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Business 11 Jun 2015 | 9:36 PM

Deal off for Johor’s second largest reclamation project

KUALA LUMPUR: The fate of the Tanjung Piai petroleum hub and industrial park is now uncertain following the expiry of the binding term sheet for the Tanjung Piai reclamation works agreement on Thursday.

Business 16 Apr 2015 | 12:00 AM

Hong Leong Bank 'reduce', Benalec 'buy', Bumi Armada 'hold'

HONG Leong Bank Bhd (HLB) is expected to embark on a rights issue exercise to raise its fully-loaded common equity tier 1 (CET1) ratio to at least 10 % from 8.1%. CET1 is one of the measures of a bank’s financial strength.

Business 15 Apr 2015 | 9:39 AM

AmResearch maintains Buy on Benalec

KUALA LUMPUR: AmResearch has maintained its Buy call on Benalec with an unchanged fair value of RM1.25/share.

Business 31 Jan 2015 | 12:00 AM

Benalec in for the long haul in Tanjung Piai

BENALEC Holdings Bhd is far from done with its reclamation project in south Johor.

Business 29 Jan 2015 | 12:00 AM

Benalec shares up on getting approval from DoE

PETALING JAYA: Shares in Benalec Holdings Bhd climbed yesterday in active trade after the company received the green light from the Department of Environment (DoE) to commence reclamation work for its Tanjung Piai petroleum hub and industrial park off Johor.

Corporate News 30 Aug 2014 | 12:00 AM

Benalec land sale to boost earnings

DESPITE the significant losses reported by Benalec Holdings Bhd in its fourth quarter of RM15.63mil for the period ended June 30, 2014, the company’s executives say it was a kitchen-sinking exercise.

Analyst Reports 26 Aug 2014 | 11:37 AM

Benalec under selling pressure after Q4 net losses

KUALA LUMPUR: Benalec Holdings Bhd's share price slid to a low of 91.5 sen on Tuesday after it posted net losses of RM15.62mil in the fourth quarter ended June 30, 2014 from RM4.04mil a year ago.

Analyst Reports 26 Aug 2014 | 9:55 AM

AmResearch keeps Buy call on Benalec, ups fair value

KUALA LUMPUR: AmResearch is maintaining its Buy call on Benalec Holdings with a revised fair value of RM1.25 a share from RM1.31 a share previously.

Analyst Reports 13 Jun 2014 | 9:09 AM

Affin Research maintains Trading Buy on Benalec

KUALA LUMPUR: Affin Research has maintained its Trading Buy on Benalec with a target price of RM1.98, hinging on its massive land reclamation concessions in Tanjung Piai and Pengerang.

Business 21 Mar 2014 | 9:45 AM

Affin Research maintains Trading Buy on Benalec

KUALA LUMPUR: Affin Research has maintained its Trading Buy on Benalec with a target price of RM1.98 based on a positive outcome in the signing of a definitive Sale and Purchase Agreement with 1MY Strategic Oil Terminal, and commencement of land reclamation works for the Tanjung Piai and Pengerang concessions in Johor.