Analyst Research Report Snapshot

Title:

Company Update – Dialog Group (BUY, maintain) - Expansion projects well underway

Price:

$35.00

Provider:

Affin Investment Bank

Date:

09 Apr 2013

Pages:

4

Type:

AcrobatPDF

Companies referenced:

DIAL.KL

Available for Immediate Download
Summary:

EPCC works for Pengerang Phase 1 is 41% completed We recently met up with Dialog’s management for an update on the group’s expansion plan. We gathered that the construction work for Pengerang project phase 1 is progressing well - the group has finished the reclamation work for phase 1 and the EPCC works on the storage tanks are approximately 41% done, on track for completion in end-2013. Concurrently, Dialog is working on the reclamation works for future phases. Please refer to pictures overleaf for the site progress. Dialog targets to commission the storage facilities (phase 1) in several stages over 2014. To recap, Dialog plans to reclaim 500 acres of land in Pengerang, of which 150 acres is earmarked for phase 1 which comprises of 1.3m cbm of storage facility and 6 berths (total capex RM1.9bn). The group plans to develop the project phase 2 into dedicated storage facilities for Petronas’ RAPID project. The project phase 2 will also include independent LNG terminals and dedicated LNG terminals for Petronas.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.