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Business

EG Industries 'hold', Berjaya Sports 'outperform', Icon Offshore 'sell', AirAsia 'reduce'

EG Industries: THE electronics manufacturing services company has benefitted from the ongoing trade tensions between United States and China to secure new box-build contracts which the management believes could rake in about RM1.5bil in FY20.

Business

Quick take: Icon Offshore shares lifted by PAC, Petronas Carigali contracts

KUALA LUMPUR: Icon Offshore Bhd shares rose 4.3% in early trade Monday in response to a series of contracts and a work order to provide vessels.

Business

Maybank Research retains sell on Icon Offshore

KUALA LUMPUR: Maybank Investment Bank Research is retaining its sell call on Icon Offshore with an unchanged target price versus its last traded price of 12 sen based on 0.9 times enterprise value/ replacement value.

Business

Trading ideas: Icon Offshore, Orion IXL

KUALA LUMPUR: JF Apex Research expects Icon Offshore Bhd and Orion IXL Bhd to be among the stocks to watch on Monday.

Business

Icon unit wins PAC, Petronas Carigali jobs

KUALA LUMPUR: Icon Offshore Bhd’s subsidiary secured a series of contracts and a work order to provide vessels to three petroleum arrangement contractors (PACs) and Petronas Carigali Sdn Bhd.

Business

Icon Offshore secures six contracts for provision of vessels

KUALA LUMPUR: Icon Offshore Bhd's subsidiary has secured a series of contracts for the provision of offshore support vessels (OSV) and a straight supply vessel.

Corporate News

Amir Hamzah appointed new CEO of TNB

PETALING JAYA: Tenaga Nasional Bhd (TNB) has announced the resignation of its president and CEO, Datuk Seri Azman Mohd, and the appointment of Amir Hamzah Azizan (pic) as the group’s new CEO.

Business

Amir Hamzah to head Tenaga Nasional

KUALA LUMPUR: Amir Hamzah Azizan will head Tenaga Nasional as its new president and chief executive officer with effect from April 2.

Business

Kenanga still ‘neutral’ on oil and gas sector from brownfield space

Kenanga says greenfield investments are less viable at low price level

Business

O&G counters on downtrend

PETALING JAYA: Tumbling crude oil prices against an oversupply backdrop have caused local oil and gas (O&G) related counters to slide.