News List

Over 500 residents benefit from COVID-19 vaccination outreach, 'SurFi-bah!' satellite internet service

KUALA LUMPUR, Aug 21 -- More than 500 residents from two villages around Inanam and Tuaran, Sabah have benefitted from the COVID-19 Vaccination Outreach Programme and satellite Internet service, ‘SurFi-bah!’.

KPower, Advancecon's subsidiaries signs solar photovoltaic PPAs with TNB

KUALA LUMPUR, Aug 20 -- KPower Bhd (KPower) and Advancecon Holdings Bhd’s subsidiaries have signed large-scale solar photovoltaic power purchase agreements (PPAs) with Tenaga Nasional Bhd (TNB).

Serba Dinamik aims to become major player in international re sector

KUALA LUMPUR, Aug 17 -- Serba Dinamik Holdings Bhd is optimistic of becoming a major player in the international renewable energy (RE) sector by leveraging its Scotland-based subsidiary Wellahead Engineering Ltd, which was acquired last year.

Eden recommences operation of Libaran Power Station for 3-year term

KUALA LUMPUR, Aug 16 -- Eden Inc Bhd’s wholly-owned subsidiary Stratavest Sdn Bhd (STV) has entered into a power purchase agreement with Sabah Electricity Sdn Bhd to further extend the operation of Libaran Power Station for another three years. 

Solar PV installation can help businesses save at least 25 pct in electricity cost

KUALA LUMPUR, Aug 13  -- A typical solar photovoltaic (PV) panel installation on commercial or industrial properties would help businesses to save potentially at least 25 per cent in electricity cost, UOB Malaysia deputy chief executive officer Ng Wei Wei said.

New Kanowit substation for better reliability of electricity supply

KUCHING, Aug 12 (Bernama) -- A new 32/33/11 kilovolt (kV) substation in Kanowit, a semi-urban settlement in central Sarawak, is nearing completion to connect it to the State's main electricity grid to reinforce the power distribution network in the area and improve reliability of supply. 

Serba Dinamik secures 15 O&M, EPCC contracts

KUALA LUMPUR, Aug 11 -- Serba Dinamik Holdings Bhd (SDHB), through its Malaysian and Indonesian subsidiaries, has secured 15 operations and maintenance (O&M) and engineering, procurement, construction, and commissioning (EPCC) contracts.

Reservoir Link gets shareholders nod to buy 51 pct of Founder Energy

KUALA LUMPUR, Aug 11 -- Upstream oil and gas well related services provider, Reservoir Link Energy Bhd has received shareholders’ approval to acquire a 51 per cent stake in Founder Energy Sdn Bhd (FESB) from for RM21.2 million.

DNeX's unit to acquire remaining interest in Avalon Oildfield for RM71.72 mln

KUALA LUMPUR, Aug 9  -- Dagang Nexchange Bhd (DNeX) will acquire the remaining 50 per cent interest in the development of Avalon Oilfield not owned by PING Petroleum UK Ltd (PING UK) for US$17.0 million (RM71.72 million) in total.

Manulife Investment Management launches Global Energy Transition Fund

KUALA LUMPUR, Aug 9  -- Manulife Investment Management (M) Bhd has launched Manulife Global Energy Transition Fund, which aimed to support the move towards a carbon neutral economy and mitigate the impact of climate change.