Media Centre

Reaffirm outperform recommendation with an unchanged target price (TP) of RM2.15: We visited Dialog Group Bhd’s Pengerang Deepwater Terminal (PDT) recently, and are encouraged by the positive progress updates. The group’s next milestone ­— SPV3, the RM2.7 billion Liquefied Natural Gas (LNG) regasification facilities in which it has partnered with Petronas Gas Bhd and the Johor State — has completed pre-commissioning tests and will be receiving its first cargo on Aug 26, 2017, ahead of the initial completion date targeted for end-2017.

KUALA LUMPUR: Independent power producer (IPP) Tanjung Bin Power Sdn Bhd's credit metrics are expected to stay solid with strong cash balances, says RAM Ratings. It said on Friday, Tajung Bin's minimum finance service coverage ratio (FSCR) – with cash balances, post-distribution and calculated on repayment dates – was at 1.65 times for the remaining tenure of the Sukuk Ijarah programme of up to RM4.5bil in nominal value (2012/2029).

KOTA TINGGI: The National Institute of Occupational Safety and Health (NIOSH) yesterday opened a new office in Pengerang, bringing the total number of NIOSH offices and branches to 15, nationwide.

Tarikh Jangka Siap Projek Infrastruktur dan Kemudahan Awam di PIPC