Handal: Eyes larger Petronas jobs. Handal Resources hopes to bid for larger Petroliam Nasional (Petronas) contracts following the subscription of 12.7m irredeemable convertible preference shares of RM1 each in subsidiary, Handrill SB (HSB) worth RM12.7m. HSB is currently a rig owner/rig operator licensed by Petronas. (Financial Daily)
Dont think it will break new high untill more clarification on the callaboration and a Thailand project worth RM100m that the CEO mentioned in a interview last month.
All O&G counters went up for the past few weeks. Cliq went up just because of speculation. Handal & SCOMI are the last counters that have not increased. Handal may increase to 0.80 by Hari Raya but Scomi is a bit tough one...
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tonylim
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Posted by tonylim > 2013-01-14 15:40 | Report Abuse
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