Oil & gas PChem biggest winner at RAPID, Dialog & Muhibbah to benefit - CIMB
- 7 years ago
According to CIMB Research, the biggest winners from the operations at Refinery And Petrochemical Integrated Development (RAPID) in Pengerang, Johor would be Petronas Chemicals Group while Dialog & Muhibbah could benefit from the construction packages. CIMB Research Analyst Norziana Mohd Inon advised investors to stay invested as expectations continued to run high for the oil & gas sector which is already a major beneficiary of the ETP and Petronas's 5-year RM300 billion CAPEX plan.