Tadmax sells 25% in power plant firm to Korea's Kepco for RM41.75m


Tadmax power plant2

KUALA LUMPUR: Tadmax Resources Bhd is selling a 25% stake in its independent power plant company to Korea Electric Power Corporation (Kepco) for RM41.75mil.

The company announced to Bursa Malaysia on Tuesday it was selling the stake, comprising 12.50 million shares in Pulau Indah Power Plant Sdn Bhd (PIPP).

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