material business with Iran.  

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Petronas Gas is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business.

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Petronas Gas Bhd is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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On March 13, 2019, the Mississippi Department of Finance & Administration identified Petronas Gas as a company “engaged in investment activities in Iran, providing funds, goods or services valued at $20,000,000 or more in the energy sector of Iran.”  

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Petronas Gas Bhd is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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In 2017 the U.S. state of Alaska, Florida, Texas listed Petronas Global  on its list of companies doing material business with Iran rendering Petronas Global ineligible for investment and/or state contracting.

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 In 2018 the U.S. state of Ohio listed Petronas Global Sukuk on its list of entities determined to be engaged in prohibited activities in Iran rendering Petronas Global Sukuk ineligible for investment and/or state contracting.

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Petronas Gas Berhad is the gas wing of the Malaysian national oil company, Petronas. Petronas Gas Berhad is engaged in gas processing, gas transmission, industrial utilities, and engineering management services (Company Website). 

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In 2004, Petronas Gas signed a shareholder agreement with the National Iranian Oil Company to create a liquefied natural gas company, Pars LNG Co (Company Timeline). 

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Petronas Gas has been targeted for divestment by the Florida State Board of Administrators over its involvement with the Iranian petroleum industry. 

On September 19, 2007, MISC was added to the Florida State Board of Administration List of Prohibited Investments (Scrutinized Companies) due to its involvement in Iran. As of March 9, 2021, MISC remains on the SBA list of prohibited investments. 

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"MISC Bhd. is a Malaysian shipping company that is linked to Iran through its parent company, Petronas, a “Divested and Restricted” company. In 2009, CalSTRS designated MISC Bhd. as “Divested and Restricted” and maintained that status in 2020."

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 As of May 28, 2020, the Florida State Board of Administration (“SBA”) continues to list MISC on its list of “Scrutinized companies with Activities in the Iran Petroleum Energy Sector.”

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On January 13, 2020, the South Dakota Investment Council submitted a report to the Executive Board of the Legislative Research Council regarding compliance with SDCL 4-5-48 to 4-5-60, Iran Divestiture. Included in this report is an Iran Scrutinized Companies list of all prohibited investments for which the internal managers and direct external managers are instructed not to purchase any company on the list. MISC is included on this list.  

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As of December 31, 2019, the Alaska Retirement Management Board lists MISC as a company doing material business with Iran.  

In 2009, the California State Teachers’ Retirement System (“CalSTRS”), designated MISC Bhd. As “Divested and Restricted” for being linked to Iran through its parent company, Petronas, a “Restricted” company. CalSTRS maintained that designation in 2019.  CalSTRS and CalPERS are the top two largest public pension funds in the United States with more than $550 billion in total assets under management combined. 

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MISC is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business.

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MISC is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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MISC is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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MISC Bhd. is a Malaysian shipping company that is linked to Iran through its parent company, Petronas, a “Restricted” company. MISC is listed on the December 31, 2018 CalSTRs Portfolio of companies identified as possibly having ties to Iran and from which CalSTRs has divested from and restricted in 2018. In 2009, CalSTRS designated MISC Bhd. as “Divested and Restricted” and has maintained that designation in 2018.

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In 2017 the U.S. states of Alaska, Florida, Mississippi, Texas listed MISC Bhd on its list of companies doing material business with Iran rendering MISC Bhd ineligible for investment and/or state contracting.

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As of October 4, 2008, CalSTRS' portfolio was free of MISC Bhd who is subject to the most severe restrictions under the law due to its ties or possible ties to Iran.

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In 2018 the U.S. state of Ohio listed MISC Bhd on its list of companies doing material business with Iran rendering MISC Bhd ineligible for investment and/or state contracting.

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Listed by the Iranian Ports and Maritime Organization as doing business with the Iranian Jahan Darya Zamin.  (Ports & Maritime Organization: Companies Affairs Department: Liners)

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MISC Berhad is the leading international shipping line of Malaysia. MISC Berhad operates a young fleet of over 100 vessels, specializing in the shipping of energy products such as liquefied natural gas and petroleum (Company Website). 

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In 2013, 2014, 2015, 2016 and 2017 MISC was listed on the Texas Pension Review Board List of Scrutinized Companies doing business in Iran pursuant to Chapter 807.054, Government Code.  

