Company Overview and News

KLCI rises 0.77% as banks, select blue chips lift

2018-09-12 theedgemarkets
KUALA LUMPUR (Sept 12): The FBM KLCI rose 0.77% in early trade, lifted by index-linked banking stocks as well other select blue chips.
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FBM KLCI up before erasing gains as financial reporting season nears conclusion

2018-08-30 theedgemarkets
KUALA LUMPUR (Aug 30): The FBM KLCI opened higher before falling as investors took cue from US stocks' overnight rise and evaluated Malaysian corporate earnings.
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Financially distressed firms to be on MSWG's radar

2018-08-27 theedgemarkets
KUALA LUMPUR (Aug 27): The Minority Shareholder Watch Group (MSWG) will include financially distressed companies and China-based companies listed on Bursa Malaysia on its radar by June next year, from 300 listed firms currently.
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PetChem eyes acquisitions to boost specialty business

KUALA LUMPUR: The chemical manufacturing unit of Petroliam Nasional Bhd (Petronas) is actively looking to acquire companies to expand its specialty chemical business, its chief executive officer said.

Sime Darby Plantation, PetChem, E&O, MCT, Taliworks, Ranhill, Versatile Creative, AMMB, Sunway and Paramount

2018-08-21 theedgemarkets
KUALA LUMPUR (Aug 20): Based on corporate announcements and news flow today, companies that will be in focus on Thursday (Aug 23) may include: Sime Darby Plantation Bhd, Petronas Chemicals Group Bhd, Eastern & Oriental Bhd, MCT Bhd, Taliworks Corp, Ranhill Holdings Bhd, Versatile Creative Bhd, AMMB Holdings Bhd, Sunway Bhd and Paramount Corp Bhd.
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Petronas Chemicals eyeing acquisitions to boost specialty business

2018-08-21 theedgemarkets
KUALA LUMPUR (Aug 21): The chemical manufacturing unit of Malaysia's state energy firm Petronas is actively looking to acquire companies to expand its specialty chemical business, its chief executive officer said on Tuesday.

Petronas Chemicals to venture into specialty chemicals

Deputy Minister of International Trade & Industry, Dr Ong Kian Ming and Petronas president & group CEO Tan Sri Wan Zulkiflee Wan Ariffin at the launch of Petronas Chemicals Group Bhd (PCG) 10 new product brands.
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Petronas Chemicals up at record high on dividend, profit

2018-08-21 theedgemarkets
KUALA LUMPUR (Aug 21): Shares of Petronas Chemicals Group Bhd, Petronas Gas Bhd and Petronas Dagangan Bhd rose among Bursa Malaysia's top gainers today after these companies reported higher second quarter net profit from a year earlier and declared dividends.
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FBM KLCI extends gains as Petronas-linked stocks rise

2018-08-21 theedgemarkets
KUALA LUMPUR (Aug 21): The FBM KLCI opened higher today as Petronas-linked stocks rose among Bursa Malaysia top gainers. Globally, China-US trade sentiment and Turkey's geopolitical and economic concerns continue to dictate financial markets' direction.
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PetChem MD: US-China trade war may impact firm

Sazali: At the moment, there is no serious threat and it is still business as usual for us. — Bernama
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Malaysian stocks start week on positive note

2018-08-20 theedgemarkets
KUALA LUMPUR (Aug 20): Malaysian stocks started the week on a positive note, as selected heavyweight counters like Petronas Chemicals Group Bhd, Axiata Group Bhd and DiGi.Com Bhd lifted the benchmark FBM KLCI up 4.11 points or 0.23% despite negative market breadth.
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Petronas Chemicals monitoring US-China trade war impact

2018-08-20 theedgemarkets
KUALA LUMPUR (Aug 20): Petronas Chemicals Group Bhd is currently monitoring the impact of the escalating trade war between the United States and China on the petrochemical industry.
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FBM KLCI up as China shares gain

2018-08-20 theedgemarkets
KUALA LUMPUR (Aug 20): The FBM KLCI rose 4.5 points or 0.3% with China shares as investors looked ahead at the planned China-US trade talks. The talks are closely watched for any China-US trade war easing signs.
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PetChem’s O&D unit likely to remain stable

2018-08-17 theedgemarkets
Petronas Chemicals Group Bhd (Aug 16, RM9.24) Maintain buy with a higher target price (TP) of RM11.23: Petronas Chemicals Group Bhd (PetChem) booked RM2.6 billion in first half of financial year 2018 (1HFY18) core profit (+14% year-on-year [y-o-y]). The stronger profit was primarily on higher plant utilisation at the fertiliser and methanol (F&M) wing and stronger product prices. The olefins and derivatives (O&D) division is likely to remain stable in 2018, with strong oil prices providing support for product prices while methanol prices are likely to firm on a potential supply shortage.
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Petronas Chemicals Group Bhd 2018 Q2 - Results - Earnings Call Slides

2018-08-16 seekingalpha
The following slide deck was published by Petronas Chemicals Group Bhd in conjunction with their 2018 Q2 earnings call.
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