Wasco gets SC nod for Greenergy spin-off IPO


PETALING JAYA: Wasco Bhd has obtained approval from the Securities Commission (SC) for the proposed spin-off listing of its renewable energy arm, Wasco Greenergy Bhd.

Greenergy is mainly engaged in building biomass energy systems that use agricultural waste as boiler fuel, as well as power plants that employ natural gas to generate steam to drive turbines and produce electricity.

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