Company Overview and News

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Barakah expected to remain in the red in FY18

2018-08-13 theedgemarkets
Barakah Offshore Petroleum Bhd (Aug 10, 16 sen) Maintain hold with an unchanged target price (TP) of 14 sen: We expect Barakah to continue to unveil the identities of its two other clients in this contract package win as it progressively clears the compliance hurdle. That said, Barakah’s investment thesis remains unchanged.
7251

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Barakah bags five-year MCM contract from Sapura Energy

2018-08-10 theedgemarkets
KUALA LUMPUR: Barakah Offshore Petroleum Bhd has secured a five-year contract to provide maintenance, construction and modification (MCM) services for Sapura Energy Bhd’s oil and gas fields off Peninsular Malaysia.
7251

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Barakah gets Sapura contract

2018-08-10 thestar.com.my
“Under the contract, Barakah’s scope of work comprises MCM work for structures and facilities for Sapura E&P’s oil and gas (O&G) fields located offshore Peninsular Malaysia,” it said.
7251 BSMAF 1818

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KLCI seen opening flat, to hover above 1,790-level

2018-08-09 theedgemarkets
KUALA LUMPUR (Aug 10): The FBM KLCI is seen opening flat today in line with the weaker overnight close at Wall Street, but hover above the 1,790-level.
5843 5029 5216 SPMXY 7251 5225 SPMXF 5176 5272 Q0F IHHHF

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Supermax, Gamuda, KPS, Sunway REIT, Bintai Kinden, Far East, Datasonic, Velesto, Barakah Offshore, MyEG, Ranhill, Asdion and IHH

2018-08-09 theedgemarkets
KUALA LUMPUR (Aug 9): Based on corporate announcements and news flow today, stocks in focus tomorrow may include the following: Supermax Corp Bhd, Gamuda Bhd, Kumpulan Perangsang Selangor Bhd (KPS), Sunway Real Estate Investment Trust, Bintai Kinden Corp Bhd, Far East Holdings Bhd, Datasonic Group Bhd, Velesto Energy Bhd, Barakah Offshore Petroleum Bhd, My EG Services Bhd, Ranhill Holdings Bhd, Asdion Bhd and IHH Healthcare Bhd.
7251 SPMXF 5176 5272 532843 5843 5029 5216 SPMXY 5225 FORTIS Q0F IHHHF

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Barakah bags 5-year MCM contract from Sapura

2018-08-09 theedgemarkets
KUALA LUMPUR (Aug 9): Barakah Offshore Petroleum Bhd has been awarded a five-year contract to provide maintenance, construction and modification (MCM) services for Sapura Energy Bhd's oil and gas fields offshore Peninsular Malaysia.
7251

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Barakah bags Sapura E&P maintenance contract

2018-08-09 thestar.com.my
KUALA LUMPUR: Barakah Offshore Petroleum Bhd said wholly-owned subsidiary PBJV Group Sdn Bhd was awarded a five-year contract by Sapura Exploration and Production Inc.
7251 BSMAF 1818

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KLCI up 0.26% in line with regional gains

2018-08-09 theedgemarkets
KUALA LUMPUR (Aug 9): The FBM KLCI rose 0.26% at the midday break today and stayed firmly above the 1,800-point level, tracking gains at regional markets.
HLFBF 7251 BATS 4162 2089 7077 5029 5347 1201 5225 TNABY 2836 IHHHF PNAGF 5183 PECGF UPBMF 1082 7765 6033 2593 PNADF TNABF Q0F 3719

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Barakah Offshore bags pan-Malaysia MCM contract

2018-07-31 theedgemarkets
KUALA LUMPUR: Barakah Offshore Petroleum Bhd has bagged a contract from Enquest Petroleum Production Malaysia Ltd to provide pan-Malaysia maintenance, construction and modification (MCM) services from 2018 to 2023 under Package A.
7251 BSMAF 1818

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KLCI pares loss but seen staying in the red, tracking region

2018-07-31 theedgemarkets
KUALA LUMPUR (July 31): The FBM KLCI pared some of its losses at mid-morning today but looked poised to end the session in the red as regional markets remained weak.
7083 6491 7251 7060 4065 BC94 SMSN BATS 4162 7237 3034 3794 9334 6033 7123 2852 PNADF 3867 6807 PNAGF SMSD

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Barakah active, up 6.45% on bagging 5-year contract from Enquest Petroleum

2018-07-31 theedgemarkets
KUALA LUMPUR (July 31): Barakah Offshore Petroleum Bhd rose 6.45% in active trade after it bagged a contract from Enquest Petroleum Production Malaysia Ltd to provide Pan Malaysia maintenance, construction and modification (MCM) services from 2018 to 2023 under Package A.
7251

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KLCI seen opening lower, tracking global markets, support at 1,750

2018-07-31 theedgemarkets
KUALA LUMPUR (July 31): The FBM KLCI is seen opening lower today, tracking the overnight losses at most global markets.
6084 7251 7060 7113 TPGVF 1171 0173 7253 4022 TGLVY 5216 4723 BSMAF 1818

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Top Glove, JAKS, Star Media, MBSB, Barakah Offshore, Handal Resources, Fima Corp, Datasonic, New Hoong Fatt, Rev Asia and Tadmax

2018-07-30 theedgemarkets
KUALA LUMPUR (July 30): Based on corporate announcements and news flow today, companies in focus on Tuesday (July 31) may include: Top Glove Corp Bhd, JAKS Resources Bhd, Star Media Group Bhd, Malaysia Building Society Bhd, Barakah Offshore Petroleum Bhd, Handal Resources Bhd, Fima Corp Bhd, Datasonic Group Bhd, New Hoong Fatt Holdings Bhd, Rev Asia Bhd and Tadmax Resources Bhd
6084 7251 7060 7113 TPGVF 1171 0173 7253 4022 TGLVY 5216 4723 WWDH

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Barakah Offshore bags Pan Msia MCM contract

2018-07-30 theedgemarkets
KUALA LUMPUR (July 30): Barakah Offshore Petroleum Bhd has bagged a contract from Enquest Petroleum Production Malaysia Ltd to provide Pan Malaysia maintenance, construction and modification (MCM) services from 2018 to 2023 under Package A.
7251 BSMAF 1818

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KLCI rises 0.56% as banking heavyweights lift

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): The FBM KLCI rose 0.56% at mid-morning today, boosted by gains including at index-linked banking heavyweights.
PBLOF 7251 MLYNF 1295 7153 3794 2089 5014 9334 3867 6459 CSX MS 7083 MLYBY UPBMF 0170 0131 7123 1155 4588 MYPRY

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