Ranhill explores options to revive Tawau RE project


PETALING JAYA: Ranhill Holdings Bhd is said to be exploring alternatives to revive its renewable energy (RE) project in Tawau, Sabah, which it has interest in through 26.7%-owned associate Tawau Green Energy (TGE).

But failing this, it have to make an impairment for that stake in its upcoming fourth quarter financial year 2018 (4Q18), said MIDF Research.

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