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PETALING JAYA: Tenaga Nasional Bhd’s (TNB) (pic) foray into the renewable energy (RE) market in Singapore is in line with the utility giant’s plans to fast track its RE expansion plan, say analysts.
Takeover of little known Pimpinan Ehsan garners interest
KUALA LUMPUR: Despite a lacklustre performance by Malakoff Corp Bhd for the financial year 2020 (FY20), analysts are still holding out on the company due to its stable earnings prospects.
PETALING JAYA: Environmentalists have reiterated calls for the public to dispose of their single-use face masks properly to protect the environment.
HONG KONG: China plans to approve its first real estate investment trusts to help local governments finance infrastructure projects while allowing retail investors to tap into what may become a US$3 trillion market.
AN MP cites lack of transparency in the Waste-to-Energy (WtE) plant project in Kuala Lumpur, claiming the tender was awarded without first determining the location.
PETALING JAYA: HSS Engineers Bhd has proposed to channel RM15mil from the balance of its initial public offering (IPO) proceeds towards renewable energy (RE) venture to form recurring income business.
PETALING JAYA: Malakoff Corp Bhd registered a 46.2% decline in net profit to RM50.8mil in the third quarter ended Sept 30,2020, as compared to RM94.5mil in the corresponding quarter last year.
KUALA LUMPUR: Independent power producer Malakoff Bhd's net profit fell by 46.2% to RM50.80mil in the third quarter ended Sept 30 due to lower contributions from its coal plants and absence of one-off gains a year ago.
THE Ranhill Group is committed to enriching lives through sustainable solutions in water, wastewater and energy. With proven capabilities as a leading water operator in Johor, Ranhill’s presence in the environment sector also extends to wastewater management in Thailand and China, while in the energy sector, it is the largest Independent Power Producer (IPP) in Sabah through a 21-year power purchase agreement with Sabah Electricity Sdn Bhd for the sale of up to 380 megawatts (MW) electrical generation capacity and electricity production.