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Ongoing uncertainties from the Middle East tensions are expected to bolster oil prices, and investors should continue to buy into the oil and gas (O&G) sector, analysts said.
A barrage of questions has arisen after the Lim family, led by patriarch Lim Han Weng — who controls oil and gas floating production storage and offloading player Yinson Bhd — acquired a controlling 50.2% stake in Icon Offshore Bhd, an offshore support vessel (OSV) provider for the O&G sector...
KUALA LUMPUR: Bursa Malaysia ditutup tinggi pada Isnin apabila pelabur cenderung kepada saham tenaga, perladangan dan telekomunikasi utama terpilih.Pada 5 petang, FTSE Bursa Malaysia KLCI (FBM KLCI) meningkat 7.95 mata atau 0.52 peratus kepada 1,544.02 daripada 1,536.07 ketika ditutup pada Jumaat minggu lepas.Indeks ...
KUALA LUMPUR: Bursa Malaysia ended higher today, with investor interest focused on selected major energy, plantation, and telecommunication stocks.At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.95 points, or 0.52 per cent to 1,544.02 from last Friday's close of 1,536.07....
KUALA LUMPUR: Bursa Malaysia dibuka bercampur-campur pada pagi Selasa dengan indeks utama turun susulan kekurangan pemangkin.Pada 9.15 pagi, penanda aras FTSE Bursa Malaysia KLCI (FBM KLCI) susut 3.48 mata kepada 1,534.06 daripada 1,537.54 ketika ditutup pada Isnin.Indeks utama dibuka 1.48 mata rendah pada ...
Bursa Malaysia opened mixed on Tuesday morning with the key index down amid a lack of catalysts.
At 9.15am, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 3.48 points to 1,534.06 from Monday’s close of 1,537.54.
IT is official: Malaysia’s upstream oil and gas (O&G) industry is back in business. A number of service companies supporting the local waters posted their second profitable year in 2023, amid prevailing supply tightness and robust activity levels.
For a number of offshore support ve...
KUALA LUMPUR: Stocks to watch on Monday include Perdana Petroleum Bhd, Scientex Bhd, IHH Healthcare Bhd, Barakah Offshore Petroleum Bhd, Yinson Holdings Bhd, Samaiden Group Bhd, Varia Bhd and Top Glove Corp Bhd.
KUALA LUMPUR: Perdana Petroleum Bhd has secured contracts from Dayang Enterprise Sdn Bhd (DESB) worth RM13.4mil to charter one unit of anchor handling tug and supply (AHTS) vessel and one unit of accommodation work barge (AWB).
Perdana Petroleum Bhd announced that its wholly-owned subsidiary Perdana Nautika Sdn Bhd has accepted letters of award from Dayang Enterprise Sdn Bhd (DESB) to charter one unit of anchor handling tug and supply (AHTS) vessel and one unit of accommodation work barge (AWB) worth RM13.4 million.
RHB Investment Bank (RHB IB) Research has maintained its “buy” rating on Dayang Enterprise Holdings Bhd at RM2.21 with a target price (TP) of RM2.95 and a 33% upside with circa financial year 2024 (FY2024) yield.
KUALA LUMPUR: Perdana Petroleum Bhd's contract wins provides earnings visibility for Dayang Enterprise Holdings Bhd in the upcoming quarters. RHB Research said in a note that Perdana Petroleum's marine segment is likely to deliver stable earnings growth, backed ...