Manufacturing Compo
Manufacturing Companies in Malaysia
HwangDBS Vickers Research anticipates the Gas Malaysia's growth will be driven by the non-power segment, specifically the manufacturing sector. The research house stated the ever increasing manufacturing activities ...
Manufacturing Companies in Malaysia
Property developer Plenitude is expecting to achieve RM300 million Gross Development Value (GDV) sales for the financial year ending 30 June 2013 despite delays in its property launches. According to executive chairman Elsie Chua, 638 units of residential properties will be launched by next year which carries a total GDV of RM313 million. Plenitude is ready to launch two phases in Puchong, serviced apartments in Johor Bahru and one more in Sungai Petani. It is however, still waiting for approval. Plenitude’s recent RM33 million acquisition of land in Komtar, Penang that would be developed into a mixed commercial project has drawn some attention to the company. As at 30 June 2012, Plenitude’s land bank size stood at around 1,797 acres while total current and future GDV is approximately RM6.3 billion. Furthermore, the company has a strong cash and cash equivalents of RM355.4 million and zero borrowings with net asset per share currently at RM3.13.
Significance: Plenitude is currently in a net cash position with no gearing making it favourable for the company to increase its land bank for future development, especially during this uncertain time in the economy.
SapuraKencana Petroleum and Seadrill have entered into a non-binding memorandum of understanding to combine and integrate both companies’ tender rig businesses. SapuraKencana will take over the rigs business including the full tender rig organisation for an enterprise value of US$2.9 billion. Conversely, Seadrill will receive a minimum of US$350 million new shares of SapuraKencana which represents a 6.4 percent increase stake in SapuraKencana. The enlarged tender rig business will comprise 16 tender rigs in operation and an additional five units which is currently under construction. Besides that, SapuraKencana will also be able to manage another three tender rigs which are not included in the deal. Seadrill said the total order backlog amounts to US$1.6 billion as of end of October 2012. The majority of the operating rigs are currently deployed in Southeast Asian waters and out of the 15 operating rigs, nine are barges and six are semi-tenders which are capable of operating in water depths of up to 6,500 feet, it added.
Significance: The deal will further strengthen SapuraKencana’s bottom line as it provides more exposure to a higher margin drilling segment as well as expanding the company’s reach accessing to new cross selling opportunities.
HwangDBS Vickers Research anticipates the Gas Malaysia’s growth will be driven by the non-power segment, specifically the manufacturing sector. The research house stated the ever increasing manufacturing activities where natural gas is an essential input to run boilers, furnaces and ovens will boost demand. The industrial sector which is the largest consumer of natural gas, accounts for almost 80 percent by non-power end-users and registered 17.7% compounded growth rate from 1990 to 2008, the research house stated in a note. The gas company has received approval from the government to increase its maximum supply limit to 5 million cubic feet per day (mmcfd) per customer from the current 2 mmcfd per customer. With this development, the gas company is poised to gained more market share in the future.
Significance: Consumption of natural gas in Malaysia has grown from about 315 billion cubic feet (bcf) in 1990 to an estimated 1,260 bcf in 2010, although supply has been in constraint since 2007. However, it is expected to grow with new supply coming on stream. Currently, Gas Malaysia has secured a new gas supply agreement with PETRONAS, which would ensure a sustainable gas supply until 2022.
The Shares Investment editorial team welcomes constructive feedback on our coverage and content. We would also be delighted to answer any questions on the above article. Leave us a comment below, and we'll get back to you shortly!
Since July 1995, Shares Investment has been well-acclaimed by both the investing public and local stock-broking houses such as UOB-Kay Hian, Phillip Securities, Kim Eng Securities and DBS Vickers Securities - boasting of more than 30,000 readers every issue.
SharesInv.com brings the same value-added stock market news & information, company profiles, useful insights and in-depth analyses, found in Shares Investment (Singapore Edition), and a whole lot more, to the growing number of Internet users in Singapore. [-]
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Significance: Plenitude is currently in a net cash position with no gearing making it favourable for the company to increase its land bank for future development, especially during this uncertain time in the economy.
SapuraKencana Petroleum and Seadrill have entered into a non-binding memorandum of understanding to combine and integrate both companies’ tender rig businesses. SapuraKencana will take over the rigs business including the full tender rig organisation for an enterprise value of US$2.9 billion. Conversely, Seadrill will receive a minimum of US$350 million new shares of SapuraKencana which represents a 6.4 percent increase stake in SapuraKencana. The enlarged tender rig business will comprise 16 tender rigs in operation and an additional five units which is currently under construction. Besides that, SapuraKencana will also be able to manage another three tender rigs which are not included in the deal. Seadrill said the total order backlog amounts to US$1.6 billion as of end of October 2012. The majority of the operating rigs are currently deployed in Southeast Asian waters and out of the 15 operating rigs, nine are barges and six are semi-tenders which are capable of operating in water depths of up to 6,500 feet, it added.
Significance: The deal will further strengthen SapuraKencana’s bottom line as it provides more exposure to a higher margin drilling segment as well as expanding the company’s reach accessing to new cross selling opportunities.
