GPP Resources to sell 51% stake in Gambang Power Plant for RM25,500


KUALA LUMPUR: GPP Resources Bhd has proposed to dispose of its 51% stake in Gambang Power Plant Sdn Bhd for RM25,500 cash.

In a filing with Bursa Malaysia, GPP said its wholly-owned subsidiary, Green Energy Resources (M) Sdn Bhd, entered into a share sale agreement with Wee Lok Hain and Ma Eng Yau for the disposal of 25,500 ordinary shares, representing a 51% stake.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
GPP Resources , Gambang Power Plant

Next In Business News

Ringgit likely to trade within narrow range next week ahead of BNM OPR decision
Reading the market signals
Urban harmony: Can stakeholders row together?
Breathing new life into forgotten spaces
FROM BANGSAR TO BEYOND
Asia to lead next AI wave
Luxury real estate trends in 2026
China’s gold rush continues
SC Estate Builder’s hotel acquisition under scrutiny
Department stores bet on experiences

Others Also Read