T7 Global showing likely to be affected by BHS delays

Quick Summary:

PETALING JAYA: Delays in the KLIA baggage handling system (BHS) project is expected to weigh on T7 Global Bhd's earnings.

It maintains its “buy” call with a lower target price of 34 sen from 66 sen a share on the company after rolling forward its valuation.

These include several floating production, storage and offloading vessels, MCM services, well services, offshore facility decommissioning and government-related projects.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Corporate News BHS KLIA baggage handling system Energy /Business/Business News T7 Global Bhd

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-19 @ 00:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 338 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28793821

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 15 posts per day

Year Established: 1971

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News Last Updated: 1 hours ago

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Publisher ID: #22

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