KAB sustainable energy unit acquires solar PV provider for RM5.3mil


Kejuruteraan Asastera managing director Datuk Lai Keng Onn

KUALA LUMPUR: Kejuruteraan Asastera Bhd is expanding its sustainable energy solutions (SES) segment with the acquisition of Matahari Suria Sdn Bhd (MSSB).

The engineering and energy solutions provider said its wholly-owned subsidiary KAB Energy Holdings Sdn Bhd signed a share sale agreement with Unique Forging & Components Sdn Bhd to acquire the entire equity of MSSB for a total purchase consideration of RM5.3mil.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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

BHIC, Airbus Helicopters may collaborate as industrial partnership in Malaysia
Pos Malaysia posts wider net loss of RM41.5mil in 1Q
Sarawak Plantation records higher 1Q25 earnings
DC Healthcare narrows loss, revenue rises 89% in 1Q25
Bumi Armada secures production sharing exploration contract in Makassar, Indonesia
Amway warns of continued profit pressure amid tough business environment
Ringgit ends higher against greenback on concerns over US fiscal health
Hup Seng’s 1Q profit slips 24%, stays focused on efficiency and expansion
PJBumi gets nod for RM40mil GDV Kedah factories
Federal Court upholds insider trading ruling against former Patimas deputy chairman

Others Also Read