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  >  PETRONAS Gas    PETGAS   MYL6033OO004

PETRONAS GAS

(PETGAS)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

PETRONAS Gas : Malaysia's Petronas Gas says $410 million sukuk issue oversubscribed by three times

10/23/2020 | 12:13am EST
FILE PHOTO:  A Petronas logo at their office in Kuala Lumpur

KUALA LUMPUR (Reuters) - Malaysia's Petronas Gas said on Friday its subsidiary Pengerang LNG (Two) Sdn Bhd had concluded a 1.7 billion ringgit ($410.23 million) issue of a 20-year multi-tranche Sukuk Murabahah that was oversubscribed by three times.

Petronas Gas, a unit of state owned Petronas Group, said Pengerang LNG (Two) will primarily use the proceeds to repay its outstanding shareholders' loans in full.

Hence, there will be no change in Petronas Gas Berhad (PGB) groups' consolidated borrowings, the firm said in a statement.

It will also have no impact on the group's earnings, earnings per share and net assets per share for the current financial year, it said.

"The issuance is in line with continued efforts in driving efficient capital management across PGB Group," said PGB Managing Director and Chief Executive Officer Kamal Bahrin Ahmad.

($1=4.1440 ringgit)

(Reporting by Mei Mei Chu; Editing by Christian Schmollinger and Muralikumar Anantharaman)

By Mei Mei Chu


© Reuters 2020
All news about PETRONAS GAS
12/04PETRONAS GAS : Ex-dividend day for interim dividend
FA
11/19PETRONAS GAS : Third-Quarter Net Profit Rose 37% on Lower Depreciation, Higher G..
DJ
10/23ENQUEST : Board Appointment
AQ
10/23PETRONAS GAS : Malaysia's Petronas Gas says $410 million sukuk issue oversubscri..
RE
10/23PETRONAS GAS : Malaysia's Petronas Gas says $410 mln sukuk issue oversubscribed ..
RE
10/22PETRONAS GAS : Unit's 20-Year MYR1.7 Billion Sukuk Oversubscribed by 3x
DJ
09/17PETRONAS GAS : Unit to Raise Up to MYR3.0 Billion via Islamic Bond
DJ
09/08PETRONAS GAS : Ex-dividend day for extraordinary dividend
FA
09/08PETRONAS GAS : Ex-dividend day for interim dividend
FA
08/19PETRONAS GAS : Second-Quarter Net Profit Rose 8.8% on Forex Gains, Higher Joint-..
DJ
More news
Financials
Sales 2020 5 632 M 1 388 M 1 388 M
Net income 2020 1 997 M 492 M 492 M
Net cash 2020 471 M 116 M 116 M
P/E ratio 2020 17,1x
Yield 2020 7,01%
Capitalization 34 430 M 8 479 M 8 484 M
EV / Sales 2020 6,03x
EV / Sales 2021 5,98x
Nbr of Employees 1 829
Free-Float 25,6%
Chart PETRONAS GAS
Duration : Period :
PETRONAS Gas Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PETRONAS GAS
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 17,91 MYR
Last Close Price 17,40 MYR
Spread / Highest target 22,4%
Spread / Average Target 2,96%
Spread / Lowest Target -3,16%
EPS Revisions
Managers
NameTitle
Kamal Bahrin bin Ahmad Chief Executive Officer, Director, VP-Gas & Power
Adif B. Zulkifli Chairman
Puan Shariza Sharis binti Mohd Yusof Chief Financial Officer
Abdul Halim bin Mohyiddin Independent Non-Executive Director
Habibah binti Abdul Senior Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PETRONAS GAS4.69%8 479
NATURGY ENERGY GROUP, S.A.-14.51%22 225
CHINA GAS HOLDINGS LIMITED-1.88%19 501
ATMOS ENERGY CORPORATION-13.71%12 151
TOKYO GAS CO.,LTD.-15.10%9 561
APA GROUP-8.29%9 044