Thursday 28 October 2010

Dialog up on deepwater petroleum terminal project

DIALOG GROUP BHD shares advanced on Thursday, Oct 28 after The Edge Financial Daily reported that Dialog is gearing up for exciting times ahead with the multi-billion-ringgit independent deepwater petroleum terminal project at Pengerang, Johor.

The project will turn Pengerang into a regional oil storage and trading hub by 2017. At 9.25am, Dialog was up four sen to RM1.29 with 1.14 million shares done.