KUCHING (July 17): Sarawak Energy Bhd has signed an agreement with Pestech International Bhd via its subsidiary Pestech Energy Sdn Bhd to work together on a research project to explore clean alternative energy solutions to replace diesel generators or other chemical-based energy storage solutions predominantly used in rural electrification.
The signing ceremony was held virtually yesterday with Sarawak Energy research and development general manager Dr Ng Sing Muk signing on behalf of the state-owned utility company while Pestech Energy was represented by its chief executive officer (CEO) Vind Sidhu.
The ceremony was also attended by Sarawak Energy Group CEO Datuk Sharbini Suhaili, Pestech International Bhd managing director and group CEO, Paul Lim Pay Chuan, as well as senior management and staff from both corporations.
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Pestech (Cambodia) Plc reported 52.56 billion riel ($12.95 million) in total revenue for January-March, up by 8.02 per cent year-on-year. PESTECH
Pestech posts ‘slower’ 8% growth in revenue for Q1
Thu, 20 May 2021
Stock-listed power transmission provider Pestech (Cambodia) Plc (PEPC) posted “slower growth” in business performance for the first quarter of the year with total revenue gaining just over eight per cent amidst the economic stress caused by the spread of Covid-19 pandemic.
In its filing to the Cambodia Securities Exchange (CSX) on May 18, the company reported 52.564 billion riel ($12.950 million) in total revenue, representing an increase of 3.901 billion riel or 8.02 per cent as compared to 48.663 billion riel in the same quarter of 2020.