A pure renewable energy firm emerges


Boumhidi Abdelali (Adel)

A corporate exercise quietly announced a week ago seems to have gotten the notice of some investors.

Pimpinan Ehsan Bhd (PEB), a company that was controlled by tycoon Tan Sri Rozali Ismail, a cash shell looking for an acquisition target, made two stock exchange filings on Feb 19.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

No govt bailout discussions for AirAsia
Sunway Healthcare breaks ground on RM800mil hospital in Johor
Fernandes rubbishes claims AirAsia needs government aid
TMK Chemical to acquire CCM for RM939.9mil
Gold edges higher on lower oil prices, subdued dollar
Deeper Sino-Asean ties promise tangible benefits
AirAsia's Fernandes says travel demand remains strong, current crisis 'far' less severe than Covid
Bank of Japan lifts rates to 31-year high, two board members dissent
AirAsia founder hits back at critics as airline’s stock slumps
KYM to acquire 70% stake in Regen Healthcare for up to RM33.5mil

Others Also Read