PLB Engineering to sell stake in solar energy firm to repay loans
The sale of the stake in PLB Green Solar Sdn Bhd — held through PLB's 85.
The sale of the stake in PLB Green Solar Sdn Bhd — held through PLB's 85.
Cypark said the partners plan to integrate renewable energy sources and modern energy management systems, including battery storage solutions, to ensure firm and cost-efficient power supply to the industrial park.
Vizione said JL-Edison allegedly failed to adhere to the mutually amended terms of the consultancy agreement, prompting Zenith Urban Development to take legal action to recover the balance of the purchase price from the final buyer.
Earlier this month, Kuchai announced that the disposal of its assets and liabilities to Sungei Bagan had been revised lower due to the state authority’s rejection of a land transfer in Semenyih from Kuchai to Sungei Bagan.
The development presents an opportunity for Fajarbaru to expand its business activities in Penang, and not limited to the development of Medi-City.
It added that the industrial park would complement its proposed development of the smart AI container port project in Negeri Sembilan.
The Penang-based mechanical, electrical and process utilities design and engineering services provider did not name the multinational company.
“Save for the amount claimed, the petition is not expected to have any financial and operational impact/losses to the group as the amount claimed is 0.
At an extraordinary general meeting on the same day, shareholders approved the name change as well as the group's plan to diversify into interior design and fit-out activities.
While we don’t disagree with paying taxes on money made and even money spent (in the form of GST), paying taxes on things we own that we have already paid taxes on with already taxed money would be a SCAM.