KPower confident of getting RM2bil order book

Bright outlook for renewable energy a boon to firm

Kumpulan Powernet plans RM51mil private placement, share split exercise

KUALA LUMPUR: Kumpulan Powernet Bhd has proposed on Tuesday a plan to issue new shares to its substantial shareholders and other investors, as the company seeks to raise funds for recently secured construction projects.

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

K. Powernet secures RM175mil hydropower plant project

PETALING JAYA: Kumpulan Powernet Bhd has secured a US$40.7mil (RM174.5mil) contract from Zhenghong Building Road & Bridge Construction Co Ltd for the civil works of two hydropower energy plants in Laos.

Powernet clinches jobs in Indonesia worth RM55mil

KUALA LUMPUR: Kumpulan Powernet Bhd (KPower) has clinched its first engineering, procurement, construction and commissioning (EPCC) contracts in Indonesia for hydro power plants worth RM54.6mil.

KPower to further strengthen its regional presence

KPower buys 51% stake in logistic firm Chemtrax

KUALA LUMPUR (Bernama) -- Kumpulan Powernet Bhd (KPower) today signed a share sale agreement with Sabaka Group Sdn Bhd to acquire 2.19 million shares, or a 51%, in Sabaka’s wholly-owned unit, Chemtrax Sdn Bhd for RM10 million.

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.

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.

Shares in K Powernet up on rising profits

KUALA LUMPUR: Shares in Kumpulan Powernet Bhd jumped on Friday after the company said net profit climbed for a second consecutive quarter.