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PETRONAS Gas Bhd (PetGas) is expected to deliver stable revenue in the fourth quarter of 2015 as most of its capacity is effectively underwritten by its parent, Petronas, according to CIMB Research.
KUALA LUMPUR: Petronas Gas Bhd (PetGas) chairman Tan Sri Shamsul Azhar Abbas has resigned effective Jan 1, 2017, and Petroliam Nasional Bhd (Petronas) executive vice-president and chief executive officer (upstream) Datuk Anuar Taib will take over his position.
KUALA LUMPUR: AMMB Holdings Bhd, Petronas Dagangan Bhd (PetDag), Petronas Gas Bhd (PetGas), Tenaga Nasional Bhd, Hong Leong Bank Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
KUALA LUMPUR: Profit taking of PetGas, IOI and IHH at the last minute drove the FBM KLCI to a lower close on Tuesday ahead of the Chinese New Year celebrations, but the broader market was firmer.
PETALING JAYA: Petronas Gas Bhd (PetGas) posted a 45% jump in net profit to RM571.3mil for its fourth quarter ended Dec 31, 2014, up from RM393.7mil a year earlier, in line with improved utilities revenue as a result of higher customer offtake and an upward electricity tariff revision.