HwangDBS Vickers Research anticipates the Gas Malaysia’s growth will be driven by the non-power segment, specifically the manufacturing sector. The research house stated the ever increasing manufacturing activities where natural gas is an essential input to run boilers, furnaces and ovens will boost demand. The industrial sector which is the largest consumer of natural gas, accounts for almost 80 percent by non-power end-users and registered 17.7% compounded growth rate from 1990 to 2008, the research house stated in a note. The gas company has received approval from the government to increase its maximum supply limit to 5 million cubic feet per day (mmcfd) per customer from the current 2 mmcfd per customer. With this development, the gas company is poised to gained more market share in the future.
Significance: Consumption of natural gas in Malaysia has grown from about 315 billion cubic feet (bcf) in 1990 to an estimated 1,260 bcf in 2010, although supply has been in constraint since 2007. However, it is expected to grow with new supply coming on stream. Currently, Gas Malaysia has secured a new gas supply agreement with PETRONAS, which would ensure a sustainable gas supply until 2022.
The Shares Investment editorial team welcomes constructive feedback on our coverage and content. We would also be delighted to answer any questions on the above article. Leave us a comment below, and we'll get back to you shortly!
Since July 1995, Shares Investment has been well-acclaimed by both the investing public and local stock-broking houses such as UOB-Kay Hian, Phillip Securities, Kim Eng Securities and DBS Vickers Securities - boasting of more than 30,000 readers every issue.
SharesInv.com brings the same value-added stock market news & information, company profiles, useful insights and in-depth analyses, found in Shares Investment (Singapore Edition), and a whole lot more, to the growing number of Internet users in Singapore. [-]
About Us Copyright and Disclaimer Terms and Conditions Privacy Policy RSS Feed Copyright 2008-2012 Pioneers & Leaders eMedia Pte Ltd. All Rights Reserved. Best viewed with Mozilla Firefox 3.5 and above. Your browser: Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 6.1; Trident/5.0; SLCC2; .NET CLR 2.0.50727; .NET CLR 3.5.30729; .NET CLR 3.0.30729; Media Center PC 6.0; .NET CLR 3.5.21022; Media Center PC 5.0; SLCC1; Tablet PC 2.0; .NET4.0C)
any in Malaysia
HwangDBS Vickers Research anticipates the Gas Malaysia's growth will be driven by the non-power segment, specifically the manufacturing sector. The research house stated the ever increasing manufacturing activities ...
Manufacturing Company in Malaysia
Property developer Plenitude is expecting to achieve RM300 million Gross Development Value (GDV) sales for the financial year ending 30 June 2013 despite delays in its property launches. According to executive chairman Elsie Chua, 638 units of residential properties will be launched by next year which carries a total GDV of RM313 million. Plenitude is ready to launch two phases in Puchong, serviced apartments in Johor Bahru and one more in Sungai Petani. It is however, still waiting for approval. Plenitude’s recent RM33 million acquisition of land in Komtar, Penang that would be developed into a mixed commercial project has drawn some attention to the company. As at 30 June 2012, Plenitude’s land bank size stood at around 1,797 acres while total current and future GDV is approximately RM6.3 billion. Furthermore, the company has a strong cash and cash equivalents of RM355.4 million and zero borrowings with net asset per share currently at RM3.13.
Significance: Plenitude is currently in a net cash position with no gearing making it favourable for the company to increase its land bank for future development, especially during this uncertain time in the economy.
SapuraKencana Petroleum and Seadrill have entered into a non-binding memorandum of understanding to combine and integrate both companies’ tender rig businesses. SapuraKencana will take over the rigs business including the full tender rig organisation for an enterprise value of US$2.9 billion. Conversely, Seadrill will receive a minimum of US$350 million new shares of SapuraKencana which represents a 6.4 percent increase stake in SapuraKencana. The enlarged tender rig business will comprise 16 tender rigs in operation and an additional five units which is currently under construction. Besides that, SapuraKencana will also be able to manage another three tender rigs which are not included in the deal. Seadrill said the total order backlog amounts to US$1.6 billion as of end of October 2012. The majority of the operating rigs are currently deployed in Southeast Asian waters and out of the 15 operating rigs, nine are barges and six are semi-tenders which are capable of operating in water depths of up to 6,500 feet, it added.
Significance: The deal will further strengthen SapuraKencana’s bottom line as it provides more exposure to a higher margin drilling segment as well as expanding the company’s reach accessing to new cross selling opportunities.
HwangDBS Vickers Research anticipates the Gas Malaysia’s growth will be driven by the non-power segment, specifically the manufacturing sector. The research house stated the ever increasing manufacturing activities where natural gas is an essential input to run boilers, furnaces and ovens will boost demand. The industrial sector which is the largest consumer of natural gas, accounts for almost 80 percent by non-power end-users and registered 17.7% compounded growth rate from 1990 to 2008, the research house stated in a note. The gas company has received approval from the government to increase its maximum supply limit to 5 million cubic feet per day (mmcfd) per customer from the current 2 mmcfd per customer. With this development, the gas company is poised to gained more market share in the future.