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MISC Berhad ships cargo to the Iranian port of Bandar Abbas, and describes its specific shipping policy for the port on its website. The company lists three other ports of call in Iran on its website - Asaluyeh, Bandar Mashahr, and Bandar Khomeini. MISC Berhad has been targeted for divestment by Florida State Board of Administration over its activities in Iran.

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Malaysian police said Friday that they had found equipment they suspect could be used to make nuclear weapons smuggled on board a ship headed to Iran. National police chief Ismail Omar told The Associated Press that the cargo was seized from a Malaysian-registered ship traveling from China to Tehran while it was docked at a central Malaysia harbor. Authorities are investigating whether the equipment could be used to make nuclear weapons. Malaysian International Shipping Corp. confirmed in a statement to the AP that police confiscated two containers from the MV Bunga Raya Satu on March 8. It said a freight forwarder had declared the contents as 'goods used for liquid mixing or storage for pharmaceutical or chemical or food industry' ...  The Malaysian shipping company said the vessel continued its journey without the seized items March 9." (The Washington Post, "Malaysian ship smuggling equipment with possible nuclear link was headed to Iran, police say," 3/18/11)

• Austral Aero-Marine Corp. organized earlier contracts between Icarus Marine and Tehran's Tadbir Sanaat Sharif Technology Development Center (TSS), importer of the Bradstone Challenger on the Iranian side. (Mail & Guardian, "How SA company oiled Iran's war machine," 9/24/2010)

• Austral Aero-Marine Corp. was listed on the June 28, 2010, US Federal Register's banned entity list.

• See Scavenger Manufacturing and Icarus Marine. 

In January 2021, the State of New Jersey Department of the Treasury listed AK Makina as a company engaged in prohibited activities in Iran pursuant to P.L. 2012, c. 25 ("Chapter 25"). 

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As of October 14, 2020, AK Makina remained on the Tennesse Department of General Services list of persons it determines engage in investment activities in Iran, as described in 12-12-105.

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In 2020, the U.S. state of Mississippi listed Amona on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering Amona ineligible for investment and/or state contracting.

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As of July 1, 2020, AMONA is listed as an entity “determined, based on credible information available to the public, to be engaged in prohibited activities in Iran pursuant to P.L. 2012, c.25 (“Chapter 25”).  

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As of June 8, 2020, AMONA is listed on the Pennsylvania Department of General Services Iran Free Procurement List. Entities included on this list are ineligible to enter into a contract with the Commonwealth of Pennsylvania for goods and services worth at least $1,000,000 per sections 3501-3506 of the Commonwealth Procurement Code, 62 Pa. C.S. §§ 3501-3506.  

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As of April 15, 2020, AMONA is included as an entity determined to be non-responsive bidders/offerers pursuant to The New York State Iran Divestment Act of 2012. 

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As of April 15, 2020, AMONA is included on the Tennessee list of persons it determines engage in investment activities in Iran, as described in § 12-12-105. 

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In 2019, the U.S. state of Mississippi, New Jersey, and New York,  listed Amona on their state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering Amona ineligible for investment and/or state contracting.  

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In 2018 and 2019 Tennessee used the New York list of “Entities determined to be non-responsive bidders/offerers pursuant to the New York State Iran Divestment Act of 2012.” Amona was included on this list in 2018. Tennessee states "Inclusion on this list would make a person ineligible to contract with the state of Tennessee, if a person ceases its engagement in investment activities in Iran, it may be removed from the list."

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In 2017, the U.S. state of Mississippi, New Jersey, and New York,  listed Amona on their state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering Amona ineligible for investment and/or state contracting.  

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Amona is currently working on a project involving the rehabilitation of the Resalat oil field in Iran's Lavan area. Amona will drill 30 wells and build a processing plant, to increase output to 47,000 bbl/d. The project is scheduled for completion in September 2011 and is valued at $1.53 billion (GAO Report 2010, Firms Reported in Open Sources as Having Commercial Activity in Iran’s Oil, Gas, and Petrochemical Sectors).

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On their company website, the Amona Group lists a current project they are undertaking in contruction and planning of an apartment complex in Iran. "The Amona Group has also ventured oversea and has secured major residential housing projects with the Governments of Libya and Iran. The total Gross Development Value of the company’s projects in hand are estimated at RM10 billion." (Company Website)

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"Amona Group of companies, a Malaysian company, will today sign two preliminary agreements to build two townships in Iran, he said, as builders look to Iran for construction and development businesses" (Bloomberg, "Iran President meets Malaysian Leader to boost ties," 3/1/2006)