Maybank IB Research sees bright growth prospects for MISC


MISC is tendering for at least five offshore jobs in Brazil, Malaysia, Thailand and Qatar.

KUALA LUMPUR: Maybank Investment Bank Research believes growth prospects are bright for MISC as it sees a high probability of the company winning a few sizable offshore jobs in the near-term.

This is made possible by the tight floating production storage and offloading (FPSO) market and MISC’s strong operating cashflow/balance sheet, it said on Thursday.

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