Ipmuda Bhd News Today

PETALING JAYA: Jentayu Sustainables Bhd’s soon to be acquired Telekosang Hydro One Sdn Bhd (Telekosang Hydro) has started operations on Nov 5.

KUALA LUMPUR: Businessman Datuk Siew Mun Chuang has surfaced as a substantial shareholder of Scomi Group Bhd, controlling almost 62.5 million shares or about 5.3% equity interest in the oil and gas company, after acquisition on the open market. Siew acquired a chunk of shares on Aug 28, making him a substantial shareholder, according to a filing with Bursa Malaysia yesterday. Siew is managing director of the Oriental Group of Restaurants. He holds stakes in many companies which are linked to Tan...

KUALA LUMPUR: Jentayu Sustainables Bhd (Jentayu Sustainables), previously Ipmuda Bhd, said the hydropower plant it is acquiring in a related-party transaction will be commercially operational by the end of this year.

KUALA LUMPUR (Aug 26): Jentayu Sustainables Bhd (Jentayu Sustainables), previously Ipmuda Bhd, said the hydropower plant it is acquiring in a related-party transaction will be commercially operational by the end of this year.

Jentayu Sustainables Bhd (formerly known as Ipmuda Bhd) on Tuesday proposed a private placement to raise as much as RM47.07 million mainly towards financing the group's pre-development expenditures.

Based on corporate announcements and news flow on Wednesday (Dec 15), companies in focus on Thursday (Dec 16) may include: Serba Dinamik Holdings Bhd, ATA IMS Bhd, Dialog Group Bhd, Censof Holdings Bhd, Malaysia Airports Holdings Bhd, Allianz Malaysia Bhd, JHM Consolidation Bhd, TH Plantations Bhd, China Automobile Parts Holdings Ltd, Ipmuda Bhd, Advance Information Marketing Bhd and Kamdar Bhd

Ipmuda Bhd, which will soon change its name to Jentayu Sustainables Bhd, said it has received the Sabah government’s approval for its proposal to develop two hydro plants in Sipitang with total capacity of 160 megawatts (MW). Ipmuda said the State government gave the greenlight to the group for “exclusive water and land rights to develop run-of-river hydroelectric cascading schemes” in Sungai Maligan and Ulu Padas, Sipitang, with installed capacity of 31MW and 129MW respectively.

, which was issued an unusual market activity (UMA) query by Bursa Malaysia Securities Bhd, is unaware of any reason for the sharp rise in the price and trading volume of its shares. It said there was no corporate development that had not been previously announced and that the company was also not aware of any rumour or report concerning its business and affairs that might account for the trading activity. "In line with the group’s asset rationalisation exercise to unlock and realise the valu...

KUALA LUMPUR (March 12): theedgemarkets.com  highlighted eight stocks at Bursa Malaysia’s afternoon close today. Three stocks indicated positive momentum, while five stocks displayed negative momentum. The stocks with positive momentum were: Avillion Bhd — down one sen at 11.5 sen Dagang NeXchange Bhd (DNeX) — up 14 sen at RM1.01 Opcom Holdings Bhd — up 8.5 sen at 71 sen The stocks with negative momentum were: CB Industrial Product Holding Bhd — unchanged at RM1.21 Dominant Enterpri...

KUALA LUMPUR (Jan 6): The building management of Maju Tower/Maju Junction Mall here is said to have informed tenants of Maju Tower about the presence of a Covid-19-positive individual at the building maintenance unit. Maju Tower tenant Ipmuda Bhd said in a Bursa Malaysia filing today the diversified companys premises at the ninth floor of Maju Tower in Jalan Sultan Ismail here will be closed for three days from today (Jan 6) to Friday (Jan 8). "This is to carry out the necessary sanitisation as...