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Johor police have busted a syndicate illegally mining bitcoin using electricity stolen from Tenaga Nasional Bhd (KL:TENAGA), following four raids on Wednesday and Thursday.
Seal Incorporated Bhd (KL:SEAL) is seeking shareholder approval to increase financial support for its 24.55%-owned associate, MSR Green Energy Sdn Bhd (MSRGE), by providing up to RM58.72 million in additional corporate guarantees, raising its total commitment to RM119.3 million.
Seal Incorporated Bhd, its wholly owned unit, Daiman Majumas Sdn Bhd and its 80% owned Mutiara Waterfront Habitats Sdn Bhd (MWHSB) has entered into a conditional subscription cum shareholders agreement with Biopolis Group Sdn Bhd and Titanium Greenview Sdn Bhd (TGSB).
Seal Inc Bhd (KL:SEAL) is relinquishing control over its 31.50-acre reclamation project in Penang to a unit of Penang property developer GSD Land (M) Sdn Bhd to reduce financial risk and funding pressure during the project’s long gestation period.
Seal Incorporated Bhd (SIB) is acquiring a 20% stake in business support services and real estate activities firm Mutiara Waterfront Habitats Sdn Bhd (MWHSB), from Biopolis Group Sdn Bhd for RM15mil.
Police have seized 259 bitcoin mining machines along with various supporting equipment, with an estimated total value of RM958,000, during separate raids at seven premises in Kangar town and Kuala Perlis.
THE country’s green energy projects have continued to see highly competitive pricing in recent bids by facility developers as the long-term price trend heads downwards for key equipment such as solar panels and batteries, thanks partly to maturing technologies.
At the same time, facilit...
KUALA LUMPUR: BYD Sime Motors, the distributor of BYD cars in Malaysia, has scored a triple milestone that reinforces the brand’s commitment to the nation.
Malaysia's inaugural bidding round for four large-scale, grid-connected battery storage projects in Peninsular Malaysia has attracted significant interest, with more than 20 industry players submitting over 30 bids, according to sources.
DESPITE a growing number of underwhelming new listings amid heightened market volatility, integrated people development solutions provider PEOPLElogy Bhd (KL:PEOPLE) is moving ahead with its ACE Market debut on May 20.
Managing director Allen Lee pointed to its digital scalable model pl...