Company Overview and News

Bursa Malaysia opens slightly higher

2018-10-03 malaymail
KUALA LUMPUR, Oct 3 ― Share prices on Bursa Malaysia were slightly higher at the opening, boosted by some buying support in selected heavyweights despite the mixed performance seen on Asian share markets.
PBLOF 9318 7206 7036 1295 BSMAF HIPEF 1818 5199

TH Heavy net loss widens in Q2

KUALA LUMPUR: TH Heavy Engineering Bhd posted a higher net loss of RM89.48mil in the second quarter ended June 30, 2018 compared with a net loss of RM16.79mil in the corresponding period a year ago.

FPSO tenders at highest in three years — Yinson CEO

2018-07-13 theedgemarkets
KUALA LUMPUR: Tenders for floating production storage and offloading (FPSO) jobs are now at the highest in three years, Yinson Holdings Bhd group chief executive officer (CEO) Lim Chern Yuan said, adding that this bodes well for the offshore production and support services provider.
7293 7206 FXPL

FPSO tenders highest in 3 years, says Yinson CEO

2018-07-12 theedgemarkets
KUALA LUMPUR (July 12): Tenders for floating production, storage and offloading (FPSO) jobs are now at the highest in three years, Yinson Holdings Bhd group chief executive officer Lim Chern Yuan said, adding that this bodes well for the offshore production and support services provider.
7293 7206 FXPL

LTH group MD, deputy CEO leave

PETALING JAYA: Lembaga Tabung Haji (LTH) has announced that group managing director and CEO Datuk Seri Johan Abdullah (pic) and deputy CEO Datuk Badlisyah Abdul Ghani have completed their two-year contract of service on June 30, 2018.
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KLCI seen trending lower in line with weaker global markets

2018-07-03 theedgemarkets
KUALA LUMPUR (July 4): The FBM KLCI is expected to trend lower today in line with the weaker overnight close at most global markets as mounting concerns over the a U.S.-China trade spat keeps investors on tenterhooks.
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Pasdec, Damansara Realty, TM, Green Packet, Velesto, IHH, Versatile Creative, Sunway, Zelan, Multi Sports, Lion Industries and TH Heavy Engineering

2018-07-03 theedgemarkets
KUALA LUMPUR (July 3): Based on the corporate announcements and news flow today, companies in focus on Wednesday (July 4) may include: Pasdec, Damansara Realty, TM, Green Packet, Velesto, IHH, Versatile Creative, Sunway, Zelan, Multi Sports, Lion Industries and TH Heavy Engineering.
0082 532843 3484 6912 4995 4863 5225 7206 FORTIS MYTEF Q0F BSMAF IHHHF 1818

Bursa lower at mid-morning on technical correction

2018-07-02 malaymail
KUALA LUMPUR, July 2 — Bursa Malaysia was lower at mid-morning today on a technical correction following a sharp increase in the benchmark FTSE Bursa Malaysia KLCI (FBM KlCI) on last Friday.
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More projects likely for Yinson in Africa, Brazil, Gulf of Mexico

2018-07-02 theedgemarkets
Yinson Holdings Bhd (June 29, RM4.58) Maintain buy with a fair value (FV) of RM5.53: We maintain a buy on Yinson Holdings (Yinson) with a slightly higher sum-of-parts-based (SOP) fair value of RM5.53/share (from an earlier RM5.51/share), which implies 14 times price-earnings for the financial year ending Jan 31 2021 forecast (FY21F).
7293 7206 FXPL 7277

KLCI remains in the red in slow start to 2H2018

2018-07-02 theedgemarkets
KUALA LUMPUR (July 2): The FBM KLCI remained subdued at mid-morning today after data showed business conditions across Malaysia’s manufacturing sector deteriorating albeit at a slower pace in June.
7052 PBLOF BATS 4162 1295 3794 2089 7077 5199 DKSHY KLKBY 3867 7206 HIPEF 5908 SPMXF UPBMF 8133 1481 5139 2445 4588 SPMXY 0026 0900 5819 DKSHF

Consolidation of the oil and gas sector not fast enough

The steady recovery in crude oil prices over the past one year has yet to have a big positive impact on OGSE players. This is partly because oil majors have yet to increase their capex in a big way.
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Trading ideas: Luxchem, Lotte Chemical, Yinson, Censof, Bintulu Port

KUALA LUMPUR: Luxchem Corp Bhd , Lotte Chemical Titan Holding Bhd, Yinson Holdings Bhd , Censof Holdings Bhd and Bintulu Port Holdings Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
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TH Heavy tumbles 13% after warning from external auditors

KUALA LUMPUR: TH Heavy Engineering Bhd ’s shares tumbled 13% in early trade after external auditors warned of its ability to continue as a going concern.

Recovery in crude oil prices yet to have big impact on players

Steady path: Gas prices are displayed at a Mobil station in New York. Crude oil prices have risen steadily by more than 10. Shares in oil majors, including Exxon Mobil, have surged. — AP
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