BTM Resources’ unit BTM Biomass Products Sdn Bhd has obtained approval from the Sustainable Energy Development Authority to build and operate a renewable energy electrical power plant.
Poly Glass Fibre, which recently announced its diversification into the production of personal protective equipment, today reported another new venture — freshwater aquaculture.
DRB-Hicom’s 50.1%-owned Proton Holdings Bhd sold 9,623 vehicles in June, a 69.5% increase from May, which it attributed to the sales tax waivers and pent-up demand that have driven total industry volume ahead of 2019 numbers.
Yinson’s 49%-owned joint venture in Vietnam has executed a final settlement agreement with PetroVietnam Technical Services Corporation (PTSC) over the termination of a US$1bil (RM4.29bil) charter contract bagged by the joint venture in 2017.
Destini has secured a RM17.4mil contract to provide mechanical and electrical (M&E) systems for the GrenePark Village commercial development in Semenyih, Selangor.
Overnight, US market rose after better-than-expected employment data.
Earlier, European stocks advanced following a potential coronavirus vaccine being developed.
“Following the positive performances in the US and Europe, the FBM KLCI could extend its rally towards the resistance of 1,550 points,” JF Apex said.
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