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KUALA LUMPUR: PESTECH International Bhd’s wholly-owned subsidiary PESTECH Sdn Bhd has bagged a contract from the National Grid Corporation of the Philippines (NGCP) for the South Luzon Substations Upgrading Project 2.
Philippines' Synergy Grid, country's only electricity grid operator, prices US$273 million follow-on offer at bottom
Synergy Grid & Development, majority owner of the Philippines' only electricity grid operator, has priced its follow-on stock offering at the bottom of its guidance of 12 to 17 pesos ($0.24 to $0.33) per share.
A TYPHOON slammed into the eastern Philippines, bringing high winds that caused power outages in several provinces.Typhoon Conson carried sustained winds of 120 kph with gusts of up to 150 kph, first making landfall at the coastal town of Hernani in Eastern Samar province before hitting the nearby Samar province early yesterday, the state weather service said.
Eighteen fishermen were reported missing and nearly 2,000 were stranded in ports in the Philippines as Typhoon Conson battered the country’s eastern coast, officials said on Tuesday.
KUALA LUMPUR: Kenanga Investment Bank Research is maintaining an Outperform for Pestech International with a target price of RM1.75.
KUALA LUMPUR: Pestech International Bhd's unit Pestech Sdn Bhd has received a contract with a total value of about RM111.74mil from the operator of the state-power grid of the Philippines.
KUALA LUMPUR: Pestech International Bhd's subsidiary Pestech Sdn Bhd has been awarded a contract worth a total sum of RM93.71mil from the National Grid Corporation of the Philippines (NGCP).
MANILA (Reuters) - A senator in the Philippines urged lawmakers on Tuesday to investigate China's access to its power grid, warning of a security threat and possible sabotage due to its stake in the nation's only transmission firm.
BEIJING (Reuters) - China expressed concern on Thursday after the Philippines' energy department said it would not renew visas for 16 Chinese nationals who work for the Philippine national grid after a senator raised security concerns.