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KUALA LUMPUR: Maybank Investment Bank Research says it continues to adopt a broadly defensive investing strategy as the equity market continues to contend with multiple external and internal earnings headwinds.
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.
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.
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.
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.
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.
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.
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.
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.
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.