(EnergyAsia, March 1) — Malaysia-listed UMW Berhad is a ‘buy’, said MayBan Securities, citing the ‘pleasant surprise’ of contribution from the company’s oil and gas earnings. The engineering firm reported above-expectations for 2005, with net profit 21.3% above MayBan’s estimates of RM227.6 million and 14.4% above consensus estimates of RM241.5 million. (US$1=RM3.7).   UMW will…

This article is for Subscriber members only.
Register
Already a member? Log in here