GUH explains power talks


PETALING JAYA: GUH Holdings Bhd said it is not aware of “any concrete negotiation” that it is buying a stake in a coal-fired plant in Cambodia owned by its sister company, Leader Universal Holdings Bhd.

The company told Bursa Malaysia that it was neither aware of any concrete negotiation being carried out nor any written arrangement being done with Leader Universal Holdings Bhd on its 100MW coal-fired power plant in Cambodia.”

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Proton sales rise 17.1% in April
ECB rate cut case getting stronger, says chief economist Lane
Malaysia Book of Records appoints Christopher Wong as CEO
Oil nudges higher after Saudi Arabia hikes prices
China's services activity eases in April but still solid, Caixin PMI shows
No knee-jerk decline in Carlsberg sales following price hike
Ringgit opens higher against US$ as greenback weakens
Foreign inflow to Bursa Malaysia surges to RM1.06bil net
Domestic equities get boost from global demand
Trading ideas: BHIC, Naza, F&N, Pestech, PetGas, XIX, TT Vision, Uzma, WTK, Ranhill, Farm Price, Sarawak Cable, SLP

Others Also Read