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Iran News in Brief – August 1, 2023

KAB grows solar PV portfolio

KUALA LUMPUR: Kinergy Advancement Bhd's (KAB) wholly-owned subsidiary KAB Energy Holdings Bhd has has further expanded its solar photovoltaic (PV) portfolio following the completion of its acquisition of the entire stake in Matahari Suria Sdn Bhd (MSSB).

Hong Kong, mainland China regulators agree to enhance wealth management and bond connect schemes during 3-day Beijing visit, HKMA CEO says

Authorities in Hong Kong and mainland China are in consensus on a number of measures that will enhance the cross-border Wealth Management Connect and Bond Connect schemes, the city’s de facto central banker said in Beijing on Friday.

KAB secures first biomass cogeneration project

KUALA LUMPUR: Kinergy Advancement Bhd’s (KAB) wholly-owned subsidiary, KAB Energy Holdings Sdn Bhd (KABEH) has inked a heads of agreement (HoA) with XSD International Paper Sdn Bhd (XSDIP), to initiate KAB’s first biomass project, focusing on power and steam generation.

KAB inks MoU to drive sustainable energy solutions

KUALA LUMPUR: Kejuruteraan Asastera Bhd (KAB) said its wholly-owned subsidiary KAB Energy Holdings Sdn Bhd is exploring a collaboration with a China National Nuclear Corp unit PT CNEC Engineering Indonesia and Transcend Global Ltd (TGL) to develop potential sustainable energy solutions in the region.

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