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KUALA LUMPUR: MISC Bhd posted lower net profit of RM258.30mil in the third quarter ended Sept 30,2020 due to lower revenue from the liquified natural gas (LNG), petroleuem and offshore segments but it maintained its dividend payout of seven sen a share.
KUALA LUMPUR: Kenanga Research is positive on news of Sapura Energy Bhd's new contract wins but remains concerned over its balance sheet and potential risk of impairments.
KUALA LUMPUR: Eaglestar Shipmanagement (L) Pte Ltd (Eaglestar) has been appointed as the ship manager of South-East Asia’s first dual-purpose Liquefied Natural Gas Bunker Vessel (LBV), Avenir Advantage.
BEIJING: China’s industrial output saw further growth in October as factory production continued to expand amid effective Covid-19 control and government policies to boost demand and consumption.
LONDON: Investors are pushing major European companies to make sure the "missing" costs of climate change are properly reflected in their financial statements, a move that could wipe billions of dollars off the value of sectors from energy to aviation.
MILUX Corporation Berhad held an EGM recently in relation to the proposed diversification of the existing core business of Milux and its subsidiaries to include provision of support services for the oil and gas industry and property-related services.
KUALA LUMPUR: Kenanga Investment Bank research believes Kelington Group Bhd remains cheaply valued despite a 28% rally over the past one week due to the recent focus on the dry ice business.