KUALA LUMPUR: Kejuruteraan Asastera Bhd (KAB) said its wholly-owned subsidiary KAB Energy Holdings Sdn Bhd is exploring a collaboration with a China National Nuclear Corp unit PT CNEC Engineering Indonesia and Transcend Global Ltd (TGL) to develop potential sustainable energy solutions in the region.
In a statement, KAB said the proposed joint effort with PT CNEC would identify and develop various proposed projects while TGL will assist in conducting financial feasibility studies for shortlisted projects and facilitate the merger and acquisition (M&A) of the project special purpose vehicles (SPV).
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