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KUALA LUMPUR: Kenanga Research maintained its Outperform call on Petronas Gas Bhd as it expects the upcoming Third Party Access (TPA) framework to have a neutral impact to the group as it does not impact the public, directly given that it deals only with businesses.
KUALA LUMPUR: Petronas Gas Bhd's Q2 net profit rose nearly 20% to RM509.33mil from RM425.33mil in the previous corresponding quarter as group revenue was boosted by the new LNG regasification terminal in Pengerang, Johor.
KUALA LUMPUR: Blue chips struggled early Thursday after the selloff the previous day and with the 14th General Election looming, investors remained risk adverse.