KAB proposes RM15mil purchase of first biogas power plant


KUALA LUMPUR: Kejuruteraaan Asastera Bhd (KAB) has proposed to acquire its first biogas power plant via the acquisition of the entire equity interest in Future Biomass Gasification Sdn Bhd (FBG)for RM15mil.

The engineering and energy solutions provider said in a statement FBG, a wholly-owned subsidiary of Future NRG Sdn Bhd, owns a biogas power plant in Kedah with an installed capacity of 2.4MW.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
KAB , engineering , biogas , Lai Ken Onn

Next In Business News

China’s 40cm room boom
Redefining the family office paradigm
Lessons from a collapsed gate
El Nino to add fuel to coal rally
LYC�– from Nasdaq dreams to GN3
China leads global EV race
Stay invested, stay selective
Money-market funds are retail’s hot trade
A good deal for AmBank, but AmFirst?
Shanghai eyes asset hub status

Others Also Read