Kenanga Investment Bank: MISC to preserve capital, not pursuing large projects in next two years | Malay Mail

📆 02/06/2021 20:15:00
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KUALA LUMPUR, June 2 — MISC Bhd aims to preserve capital and is not expected to pursue large projects for the next two years, despite a rise in global floating production storage and offloading (FPSO) tender opportunities. Kenanga Investment Bank Bhd said the energy-related maritime solutions and...

Wednesday, 02 Jun 2021 01:11 PM MYT

It said this was revealed at an MISC engagement session with its president and group chief executive officer, Yee Yang Chien yesterday. Moving forward, the group plans to continue its strategy of retiring old fleets that are deemed uneconomical to be retrofitted, with upcoming newer fleets equipped to meet stricter emission targets.

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