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DNeX to buy additional 60 pct stake in Ping for US$78 mln

KUALA LUMPUR, Jan 22  -- Dagang NeXchange Bhd (DNeX) has entered into a conditional share sale and purchase agreement (SSPA) with the other shareholders of Ping Petroleum Ltd to acquire an additional 60 per cent of the issued share capital in Ping not owned by DNeX, for US$78 million (RM314.3 million). 

Iskandar Malaysia outlines high-impact initiatives to spur economic recovery, says PM

JOHOR BAHRU, Jan 22  -- The Iskandar Malaysia economic growth corridor has taken various efforts to outline bubble travellers, hard and soft infrastructure, and talent reskilling initiatives as part of its year-long core programmes to assist in economic recovery amid the COVID-19 pandemic.

Serba Dinamik: Private placement to fund future growth, reduce net gearing

KUALA LUMPUR, Jan 20  -- Serba Dinamik Holdings Bhd said its proposed private placement will enable the group to manage its liquidity and gearing levels to fund current operations and future growth. 

Serba Dinamik clinches contracts worth RM548.2 mln

KUALA LUMPUR, Jan 18 -- Integrated engineering services provider, Serba Dinamik Holdings Bhd kicked off 2021 by securing 11 contracts in operations and maintenance (O&M), engineering, procurement, construction and commissioning (EPCC) as well as information, communications and technology (ICT) space.

Carbon Trust unveils Energy Efficiency Accelerator for ASEAN F&B companies

KUALA LUMPUR, Jan 14 -- The Carbon Trust has launched the UK-ASEAN Energy Efficiency Accelerator (the Accelerator) to support businesses across Southeast Asia scale up energy efficiency improvements. 

BoxLNG, HoSt Holding collaborate to develop CBG projects in India

KUALA LUMPUR, Jan 13 -- BoxLNG, the India-based distributed clean bioenergy project developer has signed a technology collaboration and investment agreement with HoSt Holding B.V. (HoSt) of the Netherlands. 

Advancecon inks solar power purchase agreements with two companies

KUALA LUMPUR, Jan 11  -- Advancecon Holdings Bhd will generate a total capacity of 993.96 kilowatt peak (kWp) solar energy under the Net Energy Metering scheme following the signing of power purchase agreements with two companies today.

Jerun CPP job to drive order book momentum for Sapura Energy

KUALA LUMPUR, Jan 8  -- Sapura Energy Bhd's order book is expected to be boosted further as it is expected to secure the engineering, procurement, construction and installation (EPCIC) contract for the central processing platform (CPP) for SapuraOMV Upstream Sdn Bhd's Jerun field development, offshore Sarawak. 

Petronas Carigali takes over operatorship of E11 gas hub, offshore Sarawak

KUALA LUMPUR, Jan 7  -- Petronas’ subsidiary, Petronas Carigali Sdn Bhd (PCSB), has taken over the operatorship of the E11 gas hub, located 130km offshore Bintulu, Sarawak, effective Jan 1, 2021.

Kedah to receive RM1.5 bln investment in green vehicle tech, defence sectors -- MB

BUKIT KAYU HITAM, Jan 6 -- Kedah is poised to receive investment in green vehicle technology and defence equipment industries worth RM1.5 billion, Menteri Besar Muhammad Sanusi Md Nor said.