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BENALEC IN THE NEWS

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AFFIN HWANG MAINTAINS BUY ON BENALEC

The Star Online 31st December, 2014 KUALA LUMPUR: Affin Hwang Research has maintained its BUy call on Benalec with a target price of 74 sen based on 10 times FY15 EPS. In a note on Wednesday, the research house said securing approvals to commence works on the Tanjung...

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BENALEC: TANJONG PIAI JOB DELAYED ON CLIENT’S REQUEST

New Straits Times Online 23rd December, 2014 BENALEC Holdings Bhd, a marine construction services provider, said its land reclamation project for 1MY Strategic Oil Terminal Sdn Bhd in Tanjung Piai, Johor, has been delayed on the client’s request. “The project was put...

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BENALEC POSTS RM12MIL NET PROFIT FROM RM4.65MIL LOSS

The Star Online 18th November, 2014 KUALA LUMPUR: Benalec Holdings Bhd posted a net profit of RM12.02mil for its first quarter ended Sept 30, 2014 against a RM4.65mil loss during the same period last year. In a filing to Bursa Malaysia on Tuesday, the group said its...

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BENALEC LAND SALE TO BOOST EARNINGS

The Star Online 30th August, 2014 DESPITE the significant losses reported by Benalec Holdings Bhd in its fourth quarter of RM15.63mil for the period ended June 30, 2014, the company’s executives say it was a kitchen-sinking exercise. One of the factors, chief...

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AFFIN RESEARCH MAINTAINS TRADING BUY ON BENALEC

The Star Online 13th June, 2014 KUALA LUMPUR: Affin Research has maintained its Trading Buy on Benalec with a target price of RM1.98, hinging on its massive land reclamation concessions in Tanjung Piai and Pengerang. In a note on Friday, the research house said the...

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LAND RECLAMATION CONTRACT POSITIVE FOR BENALEC

Borneo Post Online 7th May, 2014 KUCHING: Benalec Holdings Bhd’s (Benalec) awarded contract to undertake the construction, completion and maintenance of coastal reclamation and associated works in Malacca has been viewed as a positive development. In an announcement...

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BENALEC SHARES UP FOLLOWING RM204MIL CONTRACT WIN

The Star Online 6th May, 2014 KUALA LUMPUR: Shares of Benalec Holdings advanced at mid-morning on Tuesday after the group bagged a RM204mil development project from Oriental Boon Siew (M) Sdn Bhd. At 10.35am, its shares rose two sen to 91.5 sen with some 3.99 million...

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