News by Izzul Ikram

Solarvest said its unit had been appointed the engineering, procurement, construction and commissioning (EPCC) contractor for the development of the 50MW solar PV facility and received the project from Classic Solar Farm Sdn Bhd

The improved earnings were attributed to the RM197.4 million provision made for the impairment of contract assets, trades and other receivables it incurred a year ago as a result of the Covid-19 pandemic.

Advancecon said LSS TPG will design, construct, own, operate and maintain the solar PV energy-generating facility with a capacity of 26 megawatts of alternative current (MWac) in Kuala Langat, Selangor

Paramount said its wholly-owned subsidiary Magna Intelligent Sdn Bhd had signed a conditional share subscription agreement with P2P Venture Sdn Bhd and Omegaxis on April 15, for a 30% stake in Omegaxis for RM13.7 million

The synergies that Kanger will be able to leverage from the acquisition of the Sung Master stake will benefit Kanger on multiple fronts, especially with regards to supporting Kanger's property and construction business segments. 

PNB warned the public to be wary of persons misusing the name or logo of PNB or Amanah Saham Nasional Bhd (ASNB), or disguising as one of its officers to request payments, confidential data or participation in illegal investment activities.

Of the 33 million Malaysian population, 12.13 million people or 36.76% had gotten at least their first dose, including 5.7 million or 17.3% who had been fully inoculated.

In a note today, Moody’s Analytics said the spread in Southeast Asia of the Delta variant of the coronavirus that causes Covid-19 is disrupting economic recovery in 3Q21 given the strength of the current wave of the Covid-19 and policy responses to it.

It received 13,367 applications for 355.09 million shares during the public subscription period.

Four of its assets will be installed with ground-mounted and rooftop solar systems this year.