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Asian LNG prices hit over 4-month high
SINGAPORE: Asian spot liquefied natural gas (LNG) prices jumped to a more than four-month high this week, tracking firmer gas prices in Europe and the United States, and as major cities in North Asia face warmer-than-usual weather potentially boosting demand.
Asian LNG prices hit over 4-month high on firm Europe, U.S. gas prices
SINGAPORE: Asian spot liquefied natural gas (LNG) prices jumped to a more than four-month high this week, tracking firmer gas prices in Europe and the United States, and as major cities in North Asia face warmer-than-usual weather potentially boosting demand.
Myanmar parliament approves ADB loans to promote rural electrification
NAY PYI TAW, July 28 (Xinhua): Myanmar parliament approved to get US$171.27mil of loan from the Asian Development Bank (ADB) for the projects on promoting rural electrification.
PetGas free cash flow sufficient to sustain PE valuation
PETALING JAYA: Petronas Gas Bhd’s (PetGas) strong free cash flow generation of RM1.5bil per year will be sufficient to sustain its current price-to-earnings valuation.
UOB Kay Hian Research retains Hold for MMHE, TP 37 sen
KUALA LUMPUR: UOB Kay Hian Malaysia Research is retaining its Hold call for Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) as it lowered the target price from 40 sen to 37 sen.
MMHE posts 2Q net loss of RM397m on impairments
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) posted wider net losses of RM397.02mil in the second quarter ended June 30,2020 due to an impairment loss of RM300mil.
Covid-19: S'wak seeing second wave with 10 new cases, says Deputy Chief Minister
KUCHING: Sarawak is seeing a second wave of Covid-19 infections with 10 new cases reported on Friday (July 17), says Datuk Amar Douglas Uggah.
Better prospects for MISC
Firm to be third VLEC owner globally after Mitsui OSK, Evergas
Kenanga keeps 'outperform' on MISC, raises TP to RM8.90
KUALA LUMPUR: Kenanga Investment Bank Research is positive over MISC Bhd's newly secured 15-year firm period charter contract for six new very large ethane carrier vessels, valued at US$726mil.
MISC ventures into global ethane market
Group buys six very large ethane carriers for RM3.09bil
