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Industry players expect diesel subsidy rationalisation to have no business impact

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MRCB,Diesel,Subsidy

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Trading ideas: TNB, YTL Power, UEM Sunrise, Kerjaya Prospek, CCK, KIP REIT, MGB, Kimlun, Meta Bright, Powerwell, Inta Bina, Pesona, Manulife, AMMB anticipates that the rationalisation of diesel fuel subsidies will not affect its operational efficiency, project timelines, service delivery, or cost base.

"MRCB has consistently utilised diesel fuel at commercial rates for all its development and construction projects, including those managed by subcontractors. The group assured all stakeholders that MRCB remains committed to delivering high-quality products and services at competitive prices. In a separate statement, TH Plantations Bhd said the diesel subsidy rationalisation will not affect its performance as the company also uses diesel at a commercial rate.

 

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