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Minister assures new electricity tariff won't burden the people | Malaysia

KOTA BARU, Jan 9 The government has given assurance that the new electricity tariff for this year until 2024 will not burden the people. The Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan said the new tariff would benefit nearly 85 per cent of domestic account holders out of. ....

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New electricity tariff is being studied, won't burden the people, says Takiyuddin

KOTA BARU: The government has given assurance that the new electricity tariff for this year until 2024 will not burden the people. ....

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'New power tariff won't burden the people'

KOTA BARU: New electricity tariff for this year until 2024 will not burden the people, says Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan. ....

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G Capital unit, TNB sign renewable energy power purchase agreement

G Capital Bhd's 96%-owned subsidiary, Gunung Hydropower Sdn Bhd, has signed a renewable energy power purchase agreement with Tenaga Nasional Bhd. ....

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Minetech expands into renewable energy, O&G sectors

KUALA LUMPUR (June 28): Minetech Resources Bhd, Malaysia s largest aggregate mining conglomerate, plans to broaden its horizon into renewable energy (RE) and the oil and gas (O&G) sectors.
In a virtual extraordinary general meeting today, company shareholders approved Minetech’s resolution on a proposed private placement, amendments to the constitution, reduction of share capital to fund the business expansion, as well as diversifications into the new sectors.
“Minetech is expected to raise proceeds amounting to approximately RM85.1 million through the proposed private placement and irredeemable convertible preference shares (ICPS).
“The approval of the proposed private placement and ICPS allow us to shift our gearing into the RE and O&G sectors, which we have identified as potential revenue generators that could potentially contribute 25% or more to our net profit, said its executive chairman Pengiran Datuk Awang Daud Awang Putera in a filing with Bursa Malaysi ....

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