OSK Research Sdn Bhd said it has “buy” ratings on KNM Group Bhd, Kencana Petroleum Bhd and Dialog Group Bhd.
The three companies are the “likely beneficiaries” of a planned US$10 billion refinery in Malaysia, OSK said.
“Any additional new capital expenditure spending into the oil and gas industry will create more job opportunities for our local players,” OSK said in a report today.
-- Reuters
