KUALA LUMPUR: Kejuruteraan Asastera Bhd’s (KAB) wholly-owned subsidiary KAB Energy Holdings Sdn Bhd has got the nod from shareholders for the proposed acquisition of a mini hydropower plant in Indonesia.
In a statement, the engineering and energy solutions provider said the proposal was passed at the EGM held yesterday for the acquisition of PT Inpola Mitra Elektrindo, which owns and operates an 11MW mini-hydropower plant in the district of Pakpak Bharat, north Sumatera.
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