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Laos hydropower project 80% complete

PETALING JAYA: Mega First Corp Bhd’s Laos hydropower project is in the final stage of completion with the first turbine installation in March followed by the energy test in June-July.

Mega First's Laos hydropower project in final stage of completion

KUALA LUMPUR: Mega First Corp Bhd's Laos hydropower project is in the final stage of completion with the first turbine installation in March followed by the energy test in June-July.

Mega First expected to deliver steady Q2 earnings

KUALA LUMPUR: PublicInvest Research expects Mega First Corp Bhd to announce steady Q2 results on the back of higher construction revenue from the Don Sahong Hydropower project in Laos.

Mega First FY17 net proft jumps to RM157.7mil

KUALA LUMPUR: Mega First Corporation Bhd's net profit for the financial year 2017 (FY17) ended Dec 31, 2017 jumped 36.5% to RM157.71mil from FY16's RM115.56mil on the back of a strong performance by its power division.

‘Outperform’ call on Mega First maintained

PETALING JAYA: Public Investment Bank Research (PIB Research) has reiterated its “outperform” call on Mega First Corp Bhd, mainly driven by the stronger construction progress at the latter’s Don Sahong Hydropower project in Laos and a downward revision in the total project cost.

Public Invest Research retains Outperform for Mega First

KUALA LUMPUR: Public Investment Bank Research (PIVB) is maintaining its Outperform call with an unchanged target price of RM4.48 for Mega First Corporation Bhd.

Mega First to exit power plant JV as China clamps down on pollution

KUALA LUMPUR: Mega First Corp Bhd will no longer profit from a China-based power generation subsidiary that accounted for 21% of its group earnings last year, as it is ending a Sino-foreign cooperative joint-venture agreement with Qixian Heat & Power Co Ltd.

Trading ideas: Muhibbah, AWC, Mega First, KNM

KUALA LUMPUR: Muhibbah Engineering, AWC, Mega First and KNM are among the stocks to watch on Wednesday after their latest corporate news, says JF Apex Research.

Mega First unit gets RM635mil loan for Laos hydro power project

PETALING JAYA: Mega First Corp Bhd has secured loan facilities totalling US$150mil (RM634.87mil) to part finance the building of its Don Sahong hydropower project in Laos.