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Daya Materials inks debt settlement agreements with creditors


KUALA LUMPUR (March 16): Daya Materials Bhd today inked a series of agreements as part of its debt restructuring scheme, following the approval in principle from its creditors in July last year.
The Practice Note 17 company, in a bourse filing, said it signed seven supplemental agreements and two debt settlement agreements with its creditors.
The creditors comprise Malayan Banking Bhd, United Overseas Bank (M) Bhd, RHB Bank Bhd, Hong Leong Bank Bhd, Al Rajhi Banking & Investment Corp (M) Bhd, Public Islamic Bank Bhd, Propel Global Bhd, Export-Import Bank of Malaysia Bhd, and Siem Offshore Rederi AS.
“All the defaulted debts will be restructured and settled in accordance with the respective agreements,” the oil and gas services group said. ....

Kuala Lumpur , Bank Bhd , Hong Leong Bank Bhd , Al Rajhi Banking Investment Corpm Bhd , Public Islamic Bank Bhd , United Overseas Bankm Bhd , Daya Materials Bhd , Practice Note , Malayan Banking Bhd , United Overseas Bank , Investment Corp , Propel Global Bhd , Export Import Bank , Malaysia Bhd , Siem Offshore Rederi , Daya Materials , குவாலா லம்பூர் , வங்கி ப்ட் , ஹாங் லியோங் வங்கி ப்ட் , பொது இஸ்லாமிய வங்கி ப்ட் , தயா பொருட்கள் ப்ட் , ப்ர்யாக்டீஸ் குறிப்பு , மலையன் வங்கி ப்ட் , ஒன்றுபட்டது ஓவர்‌ஸீஸ் வங்கி , முதலீடு கார்ப் , ப்ரொபெல் உலகளாவிய ப்ட் ,

KPower and Public Islamic Bank team up for solar PV systems financing scheme


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 building to encourage the public to play a role in mitigating climate change by generating energy for private consumption. ....

Malaysia General , Sdn Bhd , Kpower Bhd , Public Islamic Bank Bhd , Sustainable Energy Development Authority , Engineering Sdn Bhd , Mustakim Mat Nun , மலேசியா ஜநரல் , ஸ்டன் ப்ட் , பொது இஸ்லாமிய வங்கி ப்ட் , நிலையான ஆற்றல் வளர்ச்சி அதிகாரம் , பொறியியல் ஸ்டன் ப்ட் , முஸ்தாக்கிம் பாய் கன்னியாஸ்திரி ,

Financing for solar PV systems


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 Natural Resources Ministry on Dec 29 to cater for the rising customer demands for solar panel financing. ....

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F&N, Fintec Global, Pasukhas, Power Root, Tasco, See Hup, Pavilion REIT, Chin Hin, Lotte Chemical Titan, KLCC Stapled, Digi, Pimpinan Ehsan, Guocoland, KPower and TA Enterprise


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 RM1.08 billion from RM953.7 million, amidst a gradual recovery in local and export markets. The higher revenue lifted F&N s quarterly net profit, which doubled to RM136.8 million from the RM68.03 million achieved in the preceding quarter. ....

Kuala Lumpur , Kpower Bhd , Pasukhas Sdn Bhd , Hulu Selangor , M Sdn Bhd , Pimpinan Ehsan Bhd , Sdn Bhd , Tasco Bhd , Sdn Bhd Kpeng , China Communications Construction , Property Holdings , Fraser Neave Holdings Bhd , Hong Leong Group , Sustainable Energy Development Authority , Chin Hin Group Property , Pasukhas Group Bhd , Group Bhd , Lotte Chemical Titan Holdings Bhd , Public Islamic Bank Bhd , Chin Hin Group Property Bhd , Property Holdings Bhd , Neave Holdings Bhd , Fintec Global Bhd , Power Root Bhd , Hup Consolidated Bhd , Digi Com Bhd ,