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Trading ideas: Tiong Nam, Karex, KPower, IOI Properties, Pos, PetGas
KUALA LUMPUR: Stocks to watch on Tuesday include Tiong Nam Logistics Holdings Bhd, Karex Bhd, KPower Bhd, IOI Properties Group Bhd, Pos Malaysia Bhd and Petronas Gas Bhd, according to JF Apex Research.
PetGas earnings to stay resilient
KUALA LUMPUR: Petronas Gas Bhd's earning resiliency will continue over the next two years until the Regulatory Period 1 ends in 2022, says Kenanga Research.
PetGas to construct new pipeline
KUALA LUMPUR: Petronas Gas Bhd (PetGas) will be constructing and installing a 42-km long gas pipeline costing RM541mil which links from its existing Peninsular Gas Utilisation (PGU) II to a power plant in Pulau Indah, Selangor.
PetGas posts net profit of RM503.35mil
KUALA LUMPUR: Petronas Gas Bhd posted an improved net profit of RM503.35mil in the fourth quarter ended Dec 31,2020,3.7% higher than RM485.27mil in the previous corresponding quarter.
PetGas post net profit of RM503.35mil, div of 27 sen/share
KUALA LUMPUR: Petronas Gas Bhd posted an improved net profit of RM503.35mil in the fourth quarter ended Dec 31, 2020, 3.7% higher than RM485.27mil in the previous corresponding quarter.
PetGas poised to gain from potentially higher natural gas usage
PETALING JAYA: Petronas Gas Bhd (PetGas) is emerging as a potential environmental, social and governance (ESG) rotation play, according to CGS-CIMB Research.
KLCI closes lower on Maybank, Maxis, PetGas losses
KUALA LUMPUR: Maybank, Maxis and Petronas Gas weighed on the FBM KLCI on Monday on concerns about the impact of the new stricter measures under the Movement Control Order to be announced at 6pm.
Petronas Gas extends steam supply to Polyplastics
PETALING JAYA: Petronas Gas Bhd (PetGas) has extended its steam supply to Japanese-owned Polyplastics Asia Pacific Sdn Bhd (PAP), the new business secured following an agreement sealed last year.
