News about OLA

Quarterly revenue rose 55.

The property developer said the project, located on 141 acres of industrial land in Desa Cemerlang, will upon completion be expected to yield 12.

Of the RM100 million contract value, RM92 million is the contract price while the remaining RM8 million is the optional items price.

The expansion of NEM also follows the recent announcement by Prime Minister Datuk Seri Anwar Ibrahim in Budget 2024 to extend the application period for the current NEM programme to end-2024, from end-2023 currently.

“Our steadfast dedication to environmental sustainability, social responsibility and robust governance practices underscores our promise to provide top-quality services.

The total quota of 800MW under CGPP has now been fully subscribed.

Looking ahead, the group acknowledged challenges in the domestic property sector due to higher interest rates, ongoing inflation and an oversupply of properties in different markets and segments.

Reneuco said its wholly owned subsidiary Reneuco RE was appointed by MBPJ for the proposed installation, which involves 267.

At the same time, the government is calling for companies to offer a model for residential rooftop solar installation that requires zero capital expenditure (capex), such as those currently offered by Petroliam Nasional Bhd’s (Petronas) green energy unit Gentari Sdn Bhd.

Sime Darby Property group managing director Datuk Azmir Merican said the collaboration is a step towards transitioning the real estate industry towards renewable energy.