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KUALA LUMPUR: Shares of Kumpulan Powernet Bhd (KPower) rose 4% this morning after the company secured a RM208mil power plant job in Nepal.
KUALA LUMPUR: MyEG Services Bhd, Green Packet Bhd, Taliworks Corp Bhd, Widad Group Bhd, Magna Prima Bhd and Kumpulan Powernet Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
KUALA LUMPUR: Kumpulan Powernet Bhd has received a US$48mil (RM208.08mil) contract from Ghaurishankar Power Development Pvt Ltd to construct a 22.9MW mini hydropower plant in Solukhumbhu, Nepal.
Demand to remain weak due to global economic downturn
BEIJING: State-owned China Three Gorges Renewables Group Co is seeking to raise 25 billion yuan (US$3.5bil) in one of the country’s biggest initial public offerings this year.
KUCHING: Sarawak Cable Bhd has disposed of all but one helicopter as its loss-making aviation business has been a drag on its bottom line.
KUALA LUMPUR: Malakoff Corp Bhd posted improved earnings for the final quarter of financial year ended Dec 31,2019 (FY19), aided by a one-off gain from the disposal of its investment in Malakoff Australia Pte Ltd.
PARIS: French solar farm developer Tenergie SAS and a financial partner are considering a capital spending increase and plan to buy clean power operators to help expand into the wind and hydro-power sectors as demand for cleaner energy continues to increase.