Kejuruteraan Asastera unit in Vietnam RE tie-up


“We are proud to be given an opportunity to form a synergistic partnership with Janakuasa, as we are able to leverage on their experience and know-hows, ” said KAB managing director Datuk Lai Keng Onn.

KUALA LUMPUR: Kejuruteraan Asastera Bhd’s subsidiary KAB Energy Power Sdn Bhd has teamed up with Janakuasa Pte Ltd to explore Vietnam’s renewable energy (RE) market.

It said in a statement that the parties will acquire majority stakes in three hydropower plant projects via a special-purpose vehicle formed between KAB Energy Power and Janakuasa.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Distinguishing the real value of an IPO from the hype
Shareholders deserve clarification on TMC Life’s vague statement
O&G’s long-term value still intact
Fast-food giants deepen market reach
Disruption or long-term opportunity?
KWAP explains stance on eFishery
Much ventured, little gained
DOGE-ing the spending
Building strong through the storm
Sustainability through strong governance and enriching actions

Others Also Read