Voith Hydro, which is a manufacturer and supplier for hydropower plants and engineering services, had yesterday signed a memorandum of collaboration with WBG.
PETALING JAYA: Germany’s Voith Hydro GmbH & Co KG is teaming up with Widad Business Group Sdn Bhd (WBG) to seek out more hydro projects in Malaysia.
Voith Hydro, which is a manufacturer and supplier for hydropower plants and engineering services, had yesterday signed a memorandum of collaboration with WBG.
Markus Kaufmann, head of sales and proposal service and upgrade at Voith Hydro, said more than 50% of the peninsular hydropower plant capacity provided by the company is in Sungai Perak and Cameron Highlands.
At 10.15am, the FBM KLCI had lost 8.66 points to 1,597.48.
Market sentiment was tepid with losers leading gainers by 512 to 357, while 439 counters traded unchanged. Trading volume was 3.49 billion shares valued at RM1.45 billion.
The losers included Heineken Malaysia Bhd, Malaysian Pacific Industries Bhd, Hong Leong Bank Bhd (HLB), Petronas Chemicals Group Bhd (PetChem), Pentamaster Corp Bhd, UWC Bhd, Telekom Malaysia Bhd (TM), Hengyuan Refining Company Bhd and Genting Bhd.
The actively traded stocks included DGB Asia Bhd, Sapura Energy Bhd, Dagang NeXchange Bhd (DNeX), AT Systematization Bhd and Dataprep Holdings Bhd.
The gainers included UPA Corp Bhd, Supermax Corp Bhd, Ralco Corp Bhd, VSTECS Bhd, Genetec Technology Bhd, Grand Hoover Bhd, ViTrox Corp Bhd and Tasco Bhd.
Widad Business Group plans RM40 billion GDV project in Langkawi – Widad@Langkasuka 20 Jan 2021 / 22:56 H. Widad Business Group is a majority stakeholder of Bursa-listed Widad Group Bhd and Dataprep Holdings Bhd.
PETALING JAYA: Widad Business Group Sdn Bhd (WBG) is planning to build a mixed development named Widad@Langkasuka in Pulau Langkawi, Kedah, with an estimated gross development value of RM40 billion.
Expected to be completed within 15 to 20 years, the announcement of the project commencement was made in Kedah by Mentri Besar Muhammad Sanusi Md Nor.
WBG, a wholly bumiputra private company owned by Kedah-born Tan Sri Muhammad Ikmal Opat Abdullah, is a majority stakeholder of Bursa-listed Widad Group Bhd and Dataprep Holdings Bhd.