KUALA LUMPUR: Main Market listed Jentayu Sustainables Bhd has received key approval with conditions from the Securities Commission Malaysia (SC) regarding the acquisition of Telekosang Hydro and Jentayu Solar assets, which is a major milestone towards the group transforming into a renewable energy player.
IPMUDA Bhd, which will be known as Jentayu Sustainables Bhd with effect from Jan 10 next year, aims to be a pure renewable energy (RE) play in three years, with a slew of RE projects in the pipeline primarily in Sabah.
Ipmuda in expansion mode, acquires RE plants and healthcare assets worth RM192m theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.