KAB acquires biogas power plant in Kedah for RM15mil


KUALA LUMPUR: Kejuruteraan Asastera Bhd's (KAB) wholly owned subsidiary has acquired Future NRG Sdn Bhd's subsidiary, Future Biomass Gasification Sdn Bhd, and its biogas power plant assets for RM15mil.

In a statement, the group said it had today signed the sale and purchase of share agreement following from the signing of the term sheet on the proposed acquisition on Nov 9, 2022, as well as the completion of the due diligence process.

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