Ranhill acquires 26.7% stake in Tawau Green Energy for RM18.7mil


KUALA LUMPUR: Ranhill Holdings Bhd has acquired a 26.7% stake in Tawau Green Energy Sdn Bhd (TGE) for RM18.7mil or RM1 per share.

In a filing with Bursa Malaysia Monday, Ranhill said its subsidiary Ranhill Capital Sdn Bhd has acquired 18.7 million ordinary shares in TGE on Sept 29.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bitcoin touches 12-week high as traders weigh progress on Iran
TAS Offshore’s MD passes away
Anuar Ahmad retires as PetDag chairman
Axteria appoints Zaini Jass as chairman
Hextar Capital secures RM155.3mil Melaka hospital project
KHPT proposes RM19.5mil acquisition, diversifies into metal stamping
Ringgit closes higher against US dollar on tech-led inflows, easing geopolitical risks
KIP REIT posts stronger 3Q earnings, proposes RM435mil Setapak Central acquisition
Steel Hawk secures three-year logistics management contract from PetGas
Padini says 21 bank accounts frozen amid MACC probe

Others Also Read