Petronas Gas Share Price Flat Despite Kerteh Plant Fire

May 27, 2012

And why would share prices go down? Plant has not been taken offline, we don’t have another supplier of gas…

Dateline 2012-05-11:

Petronas Gas Bhd (PGB)’s share price remained flat at RM17.28 at the end of the morning session today despite the fire at its gas processing plant (GPP) in Kerteh, Terengganu.
The stock hovered between RM17.18 and RM17.28 throughout the morning session.