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.
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.
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.
The success of TODs in Malaysia hinges on coordinated planning, strong local authority involvement, and effective partnerships between stakeholders.
The proposed IPO involves a public issue of 132 million new shares and an offer for sale of 59 million existing shares at a price to be determined later, according to its draft prospectus.