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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.
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 Energy Development Authority provides an avenue for consumers to install solar PV systems on their b...
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 customers. The MoA was in line with the Net Energy Metering 3.0 (NEM 3.0) launched by the Energy and Natura...
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 consider the options available to the company to return the residual assets (after settling all outstanding...
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 Bhd's (F&N) revenue continued to recover in the first financial quarter ended Dec 31, 2020. It grew 13.6% quarter-on-quarter to R...