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LOW profile Pantech Group Holdings Bhd expects to maintain its strong momentum going into its financial year 2019 (FY19), largely driven by improving market conditions both locally and internationally.
PETALING JAYA: Pantech Group Holdings Bhd has turned out to be the first Malaysian casualty of the intensifying trade war between the United States and China, with the company projecting a 20% decline in revenue for the remaining nine months of its financial year ending Feb 28, 2019.
KUALA LUMPUR: Shares in Pantech Group Holdings Bhd rose over 2.6% in early trade Wednesday following the resumption of its exports to the US.
RHB Research is maintaining a Buy call on Pantech Group Holdings with a fair value of RM1.43.
PETALING JAYA: Pantech Group Holdings Bhd stands a good chance to win up to RM1.7bil worth of jobs in relation to the oil and gas (O&G) downstream activities at the Pengerang Integrated Petroleum Complex (PIPC), Alliance Research says.
KUALA LUMPUR: Shares in Pantech Group Holdings Bhd tumbled 9% in early trade Friday after the company warned that it could see a 20% reduction in revenue due to trade war.
Pantech Group Holdings Bhd expects minimal impact from the US Government's move to continue with the anti-dumping suit on welded stainless steel pipes from Malaysia, Vietnam and Thailand.
PETALING JAYA: Pantech Group Holdings Bhd is willing to take the anti-dumping suit lobbed against it in the US all the way to the International Trade Commission.
KUALA LUMPUR: Pantech Group Holdings Bhd’s (Pantech) net profit for the financial year ended Feb 28, 2018, jumped to RM45.52mil from RM28.4mil recorded previously.
KUALA LUMPUR: Pipes and fittings maker Pantech Group Holdings Bhd is not yet certain how it would benefit from Petroliam Nasional Bhd's multi-billion-ringgit RAPID project.