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BENALEC IN THE NEWS

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RAPID to start commercial ops in Q4

The Star 18th June, 2019 KUALA LUMPUR: The Refinery and Petrochemical Integrated Development (RAPID) project will begin its commercial operations in the fourth quarter of this year, Finance Minister Lim Guan Eng said on Tuesday. He said the project would turn Malaysia...

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Stock With Momentum: Benalec Holdings

The Edge 22th April, 2019 Benalec Holdings Bhd (+ve) TRADING of shares in Benalec Holdings Bhd (fundamental: 0.95/3, valuation: 0.9/3) triggered our momentum algorithm for the second time this year. The last time it triggered our algorithm was on Feb 20. The counter...

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Fire at Petronas’ RAPID oil refinery quickly tamed

Reuters 12th April, 2019 KUALA LUMPUR (Reuters) - A fire was brought under control early on Friday after an explosion at a Malaysian oil refinery being developed by state oil firm Petronas, which was testing its facilities ahead of planned commercial operations later...

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Stock With Momentum: Benalec Holdings

The Edge 21th Feb, 2019 Benalec Holdings Bhd (-ve) Trading of shares in Benalec Holdings Bhd (fundamental: 0.95/3, valuation: 0.9/3) triggered our proprietary momentum algorithm yesterday for the first time in over two years. The stock rose in line with other...

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Long-term positive seen for Pengerang due to location

The Edge Markets 21th Feb, 2019 Oil and gas sector We are long-term positive on Pengerang due to its strategic location and availability of vacant land. The Pengerang Integrated Petroleum Complex (PIPC) phase 2 development which potentially involves foreign...

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RAPID to boost Asia’s refining capacity growth in 2019

New Straits Times 08th February, 2019 KUALA LUMPUR: With the start-up of the Petronas' Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang around the corner, Asia’s refining capacity growth will experience a boost in 2019, says S&P Global...

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