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Business 01 May 2018 | 12:00 AM

PetGas cuts capex to RM1.3bil

KUALA LUMPUR: Petronas Gas Bhd (PetGas) is reducing its capital expenditure slightly to RM1.3bil this year from RM1.4bil allocated last year, chairman Datuk Mohd Anuar Taib said.

Markets 23 Apr 2018 | 10:07 AM

KLCI closes lower as Maybank, PetGas, CIMB slip

KUALA LUMPUR: Bursa Malaysia joined most key Asian markets to end Monday on a cautious note as they remained wary following the rise in US Treasury yields which rose to the highest since Janaury 2014.

Corporate News 26 Feb 2018 | 6:38 AM

PetGas posts RM486.7mil profit in Q4, proposes 19 sen dividend

KUALA LUMPUR: Petronas Gas Bhd (PetGas), which posted a 4.6% increase in net profit to RM486.69mil in the fourth quarter ended Dec 31, 2016, has declared a fourth interim dividend of 19 sen per share amounting to RM376mil.

Markets 19 Feb 2018 | 9:32 AM

PetGas underpins KLCI advance and closes above key 1,850

KUALA LUMPUR: The rally in crude oil prices helped power Petronas Gas and other oil and gas (O&G) stocks on Monday and pushed the FBM KLCI comfortably over the key 1,850 level which sentiment was also boosted by key Asian markets.

Markets 05 Feb 2018 | 9:58 AM

Broad selling across Asian, European markets, KLCI dn 17 points

KUALA LUMPUR: Asian and Europeans equities markets fell on Monday as investment sentiment was impacted by higher US bond yields and worries the US Federal Reserve could hike interest rates.

Markets 30 Jan 2018 | 4:49 AM

Maybank, PetGas weigh on KLCI

KUALA LUMPUR: The FBM KLCI snapped gains in Tuesday's morning session, falling alongside other Asian markets on the Wall Street's weaker performance overnight.

Markets 24 Jan 2018 | 1:39 AM

KLCI wobbles early Wednesday as PetGas falls, ringgit up

KUALA LUMPUR: Blue chips got off to a cautious start on Wednesday with profit taking seen in Petronas Gas and Genitng Bhd while DrB-Hicom gave up part of its previous day’s gains when it streaked to a 20-year high.

Markets 22 Jan 2018 | 1:37 AM

Bursa Malaysia climbs early Monday, PetDag underpins gains

KUALA LUMPUR: Bursa Malaysia advanced early Monday, underpinned by gains in Petronas Dagangan and Hong Leong Bank while the broader market was also firmer.

Business 20 Jan 2018 | 12:00 AM

Genting Group tops list of cash-rich companies

A healthy cash position is an important indicator to evaluate whether a company’s financials are sound to withstand any unforeseen shocks.

Markets 19 Jan 2018 | 9:30 AM

Blue chips rebound on PetGas, Tenaga gains

KUALA LUMPUR: Blue chips recouped their previous day's losses on fund buying of Petronas Gas, Tenaga Nasional and Genting Malaysia on Friday while the broader market improved.