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Tan Chong Motor inks MoU with Chinese automaker SAIC to explore business cooperation in Vietnam paultan.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paultan.org Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: Stocks that could see increased investor attention following recent corporate news flow include Lion Industries, Genting Malaysia, Ni Hsin, Bintulu Port, MyEG, CN Asia, Tan Chong Motor, Jade Marvel and Eastland Equity, said JF Apex Research. ....
. Tan Chong Motor will undertake its LSS4 venture via a consortium comprising its two listed sister companies, APM Automotive Holdings Bhd . Except for Tan Chong Motor, Advancecon and MK Land, all shortlisted bidders won 50MW in LSS4 capacity each, which is the maximum capacity allowed for a single bidder. “Actual financial details of the individual LSS4 projects are still sketchy at this point, pending further disclosure by the respective companies. “As a ballpark figure, however, we estimate about RM11mil to RM13mil incremental annual Ebitda for the 50MW LSS4 assets, assuming a project IRR of 6% to 8%, capital expenditure (capex) of RM2.5mil per MW, capacity factor of 16.7% and average tariff of 18.7 sen to 21.7 sen per kwh, ” MIDF Research said in a note yesterday. ....
The Big Read: After a decade of fits and starts, it’s all systems go for Singapore’s electric vehicle dream Toggle share menu Advertisement The Big Read: After a decade of fits and starts, it’s all systems go for Singapore’s electric vehicle dream Advertisement Singapore The Big Read: After a decade of fits and starts, it’s all systems go for Singapore’s electric vehicle dream The Government’s earlier start-stop approach to EV adoption for more than a decade has left some industry players and prospective buyers wondering about its future amid announcements of ambitious targets in Singapore s Green Plan 2030. ....