The research firm believes that Dialog is likely to proceed with a further expansion of its tank terminal capacity of 1.2m cu m gradually (expected to start in 2022) as demand for petroleum products and crude oil storage space would be strong upon completion of the many petrochemical facilities in the area.
PETALING JAYA: CIMB Research picked the rubber gloves, oil and gas (O&G), healthcare and insurance sectors as the potential four top performers in the first half of 2019 (1H19), amid its expectation that corporate earnings in Malaysia will shift to a lower base next year.
In its 2019 outlook report, the research house said the domestic rubber gloves sector will likely benefit from expansion plans and improved demand for gloves.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
