Refining margins are expected to remain weak in 2019 hampered by a low gasoline product spread. UMediC Group Bhd has received the nod from Bursa Securities and the Securities Commission Malaysia to list on Bursa Malaysias ACE Market.
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We maintain our forecasts and TP which is pegged to 9x FY19 PE.
. Petron Malaysias FY18 core earnings came below our expectations due to weak refining margins especially soft gasoline margins that stemmed from the oversupply in the global market. At Bursa Malaysia on Friday April 29 2022 Genting Bhds share price closed up 11 sen or 243 to close at RM463 for a market value of. Genting Malaysia Bhds.
The management team of the group to ensure effective day-to-day operational performance and organisational excellence Genting Singapore said. Genting Bhds 527-owned subsidiary Genting Singapore Ltd. The group is issuing 9722 million new shares of which 1869 million will be made available to the Malaysian public while 6544 million will be placed to selected investors.
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