From the Star – Gas M’sia – a growth story


Dateline 2011-05-24:

WITH rosy prospects, Gas Malaysia Sdn Bhd a unit of MMC Corp Bhd will make a compelling growth story for investors upon listing, according to analysts. Eventually, it may even rank high as a sound dividend-yielding stock.

“It will be a period of growth for Gas Malaysia for the next two to three years, especially with more gas supply coming into place as the liquefied natural gas (LNG) plant in Malacca is getting ready,” OSK Research head Chris Eng told StarBiz.

He said Gas Malaysia was constrained by gas supply but, with the second LNG terminal expected to be ready by year-end, it could provide gas to more customers.

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