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Kumpulan Powernet bags RM65.8mil hydropower job
KUALA LUMPUR: Shares in Kumpulan Powernet Bhd soared above the RM2 level for the first time after the company announced it had secured a contract to build a micro hydropower plant in Laos.
Kumpulan Powernet bags RM65.8mil Laos hydropower job
KUALA LUMPUR: Kumpulan Powernet Bhd was awarded a contract to build a small hydropower plant in Laos, marking the group foray into the energy construction business.
Powernet targets RM1bil order book in 6 months
kUALA LUMPUR: Kumpulan Powernet Bhd is targeting to increase its order book to RM1bil in six months after securing its first major project under the new management led by businessman Datuk Mohd Abdul Karim Abdullah
Over 50% of Powernet now under Karim, other parties
PETALING JAYA: Serba Dinamik managing director and group CEO Datuk Mohd Karim Abdullah (pic) and his parties acting in concert (PAC) now control some 50.09% of Kumpulan Powernet Bhd following further acquisitions in the company last week.
Powernet eyes energy, utility sectors as company returns to profit in Q4
KUALA LUMPUR: The new management at Kumpulan Powernet Bhd is seeking opportunities to expand into the energy, utilities, infrastructure and logistic sectors after the company posted a turnaround its last quarter.
Powernet appoints Serba Dinamik's Karim deputy chairman, Mustakim group MD
KUALA LUMPUR: The new substantial shareholders in Kumpulan Powernet Bhd, led by billionaire Datuk Mohd Abdul Karim Abdullah, have taken management control of the company.
Beijing Enterprises unit invests RM2bil in Johor water solution project
KUALA LUMPUR: China-owned water treatment company BEWG (M) Sdn Bhd (BEWG Malaysia) is undertaking a water solution project in Johor with an investment of RM2bil.
