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PETALING JAYA: Liquified natural gas (LNG) carrier MISC Bhd has secured three long-term charter contracts amounting to US$245mil (RM1.02bil).
KUALA LUMPUR: The rally in crude palm oil (CPO) prices underpinned the plantations advance and helped lift the FBM KLCI while the broader market perked up in line with the key Asian markets on hopes of a US-China trade deal.
KUALA LUMPUR: The FBM KLCI sustained its rebound for a second day as tensions eased over the possibility of US-China trade talks getting derailed.
KUALA LUMPUR: MISC Bhd's unit AET Tanker Holdings Sdn Bhd has secured three long-term time charter contracts from Brazil Shipping I Ltd valued at US$245mil (RM1.02bil).
KUALA LUMPUR: Blue chips managed to reverse out of the early losses on Friday as fund buying of Sime Plantation and KL Kepong provided an upbeat outlook, in line with key Asian markets.
KUALA LUMPUR: Malaysian energy shipper MISC Bhd will bid for US$6bil of contracts next year, as surging demand for transportation of liquefied natural gas helped it beat all other stocks in the country’s benchmark index.
KUALA LUMPUR: Renewed investor interest in Tenaga Nasional helped the FBM KLCI to close off Wednesday's low despite losses in some banks and telcos while key Asian markets remained in a sea of red.
GEOJE (South Korea): Petroliam Nasional Bhd (Petronas), which is the only company to own and operate two floating liquefied natural gas (FLNG) vessels, is all set for a third one if there is demand.
KUALA LUMPUR: UOB Kay Hian Malaysia Research has added IJM Plantations (IJMP) and Genting Malaysia to its December 2019 alpha picks as it expects a listless month and not much window dressing.
KUALA LUMPUR: Bursa Malaysia wrapped up the last trading day of November on a disappointing note on Friday as Tenaga Nasional slumped on a whopping tax bill of RM3.98bil.