Daniel Khoo

Recent and archived articles by Daniel Khoo

8 Dec 2017 | 7:00 AM

Gamuda keeping an eye on supply chain costs

SHAH ALAM: The supply chain process for the construction industry seems to be “a little bit stretched” given the various mega projects that are going to take place in the railway sector, according to Gamuda Bhd.

Lin: For now, we are basically on a hold for major capex requirements.
7 Dec 2017 | 1:35 PM

Gamuda eyes orderbook replenishment of RM6-RM8bil

SHAH ALAM: Gamuda Bhd is eyeing an order book replenishment of at least RM6bil over the next two years, said its managing director Datuk Lin Yun Ling.

7 Dec 2017 | 7:00 AM

No year-end respite for O&G firms

PETALING JAYA: There was no year-end respite for battered oil and gas (O&G) service providers, as Petroliam Nasional Bhd (Petronas) signals lower demand for their services over the next three years despite recovery in the price of crude oil.

2 Dec 2017 | 7:00 AM

Outlook for IHH Healthcare draws mixed views

Following the recent release of IHH Healthcare Bhd’s financial results, the issue that’s on most investors’ minds is whether the worst of the recent news coming out from IHH Healthcare Bhd has already been factored into its immediate outlook.

30 Nov 2017 | 10:27 PM

Affin Holdings’ earnings fall on higher expenses, impairment

PETALING JAYA: Affin Holdings Bhd’s earnings for its third quarter ended Sept 30 nearly halved to RM73.26mil from RM139.65mil a year ago due to higher overhead expenses and loan impairment.

29 Nov 2017 | 7:00 AM

Gamuda teams up with MRCB for HSR

Gamuda Bhd is teaming up with Malaysian Resources Corp Bhd (MRCB) to participate in the tender that will see both parties cooperating with one another in a bid to secure the PDP works portion.

Gamuda and MRCB will each have a 50% stake in the entity bidding for the PDP project. “Upon the successful awarding as the PDP, Gamuda and MRCB shall enter into the relevant definitive agreements to formalise the joint venture (JV) and set out the rights and obligations of each party in the said JV,” Gamuda said.  MyHSR Corp Sdn Bhd, which is owned by the government, had called for the tender last week to appoint the PDP for the KL-Singapore HSR
25 Nov 2017 | 7:00 AM

Dialog’s outlook brightens

Oil and gas company eyes double-digit growth in fiscal 2018 following good first quarter.

Strong pipeline: An artist’s impression of Dialog’s oil storage terminal in Pengerang. If the normalisation of rates proves to be a temporary phenomenon, Dialog will still benefit from the strong pipeline of expansion activities it has planned in the near to medium term even as the Pengerang phase two soon kicks into gear.
20 Nov 2017 | 7:00 AM

Consumer stocks buck trend at Bursa Malaysia

PETALING JAYA: Consumer staple stocks that have a strong and reputable brand presence in the country continue to hold up well despite the struggles of Malaysian households. Stocks such as Panasonic Manufacturing Malaysia Bhd, Nestle (M) Bhd, Fraser & Neave Holdings Bhd and Dutch Lady Milk Industries Bhd have been breaching historical highs, even bucking the recent fall in the FBM KLCI

Positive sentiment: The reasons for the rise in consumer staple stocks could be due to good earnings and dividends. — Bernama
16 Nov 2017 | 7:00 AM

Ringgit rises to one-year high against the greenback

PETALING JAYA: The ringgit climbed to one-year high, buoyed by the higher price of crude oil and rising prospect of an interest rate hike happening next year. The ringgit was traded at 4.1757 yesterday against the US dollar

Stronger ringgit: Lee says the ringgit could end on a stronger note by the end of the year in anticipation of a change in monetary policies
13 Nov 2017 | 7:00 AM

Spritzer eyes export markets, to place out stake to Singapore fund

PETALING JAYA: To further expand its overseas markets, Spritzer Bhd has proposed to place out a substantial stake of its share base to a Singapore-based strategic investor called Dymon Asia Private Equity (Dape).

Spritzer Bhd executive director Dr Chuah Chaw Teo showing one of the eight aquifers available at the 133ha site of the Spritzer Ecopark in Taiping - Filepic