BM GreenTech’s new acquisition to spur solar segment


PETALING JAYA: Biomass boiler company BM Greentech Bhd’s move to acquire solar firm Plus Xnergy Holding Sdn Bhd (PXH) is a positive one, which will boost and strengthen the group’s solar business.

Kenanga Research said it views the deal positively as it would strengthen the group’s solar segment by expanding its portfolio to large-scale solar projects.

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