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PETALING JAYA: Cypark Resources Bhd expects to win at least 20% of the upcoming waste-to-energy (WTE) plant tender offers in Malaysia.
The company plans to build an international cruise terminal at its Impression City development in Melaka, but can it raise the funds for it?
PETALING JAYA: Cypark Resources Bhd has won a RM12.53mil contract from the government to construct a road connecting to a Negri Sembilan-based sanitary landfill.
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.
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.
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.
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.
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.