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Pestech rides on regional growth
RIDING on the growing energy infrastructure development market in the region, Pestech International Bhd expects to see continued growth in its order book over the medium term.
Pestech poised to clinch RM334mil Cambodian power deal
PETALING JAYA: Main Market-listed Pestech International Bhd got its break from merely being a turnkey contractor in the power sector to an independent power transmitter in the power generation business – thanks to a US$92.21mil (RM334mil) project in Cambodia.
Pestech on a roll
PETALING JAYA: Having just secured its biggest contract ever, and currently in the forefront to win another major job, Pestech International Bhd is one company to watch.
RHB Research keeps Pestech International on Neutral
KUALA LUMPUR: RHB Research is maintaining its Neutral call on Pestech International Berhad at a fair value of RM4.72 and at a target price-to-earnings ratio of 14 times which is below its highest price-to-earnings ratio of 19.75 times since listing.
Pestech wins US$7.16mil contract in Iraq
PETALING JAYA: Electrical power facilities provider Pestech International Bhd has secured a US$7.16mil contract to supply six new mobile substations to the Electricity Ministry of Iraq, marking the group’s maiden penetration into the Middle East.
Pestech unit gets subcontract for EDTP project
PETALING JAYA: Pestech International Bhd’s unit Pestech Technology Sdn Bhd and Ansaldo STS Malaysia Sdn Bhd have been appointed as the subcontractor of the electrified double track project (EDTP) from Gemas to Johor Baru.
Pestech plans to list subsidiary in Cambodia
KUALA LUMPUR: Pestech International Bhd has submitted a proposal to list shares of a subsidiary in Cambodia and is considering to return part of the proceeds to shareholders as special dividend.
Pestech Cambodia wins power plant contract
PETALING JAYA: Pestech International Bhd’s unit, Pestech (Cambodia) Ltd, has received a contract from Cambodia-based Alex Corp to construct a hydro-electric power plant in Phnom Penh.
Pestech wants to expand presence into three new South-East Asian markets
SHAH ALAM: Pestech International Bhd aims to expand into three new markets within South-East Asia – the Philippines, Myanmar and Thailand – this year, to further build its track record in the region.
Pestech gets RM399mil sub-contract job in Johor
PETALING JAYA: Pestech International Bhd has bagged a RM399mil job as a sub-contractor for the Gemas-Johor Baru electrified double-track rail project.
