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KUALA LUMPUR: The FBM KLCI slumped to its lowest in over seven weeks on Friday led by losses at key index-linked stocks including Kuala Lumpur Kepong (KLK), Petronas Dagangan (PetDag) and Press Metal.
KUALA LUMPUR: Bursa Malaysia saw a follow through selling pressure on Tuesday, pushing the FBM KLCI lower for the third straight session.
KUALA LUMPUR: Petronas Dagangan Bhd (PetDag) said it plans to sell its liquefied petroleum gas (LPG) business to PetrosNiaga Sdn Bhd (PNiaga) and subscribe to a 49 per cent stake in PNiaga as part of a business transfer and share subscription agreement (BTSSA) with PNiaga and Petroleum Sarawak Bhd (PETROS).
KUALA LUMPUR: Petronas Dagangan Bhd’s (PetDag) net profit jumped 53.8% to RM137.19mil in the fourth quarter ended Dec 31, 2021 (4Q21) from RM89.21mil a year ago.
PETALING JAYA: Petronas Dagangan Bhd’s (PetDag) mobile refuelling service ROVR introduction of its first mini portable container system (PCS) in Sabah is expected to support the group’s portfolio performance in the long run.
KUALA LUMPUR: The FBM KLCI climbed modestly in muted trading on Christmas eve.
PETALING JAYA: Petronas Dagangan Bhd’s (PDB) partnership with Petroleum Sarawak Bhd (Petros) is expected to strengthen PDB’s portfolio performance for the coming years, or until the 10-year plan of Sarawak Gas Roadmap (SGR) expires.
KUALA LUMPUR: Stocks that could see investor interest on Monday include Brem, IGB, Malakoff, AMMB, Alliance Bank, IOI Properties, Time dotcom, Press Metal, Sarawak Oil Palm, Padini, UOA Development, Hengyuan, Careplus, Pestech, KPJ Healthcare, SKP Resources, PetDag and Rubberex, according to JF Apex Research.
KUALA LUMPUR: Petronas Dagangan Bhd (PetDag) has entered into six additional sale and purchase agreements with PETCO Trading Labuan Company Ltd (PTLCL) in relation to the selling of working inventory and deadstock in the storage tank at selected PDB fuel terminals for RM34.78mil.