Maintain sell with an unchanged fair value (FV) of RM17.50: We maintain our “sell” recommendation for Petronas Gas Bhd (PetGas) with an unchanged sum-of-parts-based FV of RM17.50 per share, which implies a financial year 2018 forecast (FY18F) price-earnings ratio (PER) of 18 times, a 20% discount to the two-year average of 23 times.
Read moreKUALA LUMPUR: The Incentive Base Regulation (IBR) framework, which offers transparency and an efficiency-driven reward system, is positive for both Petronas Gas and end-users, says Kenanga research.
Read moreKUALA LUMPUR: Petronas Gas Bhd (PetGas) has entered into the second term of the Gas Processing Agreement (GPA) with Petronas, which will commence today and continues until Dec 31, 2023.
Read moreKUALA LUMPUR: Petronas Gas Bhd (PGB) memasuki penggal kedua Perjanjian Pemprosesan Gas (GPA) bersama PETRONAS yang akan bermula esok dan berlanjutan hingga 31 Disember 2023.
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