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Business

Cypark to bid for 100MW solar project under scheme

PETALING JAYA: Cypark Resources Bhd will submit its bid for the largest solar energy capacity allowed for each player under the RM2bil large-scale solar three (LSS3) scheme, a move that is expected to contribute an annual revenue of RM50mil to RM60mil if the group qualifies for the tender.

Business

Sunway 'hold', GD Express 'neutral', Cypark 'add', Construction 'neutral'

MAYBANK IB Research is “neutral” on Sunway Bhd’s acquisition of Blacktop Industries Sdn Bhd (BISB), as it is awaiting further information on production capacity and utilisation rate from the management.

Business

CIMB Research remains positive on Cypark, sees stronger earnings

KUALA LUMPUR: CIMB Equities Research remains positive on Cypark Resources as it expects stronger earnings due to the commissioning of the large scale solar photovoltaic (LSS 2) and waste-to-energy (WTE) plant.

SMEBiz

No thorn in this flesh

Durian-based food product maker targets inbound tourists while export protocol of durian to China is being finalised.

Corporate News

Cypark to bank on RE segment to grow earnings

PETALING JAYA: Cypark Resources Bhd’s earnings growth will be underpinned by its renewable energy (RE) segment from waste-to-energy facilities in Ladang Tanah Merah, according to PublicInvest Research.

Corporate News

Ong: Five foreign firms shut down from May to September

KUALA LUMPUR: Five manufacturing companies involving foreign investors closed down during the May-September period, involving investments worth RM308.7mil, said Deputy Trade and Industry Minister Ong Kian Ming.

Analyst Reports

PublicInvest downgrades call on Cypark to neutral

KUALA LUMPUR: PublicInvest Research has lowered its earnings forecast on Cypark Resources Bhd to account for deferred commercial operation date of its waste-to-energy (WTE) project in Ladang Tanah Merah, Negeri Sembilan.