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KUALA LUMPUR: The tide is turning in favour of MISC Bhd, bolstered by the group's expanding fleet in Brazil and the prospects of big contract wins.
KUALA LUMPUR: Shares of MISC rallied on Thursday after analysts turned more upbeat on the prospects of winning a few sizeable offshore jobs in the near term.
KUALA LUMPUR: Maybank Investment Bank Research believes growth prospects are bright for MISC as it sees a high probability of the company winning a few sizable offshore jobs in the near-term.
KUALA LUMPUR: AmInvestment Research upgraded its call on Sapura Energy (Sapura) to Buy from Hold with a higher fair value of 50 sen a share from an earlier 30 sen.
CHINCHWAD, India (Reuters) - Santosh Gurav gained a bachelor's degree in technology from a mid-tier college in western India last year, specialising in electrical engineering and hoping to land a job in industrial automation.
KUALA LUMPUR: SapuraKencana Petroleum Bhd has been awarded four engineering and construction contracts with a total value of about US$97.4mil (RM433.4mil).
KUALA LUMPUR: AmInvestment has upgraded its recommendation for Malaysia Marine and Heavy Engineering (MMHE) from Hold to a Buy with a higher fair value of RM1.25 a share from RM1 previously.
THE oil and gas (O&G) industry may be in vogue for investors, but Eversendai Corp Bhd’s foray into the sector has not really piqued investor interest. In May, Eversendai announced it had bagged contracts for the construction of two liftboats valued at RM580mil.
IN an environment where there is uncertainty on how the global markets will sway, fund managers and analysts make their stock picks:
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), Malaysia's state oil firm, has awarded a 13-package, five-year offshore hook-up, commissioning and maintenance services contract worth 10 billion ringgit (US$3.12 billion) to six local companies.