Samaiden eyes solar, biomass projects

Samaiden Sdn Bhd director Chow Pui Hee: We expect the award of the LSS4 to be coming in the first quarter.

THE listing of Samaiden Group Bhd could not have come at a better time. The company specialises in the renewable energy (RE) sector, which is in vogue this year.

Last year, the government said that it targets to have RE making up at least 25% of the country’s power generation by 2025. It was a mere 2% in 2018. Government officials have also said that the country needs some RM33bil in investments to boost its RE power generation efforts.