Malaysia lifts RE exports ban and raises 2050 generation capacity goal to 70%
Rafizi said the government is also committed to introducing “more RE programmes based on a willing buyer, willing seller basis” to induce private-sector participation.
Citaglobal’s unit wins RM261m rail rehabilitation KVDT2 works contract
The contract, spanning three years starting from June 1, 2023, was awarded by KVDT2’s main contractor Dhaya Maju Infrastructure (Asia) Sdn Bhd and is expected to be completed after 36 months from commencement.
Axis REIT provides RM7m impairment as tenant Yongnam defaults on rental
Axis REIT said it has issued a notice to terminate its lease agreement with Yongnam Engineering Sdn Bhd, which is a major tenant at the Axis Steel Centre @ SiLC, following the default.
Five years on, Brem Holdings ceases to be substantial shareholder in Titijaya
Brem Holdings Bhd has ceased to be a substantial shareholder in Titijaya Land Bhd, after its 48.33%-owned unit Titi Kaya Sdn Bhd disposed of 7.7 million shares in the property developer.
Tek Seng buys land near Penang factories for RM34m
PVC products manufacturer Tek Seng Holdings Bhd is acquiring three parcels of freehold vacant land near its factories in Seberang Perai, Penang for RM33.96 million.
SIAB, Yong Tai mutually terminate two outstanding condominium projects valued at RM190.4 mil
SIAB Holdings Bhd and Yong Tai Bhd have mutually agreed in principle to terminate two condominium projects belonging to Yong Tai on Jalan U-Thant here, and in Melaka, with a combined outstanding contract value of RM190.48 million.
Malaysia’s national grid can take on more RE, says Irena chief
However, investment for the grid of the future must be committed now to ensure continuity through the energy transition.
Advancecon’s former deputy CEO goes to court to nullify his removal from office
Advancecon Holdings Bhd’s second largest shareholder Lim Swee Chai has filed an originating summons against the company to nullify his removal as director last year.
MOF moots lower electricity subsidies for high-income households in 2H2023, says new Treasury sec-gen
He said the Prime Minister Datuk Seri Anwar Ibrahim has signalled through the Budget 2023 that the government is moving in the direction of helping the poor and expecting the high income earners to contribute.
Govt confident of reducing MRT3 costs to below RM45b, says Anwar
Prime Minister Datuk Seri Anwar Ibrahim said his administration is reviewing the Mass Rapid Transit 3 (MRT3) project, and is confident of achieving further savings and bringing down the price tag to under RM45 billion, from RM50 billion announced by the previous government.
