Westports buoyed by high gateway volume

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PETALING JAYA: Hong Leong Investment Bank (HLIB) Research expects a brighter outlook for Westports Holdings Bhd on the back of sustained strong gateway volume from robust foreign direct investment flows, along with tariff hikes scheduled for this year.

Also, there are no nearby ports with high gateway volumes to threaten Westports’ position,” it explained.

The initial capex funding for CT10 will be funded through dividend reinvestment plan and RM5bil sukuk wakalah programme.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: /Business/Business News Westports Tariff Capex Analyst Reports FDI HLIB Research

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 07:00:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 32 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 26287738

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Year Established: 1971

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News Last Updated: 4 hours ago

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