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The power sector in is expected to see a proliferation of solar projects this year, as households and companies seek to lower their electricity bill and reduce carbon footprint.
KUALA LUMPUR: Mega First Corp Bhd has proposed to acquire 3.38 million ordinary shares, representing a 20 per cent equity interest, in Don Sahong Power Co Ltd (DSPC) for US$85 million.
Tycoons on the 2023 Forbes list of Malaysia’s 50 Richest saw their combined wealth increasing to US$81.6bil (RM376.3bil) from US$80.5bil (RM371.2bil) a year ago.
Mega First Corp. Bhd annual balance sheet for 3069.MY company financials.
The market has taken into account the potential downside risk of global growth on Malaysia’s economic recovery according to Maybank Investment Bank (IB) Research.