Govt to liberalise power industry

KUALA LUMPUR (Sept 17): The Cabinet has approved a 10-year masterplan to reform the domestic power industry, in which the government will now stop approving new independent power production projects that come with power purchase agreements (PPA).

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Nextgreen sees return to profit in FY19

KUALA LUMPUR (Nov 21): Nextgreen Global Bhd (formerly BHS Industries Bhd), which has been making losses for three straight years, expects to return to profit in the financial year ending June 30, 2019 (FY19) on the back of improved market conditions, as well as the commercialisation of its industrial park.

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Acoustech buys Melaka serviced apartments

PETALING JAYA (Nov 8): Acoustech Bhd has entered into an agreement with Jaya Mapan Sdn Bhd to acquire a block of serviced apartments in Melaka for a purchase consideration of RM18 million, The Star reported yesterday.

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