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.
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.
The curriculum is run as a fully sponsored community project by Yayasan Gamuda, and is open to students, graduates, professionals and start-up founders up to the age of 40, who have an interest in learning AI.
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.