PETALING JAYA: UOB Kay Hian (UOBKH) Research sees Gas Malaysia Bhd
benefitting from higher demand capacity in its distribution arm.
This will help to buffer the relatively flattish natural gas (NG) prices expected in 2024.
It said demand for the retail arm could increase 5%-6% year-on-year (y-o-y) in the first quarter of this year (1Q24).
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