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Five new tech company owners in the top 40

Mi Equipment Holdings Bhd group CEO & executive director Oh Kuang Eng.
THE Top 40 Richest in Malaysia list for 2020 saw the entries of new tech billionaires from five companies, as they became beneficiaries of the China-United States trade tensions as well as a Covid-19 pandemic-induced electronic equipment demand surge, as lockdowns forced people to work from home.
Net worth is computed based on the closing share price of the companies as at Dec 31,2020.
It is worth noting that Penang is the base for four of the five new tech companies on the list, with the exception of Melaka-based D&O Green Technologies Bhd ....

United States , Bayan Lepas , Pulau Pinang , Lau Chee Kheong , Don Sahong , Goh Nan Kioh , Chai Eng , Leng Kee , Sdn Bhd , Mi Technovation Bhd , Northeast Asia , Yeoh Shih Hoong , Kuang Eng , Vitrox Corp Bhd , Corp Bhd , Hong Leong Investment Bank , Atlis Motor Vehicles Inc , Publicinvest Research , Greatech Technology Bhd , Mega First Corp Bhd , Mi Equipment Holdings Bhd , Aminvestment Research , China United States , Melaka Baseddo Green Technologies , Greatech Technology , Tan Eng Kee ,

Fortunes lost, fortunes made

Malaysia’s super-rich, hard hit by the market following the outbreak of Covid-19, saw billions being wiped out of their fortunes. On the other hand, entrepreneurs involved in the making of rubber gloves minted more money, while new billionaires emerged from the tech manufacturing sector as shares of their companies soared in 2020.
THE outbreak of the Covid-19 pandemic in 2020 has delivered a brutal hand to the country’s economy, bringing unprecedented challenges to the general public and corporate sector.
And if this may offer some consolation amid the plunging values of your retirement and savings accounts, some of Malaysia’s wealthiest individuals have lost lots of money too, a survey on Malaysia’s 40 Richest individuals for 2020 showed. ....

Hong Kong , Francis Yeoh , Syed Mokhtar Albukhary , Drb Hicom Bhd , Asiax Bhd , Kerjaya Prospek Bhd Datuk , Ananda Krishnan , Rimbunan Sawit , Robert Kuok , Leong Huat , Yu Yeh , Hong Piow , Kuok Kerry , Hartalega Kuan Kam , Goh Nan Kioh , Hong Leong , Hartalega Kuan , Datuk Kamarudin Meranun , Quek Leng Chan , Southeast Asia , Tony Fernandes , Surin Upatkoon , Yu Wei , Genting Bhd , Nagacorp Ltd In Phnom Penh , Berjaya Corp ,

Strong results for Mega First from high availability factor for plant

is expected to post a strong set of results for its financial year ended Dec 31,2020 (FY20) on the back of higher availability factor, despite some margin pressure coming from the resources and packaging segments due to freight-related issues, said PublicInvest Research.
The availability factor for the company’s Don Sahong hydropower station in Laos in the fourth quarter of FY20 is expected to be higher than the third quarter of FY20’s 92.2%, given the higher water level during the wet period.
The availability factor of a power plant is the percentage of the time that it is available to provide energy to the grid. ....

Port Klang , Malaysia General , Publicinvest Research , Mega First Corp Bhd , Mega First Corp , Don Sahong , Ban Hat , Mega First , Corporate News , Strong Results , Availability Factor , Hydro Power , போர்த் கிளாங் , மலேசியா ஜநரல் , மெகா முதல் கார்ப் ப்ட் , மெகா முதல் கார்ப் , தடை தொப்பி , மெகா முதல் , பெருநிறுவன செய்தி , வலுவான முடிவுகள் , கிடைக்கும் காரணி , ஹைட்ரோ பவர் ,

Samaiden eyes solar, biomass projects

Samaiden Sdn Bhd director Chow Pui Hee: We expect the award of the LSS4 to be coming in the first quarter.
THE listing of Samaiden Group Bhd could not have come at a better time. The company specialises in the renewable energy (RE) sector, which is in vogue this year.
Last year, the government said that it targets to have RE making up at least 25% of the country’s power generation by 2025. It was a mere 2% in 2018. Government officials have also said that the country needs some RM33bil in investments to boost its RE power generation efforts.
In fact, the Jimah East power plant built by Tenaga Nasional Bhd ....

Republic Of , Tenaga Nasional Bhd , Kumpulan Powernet Bhd , Sustainable Energy Development Authority Seda , Sc Green Solutions Sdn Bhd , Samaiden Group Bhd , Mega First Corp , Jimah East , Tenaga Nasional , Chow Pui Hee , Kumpulan Powernet , Cypark Resources , Sustainable Energy Development Authority , Teluk Kalong , Bursa Malaysia , Chemical Engineering , Universiti Putra Malaysia , குடியரசு ஆஃப் , டெனாகா நேஷனல் ப்ட் , நிலையான ஆற்றல் வளர்ச்சி அதிகாரம் சேட , ஸ்க் பச்சை தீர்வுகள் ஸ்டன் ப்ட் , மெகா முதல் கார்ப் , டெனாகா நேஷனல் , சோவ் பு ஹீ , நிலையான ஆற்றல் வளர்ச்சி அதிகாரம் , தெழுக் கலோங் ,