PETALING JAYA: Conglomerate DRB-Hicom Bhd
is pulling out of the proposed 50MW large-scale solar photovoltaic (PV) plant in Tanjung Malim, Perak, after the company could not come to an agreement with partner Malakoff Corp Bhd over certain terms and conditions of the project.
The company said in a filing with Bursa Malaysia that indirect subsidiary DRB-Hicom Environmental Services Sdn Bhd (DHES) has withdrawn from the consortium to undertake the 50MWac project with Malakoff.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!
