Power International Holding Secures Full Ownership Of MTS From Kazakhtelecom

KUALA LUMPUR, Jan 17 (Bernama) -- Power International Holding (PIH), a globally recognised Qatari-based conglomerate, has officially completed the acquisition of Mobile Telecom-Service LLP (MTS) from Kazakhtelecom JSC, securing full ownership of the company.

MATRADE Inks Solar PPA With Kejuruteraan Cahaya Abadi

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia External Trade Development Corporation (MATRADE) today signed a solar power purchase agreement (PPA) with Kejuruteraan Cahaya Abadi Sdn Bhd (KCASB) for electricity consumption savings worth RM500,000 a year.

Taiwan's Linco Technology Acquires Senai Airport City Land

KUALA LUMPUR, Jan 2 (Bernama) -- Senai Airport City Sdn Bhd and Lincotec Technology (Malaysia) Sdn Bhd, a wholly owned subsidiary of Taiwan’s Linco Technology Co. Ltd, have entered into a sale and purchase agreement for Lincotec to acquire 4.02 hectares (9.93 acres) of industrial land.

Gamuda Unit Acquires Freehold Land In Port Dickson For RM424.4 Mln

KUALA LUMPUR, Dec 30 (Bernama) -- Gamuda Bhd’s wholly owned indirect subsidiary, Gamuda DC Infrastructure Sdn Bhd, has entered into a sale and purchase agreement with West Synergy Sdn Bhd to acquire 157.42 hectares of freehold land plots in Port Dickson for RM424.4 million.

Samaiden Shortlisted To Develop 99.99MW Large Scale Solar PV Plant In Kelantan

KUALA LUMPUR, Dec 30 (Bernama) -- Renewable energy (RE) solutions provider Samaiden Group Bhd’s (Samaiden) wholly-owned subsidiary, Samaiden Sdn Bhd (SSB), has been shortlisted for the development of a 99.99-megawatt (MW) large scale solar photovoltaic (PV) plant in Pasir Mas, Kelantan. 

Nestcon Secures Large Scale Solar Plant Project In Sabah

KUALA LUMPUR, Dec 24 (Bernama) -- Nestcon Bhd’s wholly owned subsidiary, Nestcon Infra Sdn Bhd is set to develop a large-scale solar photovoltaic plant (LSSPV) with 14.99 megawatts of alternating current (MWac) in Bongawan, Kimanis, Sabah.

Mah Sing To Acquire Land In Johor Bahru With RM1.5 Bln GDV

KUALA LUMPUR, Dec 19 (Bernama) -- Mah Sing Group Bhd plans to acquire 2.424 hectares of freehold land in Johor Bahru, designated for the development of premium serviced apartments and retail units, with an estimated gross development value (GDV) of RM1.5 billion.

OSK Indirect Unit Acquires Land In Sungai Petani For RM72 Mln

KUALA LUMPUR, Dec 6 (Bernama) -- OSK Holdings Bhd's indirect subsidiary OSK Amanjaya Sdn Bhd, has entered into a sale and purchase agreement with Central Kedah Properties Sdn Bhd to acquire five parcels of land in Sungai Petani, Kedah, for RM72 million. 

Deleum Acquires 70 Pct Stake In Indonesia’s PT OSA For RM31.3 Mln

KUALA LUMPUR, Dec 5 (Bernama) -- Deleum Bhd’s (Deleum) wholly-owned subsidiary, Deleum Services Sdn Bhd, today has signed a share purchase agreement to acquire a 70 per cent stake in PT OSA Industries Indonesia Pte Ltd (PT OSA) for US$7 million (RM31.3 million).

Yinson Renewables Secures US$59 Mln Financing For Matarani Solar Project

KUALA LUMPUR, Nov 28 (Bernama) -- Yinson Holdings Bhd’s renewables business unit, Yinson Renewables (YR), has secured a US$59 million (US$1=RM4.4325) senior secured green financing facility for the Matarani solar project in Peru from IDB Invest and Natixis Corporate & Investment Banking (Natixis CIB).

Sarawak Set To Finalise MASwings Acquisition By Next Month - Abang Johari

KUCHING, Nov 24 (Bernama) -- Sarawak is set to finalise the sale and purchase agreement for MASwings, a subsidiary regional airline of Malaysia Aviation Group (MAG), by next month, said Premier Tan Sri Abang Johari Tun Openg.

Icon Offshore Secures Four Key Agreements To Drive Portfolio Growth And Expansion

KUALA LUMPUR, Nov 22 (Bernama) -- Offshore support vessel (OSV) company Icon Offshore Bhd has signed four conditional share sale and purchase agreements (SSPAs) with various vendors for proposed acquisitions.