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GEORGE TOWN: Vitrox Corp Bhd is investing between RM50mil and RM60mil for a second plant in Batu Kawan Industrial Park.
PETALING JAYA: Muhibbah Engineering (M) Bhd and its wholly-owned subsidiary Muhibbah Airline Support Industries Sdn Bhd (MASI) have secured orders worth RM60.3mil during the month of April 2015.
FRANKFURT (Reuters) - More than half a century after the world's first commercial nuclear plant went into operation in the United States, the industry may finally be nearing a way to store radioactive waste underground permanently.
KUALA LUMPUR: Salcon Bhd, via its unit Salcon Engineering Bhd’s 60% owned subsidiary Envitech Sdn Bhd, has clinched a RM24.35mil construction contract from Perunding Majucipta Sdn Bhd.
KUALA LUMPUR: Shares on Bursa Malaysia ended the week on a bullish note on Friday with the benchmark index 3.65 points higher, lifted by heavyweights led by Tenaga and finance counters.
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KUALA LUMPUR: National utility firm Tenaga Nasional Bhd (TNB) defended a move to buy 1MDB's entire stake in a planned 2,000 MW coal-fired power project, saying it was "not a bailout" of the debt-laden state fund.
KUALA LUMPUR: Utility giant, Tenaga Nasional Bhd (TNB)'s take over of the coal-fired 3B power plant project will be subject to terms and conditions, which includes the firm and final levelised tariff not exceeding 26.67 sen/kWh.
KUALA LUMPUR: Alliance Research has maintained its Buy call on TNB with a target price of RM16, adding that TNB is currently trading at undemanding valuation of 11 times FY15 PE, compared to its closest peer Malakoff’s 16 times.
KUALA LUMPUR: The FBM KLCI kicked off Friday morning on a weaker note dragged by losses in Tenaga after the Government approved its plan to take over Project 3B, a power plant that had been earlier awarded to 1Malaysia Development Bhd (1MDB).