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MPRC expects OGSE industry to rebound this year
KUALA LUMPUR: Malaysia’s oil and gas services and equipment (OGSE) industry is likely to see a rebound in 2021 after a setback in the last two years due to the Covid-19 pandemic and the swing in oil and gas prices on the back of increased production by shale producers in the United States.
MPRC expects OGSE industry to rebound this year
KUALA LUMPUR: Malaysia's oil and gas services and equipment (OGSE) industry is likely to see a rebound in 2021 after a setback in the last two years due to the COVID-19 pandemic and the swing in oil and gas prices on the back of increased production by shale producers in the United States.
Oil gushes to US$70 a barrel
PETALING JAYA: The unstoppable streak of the oil price rally may seem like the end of the tunnel is near for the oil and gas (O&G) sector.
Quick take: Hibiscus rises 5% as oil prices jump to 1-year high
KUALA LUMPUR: Shares in Hibiscus Petroleum Bhd rose over 5% in early trade Monday.
Quick take: O&G counters boosted by oil price rally
KUALA LUMPUR: Oil and gas (O&G) related counters attracted investors’ attention this morning as oil price rally continues.
Trading ideas: Hartalega, IGB Reit, Bioalpha, Key ASIC, KNM, Kerjaya
KUALA LUMPUR: JF Apex Research expects Hartalega Holdings Bhd, IGB Real Estate Investment Trust, Bioalpha Holdings Bhd, Key Asic Bhd, KNM Group Bhd and Kerjaya Prospek Group Bhd to be among the stocks to watch on Tuesday.
KNM’s indirect unit wins US deals
KUALA LUMPUR: KNM Group Bhd’s indirect wholly-owned subsidiary, FBM Hudson Italiana SpA (FBM), has entered into two agreements with Stamicarbon BV for the supply of a high-pressure carbamate condenser and stripper for a plant in the United States worth €6.14mil (about RM30.22mil).
KNM unit secures RM30mil supply job
KUALA LUMPUR: KNM Group Bhd said an indirect wholly owned subsidiary in Italy has secured a RM30mil contract to supply facility equipment intended for a plant in the US.
KNM plans new RM55mil private placement
KUALA LUMPUR: KNM Group Bhd has proposed to raise up to RM54.9mil by placing out new shares to investors
KNM plans new RM54.9mil private placement exercise
KUALA LUMPUR: KNM Group Bhd has proposed to raise up to RM54.9mil by placing out new shares to investors.
