Wah Seong unit buys PMT Energy


KUALA LUMPUR: Jutasama Sdn Bhd, a wholly-owned subsidiary of Wah Seong Corp Bhd, has acquired PMT Energy (Labuan) Ltd for US$1,000 (RM3,320) from Hong Ching Kiang.

The PMT Energy acquisition is for its overseas business expansion for the biomass power plant project, the company said in a filing with Bursa Malaysia yesterday.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Wah Seong , power plant

Next In Business News

Suzhou builds photonics powerhouse
Building momentum selectively
Zero tolerance for corruption
Lotte Chemical Titan sale sparks hope but challenges remain
MY Value Up must measure up
A new reality for crypto
Ekovest’s rights issue tests investors’ faith
Mr. Robot comes to town
Big Tech’s debt drives credit risk
An appetite for fresh snacks

Others Also Read