Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  BURSA MALAYSIA  >  Dialog Group    DIALOG   MYL7277OO006

DIALOG GROUP

(DIALOG)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector news

Dialog Group to Raise MYR3.0 Billion via Islamic Bond to Fund Capex, Debt Repayment

share with twitter share with LinkedIn share with facebook
09/11/2020 | 06:12am EDT

By Chester Tay

Dialog Group Bhd. intends to raise up to 3.0 billion ringgit ($720.5 million) via an Islamic bond issuance to fund investments, acquisitions, capital expenditure and debt repayment.

The sukuk program, which has a perpetual tenure, gives Dialog the flexibility to issue senior Islamic medium-term notes and subordinated perpetual Islamic notes, the oil and gas engineering services provider said in a stock exchange filing Friday.

Dialog said the senior Islamic medium-term notes have been assigned an initial rating of AA2 by RAM Rating Services Bhd., while the subordinated perpetual Islamic notes have been assigned an initial rating of A1 by RAM. Both ratings carry a stable outlook.

AmInvestment Bank Bhd. and CIMB Investment Bank Bhd. are the joint principal advisers, joint lead arrangers and joint lead managers for the sukuk program. Meanwhile, AmBank Islamic Bhd. and CIMB Islamic Bank Bhd. are the joint Shariah advisers.

 

Write to Chester Tay at chester.tay@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
CIMB GROUP HOLDINGS -1.61% 3.05 End-of-day quote.-40.78%
DIALOG GROUP -0.26% 3.79 End-of-day quote.9.86%
LONDON BRENT OIL 0.58% 41.73 Delayed Quote.-36.73%
WTI 2.37% 40.293 Delayed Quote.-35.93%
share with twitter share with LinkedIn share with facebook
All news about DIALOG GROUP
09/11Dialog Group to Raise MYR3.0 Billion via Islamic Bond to Fund Capex, Debt Rep..
DJ
09/09DIALOG : Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - EMPLOYEES PROVI..
PU
08/18Dialog Group's Fourth-Quarter Net Profit Rises on Higher Oil Storage Demand
DJ
06/10DIALOG GROUP : Ex-dividend day for interim dividend
FA
03/18DIALOG AXIATA : Enterprise makes ardent call to digitise trading and manufacturi..
AQ
03/02DIALOG AXIATA : Broadband to buy VSIS Enterprise Solutions
AQ
02/24Tuya Smart and Dialog Axiata co-develop smart products for Sri Lankan market
AQ
2019DIALOG GROUP BERHAD : Ex-dividend day for final dividend
FA
2019Malaysia's Dialog expands Pengerang oil storage to tap trade growth
RE
2019DIALOG GROUP BERHAD : Ex-dividend day for interim dividend
FA
More news
Financials
Sales 2020 2 812 M 676 M 676 M
Net income 2020 594 M 143 M 143 M
Net Debt 2020 751 M 180 M 180 M
P/E ratio 2020 37,2x
Yield 2020 1,02%
Capitalization 21 426 M 5 157 M 5 150 M
EV / Sales 2020 7,89x
EV / Sales 2021 7,57x
Nbr of Employees 1 787
Free-Float 66,0%
Chart DIALOG GROUP
Duration : Period :
Dialog Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DIALOG GROUP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 17
Average target price 4,33 MYR
Last Close Price 3,80 MYR
Spread / Highest target 40,8%
Spread / Average Target 14,1%
Spread / Lowest Target -2,89%
EPS Revisions
Managers
NameTitle
Boon Keat Ngau Executive Chairman
Mustaffa Kamal bin Abu Bakar Chief Operating Officer
Zainab binti Mohammed Salleh Group CFO, Joint Secretary & Director
Lek Lek Tan Executive Director-Technical
Yew Kai Chan Executive Deputy Chairman
Sector and Competitors
1st jan.Capitalization (M$)
DIALOG GROUP10.14%5 157
SCHLUMBERGER LIMITED-58.68%24 056
HALLIBURTON COMPANY-48.30%11 710
BAKER HUGHES COMPANY-47.21%9 451
NATIONAL OILWELL VARCO, INC.-58.48%4 197
TECHNIPFMC PLC-70.29%3 051