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KUALA LUMPUR: PublicInvest research is positive on the the Energy Commission's request for porposals to develop the third round of large scale solar (LSS) projects.
KUALA LUMPUR: Mega First Corp Bhd's Laos hydropower project is in the final stage of completion with the first turbine installation in March followed by the energy test in June-July.
PETALING JAYA: The weak third quarter corporate earnings surprised many brokers for the missed estimates and signalled a step back in the earnings growth of the companies in the FBM KLCI this year. The poor showing by corporate Malaysia in the third quarter has prompted many research houses to trim their targets and outlook for earnings as they take a cautious stance for 2019.
KUALA LUMPUR: Budget 2019 will likely have a short-term negative effect given its impact on a number of key sectors, says PublicInvest Research.
KUALA LUMPUR: Stocks to watch for on Wednesday include Key Asic, GDex, Malakoff, DRB-Hicom and Mega First Corp, said JF Apex Research.
PETALING JAYA: The Arbitral Tribunal has directed Sabah Electricity Sdn Bhd to pay compensation to Mega First Corp Bhd’s (MFCB) power generation subsidiary Serudong Power a total of RM28.79mil.
KUALA LUMPUR: The Arbitral Tribunal has ordered Sabah Electricity Sdn Bhd to compensate Mega First Corporation Bhd’s power generation subsidiary Serudong Power Sdn Bhd a total of RM28.79mil as compensation.
KUALA LUMPUR: PublicInvest Research expects Mega First Corp Bhd to announce steady Q2 results on the back of higher construction revenue from the Don Sahong Hydropower project in Laos.
PETALING JAYA: Mega First Corp Bhd’s financials remain intact despite the recent collapse of a dam near the company’s hydroelectric power plant in Laos, according to its management.