You have searched for "PublicInvest"
Showing 871-880 of 947
KUALA LUMPUR: UEM Sunrise Bhd and Kuala Lumpur Kepong Bhd are pooling their resources to develop 1,215ha of each other’s landbank in Johor’s Iskandar Malaysia with a total gross development value of RM20bil.
KUALA LUMPUR Kepong Bhd’s management, according to PublicInvest Research, forecast 8% to 10% fresh fruit branches (FFB) production growth this year following an 11% year-on-year expansion in financial year 2013 (FY13). It said this meant FFB production of 3.89 million tonnes to 3.97 million tonnes for this year, which it added was higher than its earlier estimates of a 6% FFB production growth.
RHB Research said M1’s fair value treatment on the iPhone had clearly worked in its favour, contributing to the higher earnings before interest, tax, depreciation and amortisation margin quarter-on-quarter
SCOMI Energy Services Bhd has been awarded two contracts in Myanmar worth a combined RM90mil by Petronas. The contracts are from Petronas Carigali Myanmar Inc (PCMI) and Petronas Carigali Hong Kong Ltd (PCML) for the provision of drilling fluids, solid control, well bore clean-out, drilling waste management equipment, materials and services.
PERISAI Petroleum Teknologi Bhd announced on Tuesday that it had entered into a rig-construction contract with PPL Shipyard Pte Ltd to build a third jack-up rig for US$211.5mil (RM653.5mil).
The Government and Port Klang Authority (PKA) has extended Westports Holdings Bhd concession period for a period of 30 years. Kenanga Research says the announcement is not a surprise given Westports’s operational excellence better than average cargo handling efficiency in the past 10 years.
HwangDBS Vickers Research estimates that Bursa is still sitting on RM400mil excess cash after setting aside RM265mil for FY13 dividends. It said management indicated the excess cash was reserved for business expansion and higher allocation for clearing guarantee funds.
KUALA LUMPUR: PublicInvest Research has maintained its Outperform on Kian Joo with an unchanged target price of RM3.64, it said on Wednesday.