UOB Kay Hian: Petronas-listed firms can help govt


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PETALING JAYA: Petroliam Nasional Bhd (Petronas)-listed companies are best positioned to significantly raise dividends that will help the Government to fund the RM250bil Prihatin stimulus package, according to UOB Kay Hian Research.

The brokerage’s argument is based on its screening process, which looks at government-linked companies (GLCs) with relatively more resilient cash flow, manageable capital expenditure requirements and solid balance sheets.

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