PETALING JAYA: Dialog Group Bhd
may need to secure new, sizeable tank terminal contracts to earn a re-rating, which would help grow its recurring income portfolio, according to Maybank Investment Bank Research (Maybank IB).
The research house said Dialog could benefit from the development of the Pengerang Energy Complex by Singapore’s Chemone Holdings Pte Ltd, as well as from Petroliam Nasional Bhd’s (PETRONAS) RM6bil development of a biorefinery capable of processing 650,000 tonnes of raw materials, alongside Enilive SpA and Euglena Co Ltd.