Significance: Consumption of natural gas in Malaysia has grown from about 315 billion cubic feet (bcf) in 1990 to an estimated 1,260 bcf in 2010, although supply has been in constraint since 2007. However, it is expected to grow with new supply coming on stream. Currently, Gas Malaysia has secured a new gas supply agreement with PETRONAS, which would ensure a sustainable gas supply until 2022.
The Shares Investment editorial team welcomes constructive feedback on our coverage and content. We would also be delighted to answer any questions on the above article. Leave us a comment below, and we'll get back to you shortly!
Since July 1995, Shares Investment has been well-acclaimed by both the investing public and local stock-broking houses such as UOB-Kay Hian, Phillip Securities, Kim Eng Securities and DBS Vickers Securities - boasting of more than 30,000 readers every issue.
SharesInv.com brings the same value-added stock market news & information, company profiles, useful insights and in-depth analyses, found in Shares Investment (Singapore Edition), and a whole lot more, to the growing number of Internet users in Singapore. [-]
About Us Copyright and Disclaimer Terms and Conditions Privacy Policy RSS Feed Copyright 2008-2012 Pioneers & Leaders eMedia Pte Ltd. All Rights Reserved. Best viewed with Mozilla Firefox 3.5 and above. Your browser: Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 6.1; Trident/5.0; SLCC2; .NET CLR 2.0.50727; .NET CLR 3.5.30729; .NET CLR 3.0.30729; Media Center PC 6.0; .NET CLR 3.5.21022; Media Center PC 5.0; SLCC1; Tablet PC 2.0; .NET4.0C)
Significance: Plenitude is currently in a net cash position with no gearing making it favourable for the company to increase its land bank for future development, especially during this uncertain time in the economy.
SapuraKencana Petroleum and Seadrill have entered into a non-binding memorandum of understanding to combine and integrate both companies’ tender rig businesses. SapuraKencana will take over the rigs business including the full tender rig organisation for an enterprise value of US$2.9 billion. Conversely, Seadrill will receive a minimum of US$350 million new shares of SapuraKencana which represents a 6.4 percent increase stake in SapuraKencana. The enlarged tender rig business will comprise 16 tender rigs in operation and an additional five units which is currently under construction. Besides that, SapuraKencana will also be able to manage another three tender rigs which are not included in the deal. Seadrill said the total order backlog amounts to US$1.6 billion as of end of October 2012. The majority of the operating rigs are currently deployed in Southeast Asian waters and out of the 15 operating rigs, nine are barges and six are semi-tenders which are capable of operating in water depths of up to 6,500 feet, it added.
Significance: The deal will further strengthen SapuraKencana’s bottom line as it provides more exposure to a higher margin drilling segment as well as expanding the company’s reach accessing to new cross selling opportunities.
HwangDBS Vickers Research anticipates the Gas Malaysia’s growth will be driven by the non-power segment, specifically the manufacturing sector. The research house stated the ever increasing manufacturing activities where natural gas is an essential input to run boilers, furnaces and ovens will boost demand. The industrial sector which is the largest consumer of natural gas, accounts for almost 80 percent by non-power end-users and registered 17.7% compounded growth rate from 1990 to 2008, the research house stated in a note. The gas company has received approval from the government to increase its maximum supply limit to 5 million cubic feet per day (mmcfd) per customer from the current 2 mmcfd per customer. With this development, the gas company is poised to gained more market share in the future.
Significance: Consumption of natural gas in Malaysia has grown from about 315 billion cubic feet (bcf) in 1990 to an estimated 1,260 bcf in 2010, although supply has been in constraint since 2007. However, it is expected to grow with new supply coming on stream. Currently, Gas Malaysia has secured a new gas supply agreement with PETRONAS, which would ensure a sustainable gas supply until 2022.
The Shares Investment editorial team welcomes constructive feedback on our coverage and content. We would also be delighted to answer any questions on the above article. Leave us a comment below, and we'll get back to you shortly!
Since July 1995, Shares Investment has been well-acclaimed by both the investing public and local stock-broking houses such as UOB-Kay Hian, Phillip Securities, Kim Eng Securities and DBS Vickers Securities - boasting of more than 30,000 readers every issue.
SharesInv.com brings the same value-added stock market news & information, company profiles, useful insights and in-depth analyses, found in Shares Investment (Singapore Edition), and a whole lot more, to the growing number of Internet users in Singapore. [-]
About Us Copyright and Disclaimer Terms and Conditions Privacy Policy RSS Feed Copyright 2008-2012 Pioneers & Leaders eMedia Pte Ltd. All Rights Reserved. Best viewed with Mozilla Firefox 3.5 and above. Your browser: Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 6.1; Trident/5.0; SLCC2; .NET CLR 2.0.50727; .NET CLR 3.5.30729; .NET CLR 3.0.30729; Media Center PC 6.0; .NET CLR 3.5.21022; Media Center PC 5.0; SLCC1; Tablet PC 2.0; .NET4.0C)
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