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KUALA LUMPUR: Kenanga Investment Bank Research has upgraded Yinson Holdings Bhd to "outperform" as it expects the group to secure at least one new contract during the year.
PETALING JAYA: A combination of better earnings and ample liquidity is what will drive the local equity market higher this year.
KUALA LUMPUR: Bursa Malaysia started the new year of 2021 on a subdued note, with selling pressure seen in glove makers Hartalega, Supermax and Top Glove which are part of the 30-stock FBM KLCI.
KUALA LUMPUR: Stocks to watch on Monday include Yinson Holdings Bhd, MTD ACPI Engineering Bhd, KTG Bhd, Komarkcorp Bhd, Johan Holdings Bhd, Wegmans Holdings Bhd and Lambo Group Bhd, according to JF Apex Research.
KUALA LUMPUR: Yinson Holdings Bhd’s (Yinson) wholly-owned subsidiary, Yinson Renewables (S) Pte Ltd, has completed its acquisition of an additional 57.5% equity interest in Rising Sun Energy Pte Ltd (RSE).
KUALA LUMPUR: Yinson Holdings Bhd's (Yinson) wholly-owned subsidiary,Yinson Renewables (S) Pte Ltd, has completed its acquisition of an additional 57.5 per cent equity interest in Rising Sun Energy Pte Ltd (RSE).
PETALING JAYA: Decent tender visibility for the coming year bodes well for energy solutions provider Yinson Holdings Bhd amid growing expectation of a recovery in the economy.
PETALING JAYA: Yinson Holdings Bhd’s net profit for the third quarter ended Oct 31,2020 doubled to RM100.73mil from RM53.98mil a year earlier, lifted by its engineering, procurement, construction, installation and commission segment.