AmInvestment Research retains Hold for SK Petro


The SKD Jaya is a semi-submersible self-erecting tender assisted drilling (TAD) rig and is targeted for harsher environment and deepwater drilling operations in combination with floating wellhead platforms such as TLPs and Spars.

KUALA LUMPUR: AmInvestment Research is retaining its Hold call for SapuraKencana Petroleum with an unchanged fair value of RM1.40 a share.

It said on Friday this was based on FY17F book value, which includes a 50% discount on the group’s intangible asset value.

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