LNG shipping leads MISC to be Malaysia’s top stock


Bullish outlook: An MISC LNG carrier. MISC expects to win as much as 30% of the deals it pitches for in 2020,

KUALA LUMPUR: Malaysian energy shipper MISC Bhd will bid for US$6bil of contracts next year, as surging demand for transportation of liquefied natural gas helped it beat all other stocks in the country’s benchmark index.

MISC expects to win as much as 30% of the deals it pitches for in 2020, president and group chief executive officer Yee Yang Chien said in an interview in Kuala Lumpur.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

S&P 500 ekes out record closing high; declines briefly after Powell
Germany is giving up hope of achieving any growth in 2024
The mavericks of metals are rocking the market
Focus turns to high-quality tea products
Tourists heading to exotic spots for Golden Week
Second profit warning exposes decline of VW
Oil giants eye potential in offshore wind power
Avoid borrowing to invest amid gold price frenzy
Jetstar Asia intent on more unique destinations
Lego continues to be bullish on growth in China

Others Also Read