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The purchase is designed to bridge a logistical gap, as the group’s new dedicated Krubong facility is not expected to be completed until the fourth quarter of 2028
“The three outlets opened in the past 10 days have drawn long queues,” CGS International wrote as it kept the stock on an ‘add’ call, equivalent to a ‘buy’ rating.
Keyfield International Bhd's earnings are expected to remain under pressure this year as weaker charter rates for accommodation work barges (AWB) and a shift towards lower-margin vessels weigh on profitability, despite an anticipated recovery in third-quarter earnings
