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Quick take: O&G counters rise as crude oil prices soar
KUALA LUMPUR:Oil and gas (O&G) related counters saw gains this morning as oil futures rallied by nearly 5% on Tuesday.
RHB maintains ‘buy’ on Bumi Armada
KUALA LUMPUR: RHB Research reiterated its “buy” recommendation on Bumi Armada Bhd on improved earnings and cash flow visibility, underpinned by stable FPSO contributions masking weaker offshore marine service weakness.
RHB maintains 'buy' on Bumi Armada
KUALA LUMPUR: RHB Research reiterated its "buy" recommendation on Bumi Armada Bhd on improved earnings and cash flow visibility, underpinned by stable FPSO contributions masking weaker offshore marine service weakness.
Bursa announces 4 inclusions into F4GBM index
KUALA LUMPUR: AirAsia Group Bhd, Eco World Development Group Bhd, Hibiscus Petroleum Bhd and KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust-stapled securities have been added to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index
Bursa Malaysia adds AirAsia, Eco World and two others in ESG index
KUALA LUMPUR (Bernama) - AirAsia Group Bhd, Eco World Development Group Bhd, Hibiscus Petroleum Bhd and KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust-stapled securities have been added to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index.
Quick take: Oil and gas counters boosted by oil price optimism
KUALA LUMPUR: Oil and gas (O&G) related counters dominated the list of most active stocks on the local bourse in early trade Tuesday as oil prices hit a two-month high.
Bumi Armada Q3 profit lower at RM85.62mil
KUALA LUMPUR: Bumi Armada Bhd’s net profit fell by 44% to RM85.62mil in the third quarter ended Sept 30 due to lower operating profit and impairments compared with net profit of RM153.37mil a year ago.
Bumi Armada 3Q net profit lower at RM85.62mil
KUALA LUMPUR: Bumi Armada Bhd's net profit fell by 44% to RM85.62mil in the third quarter ended Sept 30 due to lower operating profit and impairments compared with net profit of RM153.37mil a year ago.
Former MCMC chairman Halim Shafie joins Axiata board
KUALA LUMPUR (Bernama) -- Axiata Group Bhd has announced the appointment of former Malaysian Communications and Multimedia Commission (MCMC) chairman Tan Sri Dr Halim Shafie as an independent director effective Nov 1.
Mixed views on Bumi Armada despite job extension
PETALING JAYA: Although Bumi Armada Bhd has received a contract extension worth billions of ringgit, analysts have mixed views due to the company’s debt level and the overall challenging outlook for the oil and gas industry.
