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Business 24 Jul 2019 | 1:00 AM Premium

Affin Hwang upgrades MMHE on Kasawari contract win

KUALA LUMPUR: Affin Hwang Capital research has upgraded Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) to Hold from Sell and raised its target price to 83 sen on a long-term re-rating catalyst.

Business 26 Jan 2019 | 12:00 AM Premium

Surge in contracts from govt and private sector

OVER the last one week, a number of public-listed companies have announced contract wins. The surge is noticeable, considering that things had seemingly slowed down since the formation of the new government.

Business 10 Jan 2019 | 12:00 AM Premium

MMHE shares surge on Petronas job

PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) shares spiked in line with news of the group qualifying as a contractor to provide fixed offshore structure works to Petroliam Nasional Bhd (Petronas).

Business 19 Apr 2017 | 12:00 AM Premium

Analysts positive on MMHE’s contract win

PETALING JAYA: Analysts are positive on Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE)’s RM1bil contract win from Petronas Carigali, but its profit contributions is estimated to only start from financial year 2019 onwards.

Business 18 Apr 2017 | 12:39 AM Premium

Affin Hwang Research retains Buy for MMHE after RM1b contract

KUALA LUMPUR: Affin Hwang Capital Research is retaining its Buy call for loss-making Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) after it won a RM1b contract from Petronas Carigali.

Business 30 Jul 2016 | 12:00 AM Premium

Short position: TH Heavy, Gamuda and Genting

OVER a span of about two weeks, shares of loss-making TH Heavy Engineering Bhd (THHE) have shot up close to 240% on talk that it was poised to secure a sizeable contract making it one of the biggest gainers on Bursa Malaysia during that period.