Company Overview and News

 
Eonmetall’s Felda Palm BOOT arrangement deemed a positive

2018-10-08 theedgemarkets
Eonmetall Group Bhd (Oct 5, 53.5 sen) Maintain buy with a fair value (FV) of 92 sen: We have maintained our “buy” call, forecasts and FV of 92 sen based on eight times financial year 2018 forecast earnings per share of 11.5 sen. This is at a discount to the manufacturing sector’s average one-year forward price-earnings ratio of 10 to 11 times to reflect Eonmetall’s relatively small market capitalisation.
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Eonmetall rises 8% on securing rights from FGV to build six plants

2018-10-05 theedgemarkets
KUALA LUMPUR (Oct 5): Shares in Eonmetall Group Bhd rose 8% in early trade today after it secured the exclusive rights from a unit of FGV Holdings Bhd to build palm fibre oil extraction plants at six selected mill locations, then own and operate them for a concession period of 10 years, before transferring their ownership to the FGV unit.
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Eonmetall to manage palm fibre oil extraction plants for Felda

2018-10-04 thestar.com.my
Eonmetall said its wholly owned subsidiary Eonmetall Carotene Oil Sdn Bhd (ECOSB) had entered into a build, operate, own and transfer (BOOT) arrangement with Felda’s subsidiary, Felda Palm Industries Sdn Bhd (FPISB)
7217 BSMAF 1818

 
KLCI seen trending lower, immediate hurdle at 1,803

2018-10-04 theedgemarkets
KUALA LUMPUR (Oct 5): The FBM KLCI is seen trending lower today, tracking the weaker overnight close at most global markets, with immediate hurdle at 1,803.
1155 5139 MLYBY 7217 0900 MLYNF

 
Maybank, Aeon Credit, Nestle Malaysia, Press Metal Aluminium, Alcom, Eonmetall, FGV and DBE Gurney

2018-10-04 theedgemarkets
KUALA LUMPUR (Oct 4): Based on corporate announcements and news flow today, companies that may be in focus on Friday (Oct 5) may include the following: Malayan Banking Bhd, Aeon Credit Service (M) Bhd, Nestle (Malaysia) Bhd, Press Metal Aluminium Holdings Bhd, Alcom Group Bhd, Eonmetall Group Bhd, FGV Holdings Bhd and DBE Gurney Resources Bhd.
1155 5139 MLYBY 7217 0900 8869 MLYNF NSLYF BSMAF 1818

 
FGV grants Eonmetall build, operate, transfer rights to six plants

2018-10-04 theedgemarkets
KUALA LUMPUR (Oct 4): Eonmetall Group Bhd has secured the exclusive rights from a unit of FGV Holdings Bhd to build palm fibre oil extraction plants at six selected mill locations, then own and operate them for a concession period of 10 years, before transferring their ownership to the FGV unit.
7217 BSMAF 1818

 
Eonmetall may rise higher, says RHB Retail Research

2018-07-27 theedgemarkets
KUALA LUMPUR (July 27): RHB Retail Research said Eonmetall Group Bhd may rise higher after posting a long white candle and leaving an upside gap.
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Eonmetall plans to invest RM100mil in steel racking and M&E ops

2018-07-08 thestar.com.my
GEORGETOWN: Eonmetall Group Bhd is investing more than RM100mil this year and 2019 in its steel racking and machinery and equipment (M&E) business.
MTSI 7217

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