The power sector in is expected to see a proliferation of solar projects this year, as households and companies seek to lower their electricity bill and reduce carbon footprint.
Mega First raises stake in Laos hydropower plant for RM396mil thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: Mega First Corp Bhd has proposed to acquire 3.38 million ordinary shares, representing a 20 per cent equity interest, in Don Sahong Power Co Ltd (DSPC) for US$85 million.
Tycoons on the 2023 Forbes list of Malaysia’s 50 Richest saw their combined wealth increasing to US$81.6bil (RM376.3bil) from US$80.5bil (RM371.2bil) a year ago.
The market has taken into account the potential downside risk of global growth on Malaysia’s economic recovery according to Maybank Investment Bank (IB) Research.