KUALA LUMPUR: Off the back of heightened demand due to the festive period, Fraser & Neave Holdings Bhd's (F&N) outperformance in the opening months of 2024 could also be pointing towards a rising preference for Asian brands, said Kenanga Research. In a results note, the research firm said it believed consumers may be opting for Asian brands...
KUALA LUMPUR: Kenanga Research is keeping Pavilion Real Estate Investment Trust (REIT) as its top sector pick on the back of its earnings resilience. "We believe Pavilion REIT’s premium retail assets are less vulnerable to downward pressure on occupancy and rental rates amidst rising headwinds in the retail sector on the back of sustained high inflation that hurts...
KUALA LUMPUR: Bumi Armada Bhd's approval from the American Bureau of Shipping (ABS) for a proposed floating LNG (FLNG) concept is expected to open doors for the company. In an announcement yesterday, the offshore services provider said it had developed the barge-based liquefaction unit for a standardised LNG design capacity based on a modularised and repeatable compact...
