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More O&G contract flow seen in second half
PETALING JAYA: More contracts are expected to be awarded in the oil and gas (O&G) sector in the second half of this year despite crude oil price rallying more than 75% since last November to above US$64 per barrel.
Better earnings expected for Bumi Armada on improved fundamentals
KUALA LUMPUR: With a surprisingly strong finish to 2020, Bumi Armada Bhd could potentially see better earnings this year on the back of improved fundamentals.
Bumi Armada still plagued by weak non-FPSO cash flows
KUALA LUMPUR: Bumi Armada Bhd’s extension of the final maturity date for its Tranche 1 facility to Nov 23,2022 from May 2021 previously has not sat well with analysts.
Bumi Armada secures debt extension
KUALA LUMPUR: Bumi Armada Bhd has secured an extension of the final maturity date for Tranche 1, consisting of US$260mil (RM1.05bil), under term loan facilities worth US$660mil (RM2.67bil).
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.