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KUALA LUMPUR: Foreign investors were net sellers of Malaysian equities last week, with total outflow amounting to RM235.26mil.

. Tan Chong Motor will undertake its LSS4 venture via a consortium comprising its two listed sister companies, APM Automotive Holdings Bhd . Except for Tan Chong Motor, Advancecon and MK Land, all shortlisted bidders won 50MW in LSS4 capacity each, which is the maximum capacity allowed for a single bidder. “Actual financial details of the individual LSS4 projects are still sketchy at this point, pending further disclosure by the respective companies. “As a ballpark figure, however, we estimate about RM11mil to RM13mil incremental annual Ebitda for the 50MW LSS4 assets, assuming a project ...

PETALING JAYA: Tenaga Nasional Bhd’s (TNB) (pic) foray into the renewable energy (RE) market in Singapore is in line with the utility giant’s plans to fast track its RE expansion plan, say analysts.

Economy to shrug off current weakness

Downside is increased shareholding dilution