KUALA LUMPUR: Affin Research has maintained its Buy call on SapuraKencana (SKP) with a target price of RM5.20 as it continues to like SKP for its strong management, integrated business model, extensive O&G assets and growing global footprint.
In a note on Monday, Affin said Petronas announced that it had recently awarded the Pan Malaysia Integrated Offshore Installation Contract covering domestic upstream oil & gas offshore Transportation and Installation (T&I) activities for a period of 3 years commencing 2014.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
