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KUALA LUMPUR: Dayang Enterprise Holdings Bhd, MISC Bhd, Kossan Rubber Industries Bhd, Hengyuan Refining Co Bhd, Petronas Chemicals Bhd and Malaysian Pacific Industries (MPI) are among the stocks to watch on Monday, according to JF Apex Research.
PETALING JAYA: Petronas Chemicals Group Bhd’s (PetChem) acquisition of Dutch firm Da Vinci Group BV gives it immediate entry into the growing silicone business and will allow it to command higher and more stable profit margins.
KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) shares fell in early trade Friday after the group said it would pay RM760.8mil for Dutch firm Da Vinci Group BV.
KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem), Perdana Petroleum Bhd, Pharmaniaga Bhd, Carlsberg Brewery Malaysia Bhd and AirAsia X Bhd are among the stocks to watch on Friday, according to JF Apex Research.
KUALA LUMPUR: AirAsia Group Bhd, Petronas Chemicals Group Bhd, Sime Darby Plantation Bhd (SDP), Wah Seong Corp Bhd and Scientex Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) plans to spend RM2.6bil to RM2.7bil in capital expenditure (capex) this year, with the bulk of it allocated for its targeted plant turnaround exercise and to finance the group’s growth strategies.
KUALA LUMPUR: Shares of Petronas Chemicals Group Bhd (PetChem) and Dialog Group Bhd fell on Friday after a fire and explosion occurred at the Pengerang Integrated Complex in Johor.
KUALA LUMPUR: A tough first quarter (Q1FY19) is expected for Petronas Chemicals as a lower average selling price (ASP) eats into the company’s margins. In particular, all ethylene chain chemicals are exhibiting severe weakness due to the abundance of US exports into the region, according to Maybank Investment Bank Research.