(EnergyAsia, June 2) — MayBan Securities has placed a ‘hold’ rating on Malaysian pipeline company Wah Seong Corp after the company reported disappointing first quarter results. Net profit was up 24.5% to RM7.3 million while revenue fell 5.5% to RM192.2 million from year-ago level. (US$1=RM3.8). Wah Seong did not declare a dividend for the quarter….

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