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Smart Solar Market Size Will Garner USD 62,279 Million by

Smart Solar Market Value Anticipated To Reach US$ 38,988 8 Million By 2027: Acumen Research And Consulting

Smart Solar Market Value Anticipated To Reach US$ 38,988 8 Million By 2027: Acumen Research And Consulting
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Trading ideas: Hai-O, NTPM, Reservoir Link

KUALA LUMPUR: There is a long list of stocks to watch for on Monday following the announcement of corporate earnings and activities in the previous week, according to JF Apex Research. Hai-O’s net profit grew 41.5% year-on-year to RM10.35 million in its 2QFY21 from RM7.32 million last year, thanks to higher sales from its multi-level marketing division. NTPM returned to the black in the second quarter ended Oct 30, 2020 with a net profit of RM13.74 million from a net loss of RM1.36 million a year earlier. Reservoir Link Energy has bagged a contract worth US$11.5 million (RM46.3 million) for the provision of perforation and wash for abandonment and decommissioning of Chinguetti and Banda Fields, offshore Mauritania.

Mestron partners Samdo Smart Solar to undertake EPCC for solar power systems on telco towers

KUALA LUMPUR (Dec 18): Steel pole maker Mestron Holdings Bhd is teaming up with Samdo Smart Solar (M) Sdn Bhd to jointly undertake engineering, procurement, construction and commissioning (EPCC) services for six solar power systems for telecommunication towers in Malaysia.   Mestron s wholly-owned Mestron Engineering Sdn Bhd (MESB) inked a joint venture agreement with Samdo for the partnership today.  Samdo, according to Mestron in its stock exchange filing today, is the appointed service provider of a local telecommunication service provider to provide the EPCC services for the towers that are spread out in Peninsular and East Malaysia. Under the partnership, the two parties shall undertake the EPCC services on a 50:50 profit-sharing basis.

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