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MISC Bhd (MISC.KL)

MISC.KL on Kuala Lumpur Stock Exchange

7.34MYR
24 Mar 2017
Change (% chg)

RM0.00 (+0.00%)
Prev Close
RM7.34
Open
RM7.37
Day's High
RM7.40
Day's Low
RM7.30
Volume
477,400
Avg. Vol
1,977,713
52-wk High
RM9.00
52-wk Low
RM6.88

Latest Key Developments (Source: Significant Developments)

MISC Bhd qtrly profit attributable 134.2 mln rgt vs 483.6 mln rgt
Wednesday, 2 Nov 2016 01:26am EDT 

MISC Bhd : qtrly revenue 2.29 billion rgt versus 2.51 billion rgt . Qtrly profit attributable 134.2 million rgt versus 483.6 million rgt . no dividend has been proposed by the board of directors for this quarter ended 30 september 2016 . with pickup of refinery activities leading up to peak winter months, expect group’s petroleum shipping business to end year on a firmer note . "prospects of new tenders and projects remain poor in the offshore segment. " . "underutilization of assets may subject mhb to impairment charges which will significantly affect its current year financial results" .number of unutilised newbuild deliveries into the market which continues to dampen the long-term and short-term charter markets for lng.  Full Article

Misc Bhd updates on material litigation
Friday, 30 Sep 2016 10:45am EDT 

Misc Bhd : Legal proceedings were commenced to seek resolution on contractual disputes covering claims for outstanding additional lease rates, payment for completed variation works . Legal proceedings are not expected to have any material impact on the eps, of misc for the financial year ending 31 december 2016 . Gkl claiming total sum of usd245 million and applicable interest at any rate deemed fit by the tribunal/adjudicator from sspc Source (http://bit.ly/2dd0i7w) Further company coverage: [MISC.KL] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

MISC Bhd says unit MISC Offshore Floating Terminals Ltd has been awarded a contract
Tuesday, 23 Aug 2016 05:34am EDT 

MISC Bhd : Unit MISC Offshore Floating Terminals Ltd has been awarded a contract for the lease and operations of a floating, storage and offloading vessel . The lease and operations of a floating, storage and offloading vessel for the fso benchamas 2 project by Chevron offshore limited in the gulf of Thailand . The contract is valued at approximately US$230 million and is for a duration of 10 years . Contract not expected to have any material impact to the earnings per share, gearing and net assets per share of the MISC Group for FY ending 31 December 2016 .  Full Article

MISC Bhd - says unit receives contract for lease and operations of a floating, storage and offloading vessel
Tuesday, 23 Aug 2016 05:29am EDT 

MISC Bhd : Says MISC offshore floating terminals has been awarded a contract for the lease and operations of a floating, storage and offloading vessel . Contract, valued at approximately USD230 million, is for a duration of 10 years . Contract does not have any effect on the issued and paid-up share capital and substantial shareholders' shareholding in MISC .  Full Article

MISC Bhd approves a first interim tax exempt dividend of 10.0 sen per share
Thursday, 4 Aug 2016 01:06am EDT 

MISC Bhd : Board of directors has approved a first interim tax exempt dividend of 10.0 sen per share . Present portfolio of long term charters that are in place will underwrite a steady financial performance for co's lng fleet for rest of the year .  Full Article

MISC Bhd says qtrly revenue 2.39 bln rgt
Thursday, 4 Aug 2016 01:00am EDT 

MISC Bhd : QTRLY REVENUE 2.39 BLN RGT VS 2.60 BLN RGT . qtrly net profit 1.35 bln rgt vs 745.2 mln rgt .  Full Article

MISC Bhd enters into agreement for sale and purchase of shares with swift
Monday, 9 May 2016 06:17am EDT 

MISC Bhd : Entered into an agreement for sale and purchase of shares with swift . Says the total proceeds from the proposed disposal are estimated to be up to rm358.0 million . Agreement for the disposal of the entire equity interest held by MISC in mils . Proposed disposal will not have any effect on issued and paid-up share capital of MISC and substantial shareholders' shareholdings of MISC .  Full Article

MISC qtrly net profit 571 mln rgt versus 486.3 mln rgt
Friday, 6 May 2016 01:05am EDT 

MISC Bhd : Qtrly net profit 571 million rgt versus 486.3 million rgt . Qtrly revenue 2.39 billion rgt versus 2.49 billion rgt . "Expect the petroleum shipping segment to continue to benefit from robust demand for tankers" . "Prospects of the heavy engineering segment will remain very challenging" . "Outlook of the upstream oil and gas industry is projected to remain poor with the prolonged weakness in oil price" . No dividend has been proposed by board of directors for quarter ended 31 March 2016 .  Full Article

MISC Bhd declares second quarter dividend
Tuesday, 4 Aug 2015 04:00am EDT 

MISC Bhd:Says that for the second quarter ended June 30, 2015 it has declare an interim tax exempt dividend of 7.5 sen per share, payable on Sept. 2, 2015.  Full Article

MISC Bhd announces ownership interest of Employees Provident Fund Board
Monday, 29 Jun 2015 08:00pm EDT 

MISC Bhd:Says Employees Provident Fund Board holds 303,620,371 shares which represents 6.8 pct of the direct units of the company.  Full Article

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