KUALA LUMPUR: Earnings from scheduled waste recycling company Tex Cycle Technology (M) Bhd’s joint venture with UK’s Culzean Generation Ltd is likely to contribute an estimated 20% in net profit to Tex Cycle beginning 2021.
Tex Cycle and Culzean had recently formed a 50:50 joint venture company Culzean W2E Ltd to build and manage renewable electrical energy plant (REEP) projects in the UK.
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