Phase 3 cheer for Dialog

TheStar Wed, Apr 07, 2021 09:20am - 2 years View Original


Analysts said with phase three taking off, it bodes well for the group as they anticipate more refiners, petrochemical companies and downstream petrochemical manufacturing plants to start operations there.

PETALING JAYA: Dialog Group Bhd is set to attract more investments and see a boost in earnings with the commencement of its phase 3A of the Pengerang Deepwater Terminal (PDT) operations.

Analysts said with phase three taking off, it bodes well for the group as they anticipate more refiners, petrochemical companies and downstream petrochemical manufacturing plants to start operations there.

MaybankIB Research expects more investment to pour into the phase three project (equivalent to phase one and two, size-wise), which is only 10% occupied now.

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