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KUALA LUMPUR: CGS-CIMB Equities Research is retaining its overweight on the utilities sector as the 12th Malaysia Plan (12MP) initiatives under reaffirms its view that renewable energy (RE) capacity will grow strongly.
IPOH: The Perak government has received a proposal from Gas Malaysia Berhad to construct an RM105mil natural gas pipeline network from Bidor to Tanjung Malim, says Datuk Saarani Mohamad.
KUALA LUMPUR: T7 Global Bhd’s net profit for the second quarter to June 30, 2021 jumped by 185% to RM2.33mil on higher contribution from its energy division.
KUALA LUMPUR: MMC Corp Bhd's earnings more than doubled in the second quarter on higher revenue boosted by higher volume handled across its port operations.
PETALING JAYA: Gas Malaysia Bhd’s results for the second quarter ended June 30 came largely within analysts’ expectations but the Covid-19 pandemic continues to be a setback to its growth momentum.
KUALA LUMPUR: Shares in Gas Malaysia Bhd climbed in early trade Tuesday after it reported better-than-expected financial results in the second quarter ended June 30.
KUALA LUMPUR: Bursa Malaysia shed some of the recent gains in early Wednesday trade as the nation awaited news about the successor for the prime minister’s post.
KUALA LUMPUR: Stocks to watch on Wednesday include Pintaras Jaya Bhd, Genting Malaysia Bhd, Sime Darby Bhd, Willowglen MSC Bhd and Boustead Holdings Bhd, according to JF Apex Research.
PETALING JAYA: Gas Malaysia Bhd’s net profit for its second quarter ended June 30, 2021 rose to RM62.34mil from RM44.62mil in the previous corresponding period.