CGSI Research said the project is the right fit for Dialog given its low-risk nature.
PETALING JAYA: Dialog Group Bhd
’s joint venture (JV) with Petronas Gas Bhd (PetGas) to set up an air separation unit (ASU) facility is expected to contribute about RM10mil per annum in post-tax profits to the former from 2027 onwards, which is less than 2% of its financial year 2026 (FY26) forecast, CGS International Research (CGSI Research) says.
Regardless, it said this project is the right fit for Dialog given its low-risk nature and the project also improves the utilisation of its Pengerang Deepwater Terminal land area, albeit only incrementally.
