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February 2, 2021
PETALING JAYA: KPower Bhd’s maiden venture into the solar power installation business will further strengthen its growth prospects, as it should ride on the wave of interest in renewable energy in Malaysia, according to RHB Research.
January 28, 2021
KPower and Public Islamic Bank team up for solar PV systems financing scheme Picture for representational purposes only. – BERNAMAPIX PETALING JAYA: KPower Bhd’s wholly owned subsidiary KPower Engineering Sdn Bhd has entered into a memorandum of agreement with Public Islamic Bank Bhd (PIBB) to provide the financing and installation of solar photovoltaic (PV) systems to the latter’s customers in relation to the net energy metering (NEM) scheme. The scheme introduced by the Sustainable ...
January 28, 2021
The public should play an active role in mitigating climate change by generating clean energy for private consumption. KUALA LUMPUR: Public Islamic Bank Bhd and KPower Bhd are working together for the installation and financing of solar photovoltaic (PV) systems for the bank’s customers. They had on Wednesday signed a memorandum of agreement (MOA) where KPower’s unit KPower Engineering Sdn Bhd will install and provide all related technical matters on solar PV systems to the bank’s custome...
January 27, 2021
KUALA LUMPUR (Jan 27): Pimpinan Ehsan Bhd (PEB) is proposing to undertake a capital repayment exercise that involves a pro-rata cash distribution of approximately RM66.7 million — on the basis of 96 sen per share — on an entitlement date to be determined later. In a filing with Bursa Malaysia today, the cash company said upon completion of the capital repayment exercise, the company proposes to delist from the official list of Bursa Securities. “After the delisting, the board will conside...
January 27, 2021
KUALA LUMPUR (Jan 27): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Jan 29) include: Fraser & Neave Holdings Bhd, Fintec Global Bhd, Pasukhas Group Bhd, Power Root Bhd, Tasco Bhd, See Hup Consolidated Bhd, Pavilion REIT, Chin Hin Group Property, Lotte Chemical Titan Holdings Bhd, KLCC Stapled Group Bhd, Digi.Com Bhd, Pimpinan Ehsan Bhd, Guocoland (Malaysia) Bhd, KPower Bhd and TA Enterprise Bhd, Fraser & Neave Holdings Bhds (F&N) revenue continued ...
January 15, 2021
KUALA LUMPUR (Jan 15): Seacera Group Bhd is selling a 72,770 square metre land in Taiping, Perak, to AT Systematization Bhd’s glove unit for RM10.5 million. The land being sold to AT Glove Engineering Sdn Bhd was valued at RM11.7 million by an independent valuer in June 2015, Seacera said in a filing to Bursa Malaysia. “The proposed disposal is to divest some assets in raising cash to repay creditors and bank loans,” the group said, adding that the proceeds would also be used for working...
January 15, 2021
KUALA LUMPUR (Jan 15): Based on corporate announcements and news flow today, stocks that may be in focus on Monday (Jan 18) include: KNM Group Bhd, Kanger International Bhd, SKP Resources Bhd, Batu Kawan Bhd, Chemical Company of Malaysia Bhd (CCM), Daya Materials Bhd, Samaiden Group Bhd, MESB Bhd, Seacera Group Bhd, AT Systemization Bhd, Notion-VTec Bhd, Tenaga Nasional Bhd (TNB), Genting Malaysia Bhd (GenM) and FGV Holdings Bhd. KNM Group Bhd plans to raise up to RM54.93 million via a private ...
December 16, 2020
Electricity demand dips, renewable energy gains momentum 16 Dec 2020 / 10:41 H. Pix for representational purpose only. KUALA LUMPUR: The fallout from Covid-19 has a significant impact on electricity consumption trends in Malaysia and elsewhere as movement restrictions to stop the spread of the virus have led to sudden change of socioeconomic habits such as commuting, working and playing. At the peak of the pandemic, only essential industries were allowed to operate, even some at only 50 pe...
December 10, 2020
KUALA LUMPUR (Dec 10): The FBM KLCI settled up 6.98 points or 0.42% at 1,653.51 during Bursa Malaysias noon break today while the Technology index fell over 1% to become the top percentage decliner among bourse gauges after US-listed Facebook Incs share price closed down 1.93% overnight on news the company is facing US government lawsuits for the alleged breach of antitrust law. Across Bursa at 12.30pm today, 4.56 billion securities were traded for RM2.55 billion. Bursas Technology index, which...