Seal invests RM15mil in loss-making solar panel installer


PETALING JAYA: Seal Incorporated Bhd has proposed to acquire a 20% equity interest in loss-making MSR Green Energy Sdn Bhd, a solar panel installer, for RM8.7mil.

The group also looks to subscribing about 1.06 million irredeemable convertible preference shares in MSR Green Energy for RM6.3mil. In total, Seal will be investing RM15mil.

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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.

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