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KUALA LUMPUR: Stocks to watch on Monday include Icon Offshore Bhd, Sapura Energy Bhd, Amanah Harta Tanah PNB (AHP), Scientex Bhd and Ho Wah Genting Bhd, according to JF Apex Research.
With Petronas Nasional Bhd (Petronas) reporting a loss after tax of RM21bil for the second financial quarter ended June 30,2020, the outlook for service providers in Malaysia looks even more glum. Local players, however, chose to remain upbeat while acknowledging that the negative impact would be felt by some players.
Partnership is to implement remote monitoring system
KUALA LUMPUR: Icon Offshore Bhd, via its wholly-owned subsidiary Icon Ship Management Sdn Bhd, has entered into a strategic collaboration with Sime Darby Industrial Sdn Bhd (SDISB) in a pilot project to instal the region’s first CAT Remote Fleet Vision (RFV) on board its vessel named Zara.
KUALA LUMPUR: Shares in Icon Offshore Bhd rose in early trade Tuesday after the company said it is currently in talks with Perisai Petroleum Teknologi Bhd for the latter’s jack-up rig business.
KUALA LUMPUR: JF Apex Research expects AirAsia Group Bhd, Kossan Rubber Industries Bhd, CB industrial Product Bhd, Khee San Bhd, Yinson Holdings Bhd and Icon Offshore Bhd to be among the stocks to watch on Tuesday.
KUALA LUMPUR: Icon Offshore Bhd confirms it is in talks with Perisai Petroleum Teknologi Bhd to buy a subsidiary which owns and operates a jack-up rig.
KUALA LUMPUR: Icon Offshore Bhd confirmed it is in talks with Perisai Petroleum Teknologi Bhd to buy a subsidiary which owns and operates a jack-up rig.
PETALING JAYA: Icon Offshore Bhd is buying a subsidiary of Perisai Petroleum Bhd that owns and operates a jack-up rig known as Perisai Pacific 101 (PP101) at a price tag of US$40mil (RM173mil), according to sources