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MMHE partners Silverstream to support maritime decarbonisation agenda
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has signed a strategic agreement with Silverstream Technologies to facilitate retrofit opportunities for Silverstream’s air lubrication system and unlock technical and commercial knowledge sharing.
KKB and subsidiary secure RM23.7mil jobs
KUALA LUMPUR: KKB Engineering Bhd and its subsidiary have secured contracts with a combined value of about RM23.7mil.
KKB secures contracts valued at RM23.7mil
KUALA LUMPUR: KKB Engineering Bhd and its subsidiary have received contracts with a combined value of about RM23.7mil.
Petronas seen boosting capex on soaring prices
Move will benefit integrated companies in the industry
MMHE plans to expand into new territories
PETALING JAYA: It is going to be another challenging year for Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) as the rise in the Omicron variant may hamper oil demand recovery.
Trading ideas: Axiata, Maxis, Digi, Dialog, Cahya Mata Sarawak, MMHE, Tropicana Corp, Vizione, Icon Offshore and VS Industry
KUALA LUMPUR: Stocks to watch on Monday following recent corporate news announcements include Axiata, Maxis, Digi, Dialog, Cahya Mata Sarawak, MMHE, Tropicana Corp, Vizione, Icon Offshore and VS Industry, according to JF Apex Research.
MMHE's net loss narrows to RM270.41mil in FY21 on lower impairments
KUALA LUMPUR: A lower impairment loss for Malaysia Marine and Heavy Engineering Bhd (MMHE) in the financial year ended Dec 31, 2021, resulted in a narrower net loss of RM270.41mil compared to a net loss of RM396.8mil in the year before.
Investors prioritising ESG principles
OIL prices may be on the rise but so far that has had little impact on local oil and gas (O&G) counters. Bursa Malaysia’s Energy Index has declined 8% or 64 points to 735.59 points over the last one year.
Petronas activities set to support sector recovery
PETALING JAYA: The potential improvement in most of Petroliam Nasional Bhd’s (Petronas) key value chains in 2022-2024 is expected to lend support for a recovery in the local oil and gas services and equipment (OGSE) sector in 2022, say analysts.
MMHE posts 3Q net loss of RM23.88mil, maintains cautious outlook
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Bhd (MMHE) is cautious over its prospects as the current operating landscape remains uncertain amid the Covid-19 pandemic and rising commodities prices.