KUALA LUMPUR: CIMB Equities Research is maintaining its Overweight recommendation on Malaysia’s oil and gas sector, underpinned by the strong contract pipeline arising from Petroliam Nasional’s capex.
“Our top picks are SapuraKencana for the big caps and Perisai for the small caps. For exposure to downstream activities in Pengerang, Johor, where the RAPID site is located, we like Dialog,” said the research house on Monday.
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