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Company’s Q1 losses are likely a temporary setback
KUALA LUMPUR: Stocks that could see investor interest on Friday include Ancom, Nylex, IJM Corp, Lotte Chemical Titan, Bintai Kinden, MMHE, Pavilion, Samchem and AMMB.
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) posted a net loss of RM104.35mil for the first quarter ended March 31,2021 (Q121) due to operating losses from both marine and heavy engineering segments.
KUALA LUMPUR: Stocks to watch for on Thursday include MMHE, Tasco, Luxchem, Widad, CIMB and Telekom Malaysia, said JF Apex Research in its daily highlights.
PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) says the engineering, procurement, construction, transportation and installation, and hook-up and commissioning services (EPCIC) contract from SapuraOMV Upstream (Sarawak) Inc is worth RM1bil.
Analysts concur project will boost firm’s profitability
KUALA LUMPUR: Marine and Heavy Engineering Holdings Bhd’s (MMHE) rose over 5.8% in early trade after securing a contract from SapuraOMV Upstream Inc.
KUALA LUMPUR: Stocks that may see investor interest on Wednesday include Top Glove, Minda Global, MMHE, BIMB, UWC, ConnectCount, Jade Marvel and LYC Healthcare, according to JF Apex Research.