Pimpinan Ehsan Bhd News Today

A Japanese national and his Singapore-based company DPI Solar 1 Pte Ltd has filed a suit against Tan Sri Barry Goh Ming Choon, his nephew Datuk Michael Teh Kok Lee, BGMC Holdings Ltd, BGMC International Ltd (BGMCIL) and 21 others for purported fraud and causing wrongful loss over the Kuala Muda, Kedah and Machang, Kelantan solar projects.

KUALA LUMPUR (July 6) : Tan Sri Barry Goh Ming Choon has denied allegations of purported fraud claimed by Japanese national Kazuomi Kaneto and his Singapore based company, DPI Solar 1 Pte Ltd in relation to the solar projects in Kuala Muda, Kedah and Machang, Kelantan. Goh in a statement last night said for this purpose he has appointed Messrs Hashim Amran Tabian Ahmad as his solicitors to contest the RM180 million suit filed.

KUALA LUMPUR: Main Market-listed Pimpinan Ehsan Bhd (PEB) has entered into a second supplemental and restated share sale agreement (supplemental SSA II) with B.Grimm Power (Malaysia) Sdn Bhd, reNIKOLA Sdn Bhd, Boumhidi Adel and Tengku Zaiton Sultan Abu Bakar on the proposed acquisition of reNIKOLA Holdings Sdn Bhd and its subsidiaries.

A spike in the cost of solar panels has thrown the solar power industry into focus

Pimpinan Ehsan Bhd (PEB) today announced its auditor, Messrs BDO PLT (BDO), has voluntarily resigned and the group has recommended the appointment of Messrs Crowe Malaysia PLT as its new auditor. The group added that the auditor’s recommendation will be tabled during the forthcoming 5th Annual General Meeting on June 24.

KUALA LUMPUR (March 11): Malaysian solar company reNIKOLA Sdn Bhd aims to reach 1GW peak generation by 2025 by adding capacity and through acquisitions, according to managing director Boumhidi Adel. "Our sights are set on projects in Malaysia but we dont discount looking at projects in the ASEAN region in the near future," he said in an interview. The Kuala Lumpur-based company is also looking at other forms of renewable energy that fit its investment criteria and environmental, social, and cor...

The FBM KLCI finished the first day of March lower, with declines in rubber glove counters pushing the benchmark index downwards. At market close, the index was down 0.67% or 10.61 points at 1,567.14.

A corporate exercise quietly announced a week ago seems to have gotten the notice of some investors. Pimpinan Ehsan Bhd (PEB), a company that was controlled by tycoon Tan Sri Rozali Ismail, a cash shell looking for an acquisition target, made two stock exchange filings on Feb 19. One, that Rozali and other shareholders had sold out of the company to new parties, thereby triggering a mandatory general offer (MGO) and two, that PEB was planning to acquire solar power assets. Since the announcemen...

The stocks with positive momentum were: Signature International Bhd — up 15.5 sen at 66.5 sen Lion Posim Bhd — up 12.5 sen at 69.5 sen The stocks with negative momentum were: Melewar Industrial Bhd — up four sen 55.5 sen CSC Steel Holdings Bhd — up three sen at RM1.39 Complete Logistics Services Bhd — up 23 sen at RM1.54 Leon Fuat Bhd — up five sen at 68.5 sen Pimpinan Ehsan Bhd — down nine sen at RM1.84 Country Heights Holdings Bhd — unchanged at RM1.46 YLI Holdings Bhd ...

The main index at Bursa Malaysia rose 1.04% at the midday break today, tracking the jump at regional markets, as Petroliam Nasional Bhd (Petronas)-linked stocks led the gains.