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Trading ideas: Yinson, Astino, DXN, EcoFirst, Velesto, Nestcon, Maxim, Teladan and Steel Hawk

KUALA LUMPUR: Companies making headlines include Yinson, Astino, DXN, EcoFirst, Velesto, Nestcon, Maxim, Teladan and Steel Hawk, said Apex Securities Research.

Johor , Malaysia , Singapore , Brazil , Johor-bahru , Ayer-panas , Kuala-lumpur , Melaka , Petronas-carigali-sdn-bhd , Astino-bhd , Nestcon-bhd , Melaka-corp-mcorp

Velesto forecast to deliver robust earnings growth

Velesto Energy Bhd is expected to deliver strong earnings growth for the fourth quarter ended Dec 31, 2023 (4Q23) and 1Q24, thanks to higher jack-up drilling rig utilisation rates.

Petaling , Malaysia-general- , Malaysia , Carigali-sdn-bhd , South-east-asia , Petronas , Velesto-energy-bhd , Velesto-energy , Sdn-bhd , Middle-east , Borr-drilling , Corporate-news

Trading ideas: Perak Corp, UMW, Spritzer, Velesto, Tan Chong Motor, Guan Chong, UMediC, Heineken and Tiong Nam

Trading ideas: Perak Corp, UMW, Spritzer, Velesto, Tan Chong Motor, Guan Chong, UMediC, Heineken and Tiong Nam
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Kuala-lumpur , Malaysia , Ukraine , Russia , Sdn-bhd , Guan-chong , Advancecon-development-sdn-bhd , Perak-corp , Heineken , Umedic-group-bhd , Apex-securities-research , Silver-valley-technology-park

Bursa ends lower, tracking regional peers

Bursa Malaysia ended lower for the third consecutive day, tracking regional peers’ downbeat performance as market sentiments turned cautious ahead of the US Federal Reserve’s (Fed) monetary policy decision yesterday.

Kuala-lumpur , Malaysia , Tenaga-nasional-bhd , Kenneth-leong , Financial-services-index , Kanger-international-bhd , Group-holdings-bhd , Holdings-bhd , Public-bank-bhd , Velesto-energy-bhd , Energy-index , Services-index

Time appoints Mohd Shahreen Zainooreen Madros as director

KUALA LUMPUR: Time dotCom Bhd has appointed Ir Dr Mohd Shahreen Zainooreen Madros as independent and non-executive director effective Aug 8.

Cambridge , Cambridgeshire , United-kingdom , Kuala-lumpur , Malaysia , Mohd-shahreen-zainooreen-madros , Velesto-energy-bhd , Economic-transformation-program , University-of-london , University-of-cambridge , Prime-ministers , Adjunct-professor

Neutral on Velesto Energy's contract for drilling offshore Sarawak

KUCHING (July 12): Analysts are largely neutral on Velesto Energy Bhd (Velesto Energy) securing a US$13 million drilling contract from PTT Exploration and Production Plc (PTTEP) for its 2022 to 2023 exploration drilling programmes.

The group has assigned Naga 3 for this contract to drill two firm

Kuching , Sarawak , Malaysia , Malaysian , Petronas-carigali , Velesto-energy-bhd , Petronas , Production-plc , Kenanga-research , Kenanga-investment-bank-bhd-research , Velesto-energy , Kenanga-investment-bank-bhd

Westports shares up five sen in early trade

KUALA LUMPUR, June 2 ― Soon to be a FTSE Bursa Malaysia KLCI-linked counter, Westports Holdings Bhd saw its share price move up modestly in early trade today. At 10.10am, the...

Malaysia , Kuala-lumpur , Gamuda-bhd , Inari-amertron-bhd , Inari-amertron , Velesto-energy-bhd , Westports-holdings-bhd , Berjaya-corp-bhd , Malaysia-airports-holdings-bhd , Top-glove-corp-bhd , Fraser-neave-holdings-bhd , Mah-sing-group-bhd

Velesto Energy secures RM50mil well-drilling contract

KUALA LUMPUR: Velesto Energy Bhd said its sub-subsidiary Velesto Drilling Sdn Bhd has secured a contract from Vestigo Petroleum Sdn Bhd for the provision of a jack-up drilling rig.

Kuala-lumpur , Malaysia , Sdn-bhd , Vestigo-petroleum-sdn-bhd , Velesto-energy-bhd , Velesto-energy , Velesto-drilling-sdn-bhd , Bursa-malaysia , Corporate-news , Jack-up-rig , Oil-and-gas ,

Westports replaces Inari as FBM KLCI constituent

KUALA LUMPUR: Westports Holdings Bhd has been included in the FTSE Bursa Malaysia (FBM) KLCI following the semi-annual review of the FBM index series.

Malaysia , Kuala-lumpur , Inari-amertron-bhd , Scientex-bhd , Gamuda-bhd , Vitrox-bhd , Inari-amertron , Corp-bhd , Velesto-energy-bhd , Westports-holdings-bhd , Berjaya-corp , Mah-sing-group-bhd

Bursa opens marginally higher but retreats thereafter

Bursa Malaysia opened slightly higher on Wednesday (May 10) but subsequently retreated due to mild profit-taking in selected heavyweights, at the same time tracking the losses on Wall Street overnight as investors trade in a cautious mode ahead of key inflation reports later this week.

Kuala-lumpur , Malaysia , Salutica-bhd , Pak-leng , Tenaga-nasional-bhd , Sdn-bhd , Jade-marvel-group-bhd , Group-holdings-bhd , Nasdaq , Energy-index , Public-bank-bhd , Velesto-energy-bhd