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Yinson secures RM1 5bil Indian solar plant project

In a filing with Bursa Malaysia, the floating, production, storage and offloading service provider said Rising Sun Energy (K) Pvt Ltd, (RSEK), an indirect 80% owned subsidiary of the company, has accepted a letter of award (LoA) for the plant job from India-based NTPC Ltd. has won a contract worth RM1.5bil to develop a 190 megawatt (MW) grid-connected solar photovoltaic power plant in Rajasthan, India. In a filing with Bursa Malaysia, the floating, production, storage and offloading service provider said Rising Sun Energy (K) Pvt Ltd, (RSEK), an indirect 80% owned subsidiary of the company, has accepted a letter of award (LoA) for the plant job from India-based NTPC Ltd.

MyEG, Genting Malaysia, Vivocom, MISC, Jaycorp, Nexgram, Datasonic, Greatech, Yinson and Minetech

KUALA LUMPUR (March 3): Based on corporate announcements and news flow today, companies in focus on Thursday (March 4) may include: MyEG Services Bhd, Genting Malaysia Bhd, Vivocom Intl Holdings Bhd, MISC Bhd, Jaycorp Bhd, Nexgram Holdings Bhd, Datasonic Group Bhd, Greatech Technology Bhd, Yinson Holdings Bhd and Minetech Resources Bhd.  MyEG Services Bhd said net profit rose 6.74% to RM75.51 million in the fourth quarter ended Dec 31, 2021, from RM70.74 in the preceding quarter, boosted by revenue from Covid-19 health screenings, and online motorcycle insurance and road tax renewal service. Quarterly revenue increased 10.13% to RM149.89 million, from RM136.10 million previously, as the group witnessed increased revenue contribution from its screening and accommodation arrangement service for inbound travellers. MyEG declared a final dividend of 1.7 sen per share.  

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