Power transmission provider Pestech (Cambodia) Plc on Wednesday became the 13th company to list on the Cambodia Securities Exchange (CSX), following an arduous preparation process marred by the Covid-19 pandemic. In its initial public offering (IPO) Pestech Cambodia, a 100 per cent owned subsidiary of Malaysia-based Pestech International Bhd, issued 3.9 million shares (5.26 per cent […]

Chinese companies have outnumbered their local and foreign rivals by far in submitting bids for a controversial solar tender in Myanmar, according to an unofficial list of bidders seen by The Myanmar Times. The ministry has not made any official announcements about the number of bids received or released details of the bidders, however, the […]

Malaysia-based Hengyuan Refining Company Bhd. (HRC) has started using Honeywell UOP’s modular Chlorsorb™ technology as part of a revamp of its existing UOP CCR Platforming™ unit to help it comply with new clean air regulations. Located in HRC’s facility in Port Dickson, Malaysia, the modular Chlorsorb unit is the first retrofit in the world involving such a […]

KUALA LUMPUR, July 3 (Bernama): The outlook for oil prices outlook will continue to be uncertain, largely driven by the double jeopardy of a slowdown in demand and unabated supply from producers, said Sapura Energy Bhd. President and group chief executive officer Tan Sri Shahril Shamsuddin said accordingly, the oilfield services and equipment as well […]

KUALA LUMPUR: Tenaga Nasional Bhd is focusing on six game-changing areas to spearhead the growth in the national power sector. They are “Grid of the Future”, building a global solar manufacturing hub, raising national competitiveness through energy efficiency, electrifying mobility for Malaysia, advancing connectivity for the country’s digital economy and “Reskilling Malaysia”.

DALLAS, July 9, 2020 /PRNewswire/ — Jacobs (NYSE:J) was appointed by Hanwha Energy Corporation to deliver owner’s engineer services to support the design, engineering, procurement, construction, installation, testing and commissioning of a new 100 megawatt alternating current (MWac) solar photovoltaic power plant in Pekan, Pahang, Malaysia.

MALAKOFF Corp Bhd remains an attractive stock pick for investors due to its valuation and stable income, despite operating in a challenging utility business. Affin Hwang Investment Bank Bhd analyst Ng Chi Hoong believes the independent water and power producer’s earnings will be relatively stable as they are mostly derived from capacity payments which are not […]

LAST Tuesday, Gas Malaysia Bhd (GMB) released the access arrangement document for its gas distribution pipelines as part of the requirement to allow the implementation of the third-party access (TPA) regime in the Peninsular Malaysia gas market. The document, approved by the Energy Commission (EC), was released by the natural gas distributor on its website.

KUALA LUMPUR: Advancecon Holdings Bhd has entered into solar energy Memorandums of Understanding (MoUs) with furniture players Latitude Tree Furniture Sdn Bhd and Rhong Khen Timbers Sdn Bhd to install rooftop solar photovoltaic systems under the Net Energy Metering (NEM) scheme. Advancecon said it would undertake the engineering, procurement and construction of the solar photovoltaic systems […]

[KUALA LUMPUR] Malaysia is losing up to 25 per cent of its potential palm oil yield due to a labour shortage that is expected to worsen in the coming months, the Malaysian Palm Oil Association (MPOA) said on Monday. The group, which represents plantation firms, said the government’s decision to freeze the recruitment of new foreign […]