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Jaycorp Bhd is proposing to acquire a 40% stake in renewable energy, biomass and environmentally friendly waste treatment firm Jaycorp Green Energy Sdn Bhd (JGE) from Microban (M) Sdn Bhd for RM15mil.
PETALING JAYA: Jaycorp Bhd is proposing to acquire a 40% stake in renewable energy, biomass and environmentally friendly waste treatment firm Jaycorp Green Energy Sdn Bhd (JGE) from Microban (M) Sdn Bhd for RM15mil.
Jaycorp Bhd (KL:JAYCORP) plans to acquire the remaining 40% stake in its subsidiary Jaycorp Green Energy Sdn Bhd (JGE) for RM15 million in cash, as part of a broader move to strengthen its presence in the renewable energy segment and diversify its earnings base.
Jaycorp Bhd (KL:JAYCORP) has posted its first quarterly loss in more than three years, weighed down by sluggish furniture demand in both domestic and export markets as well as unfavourable foreign exchange rates.
KUALA LUMPUR: Syarikat tenaga boleh baharu Jaycorp Bhd, menerusi anak syarikat 60 peratus miliknya, Jaycorp Green Energy Sdn Bhd (JGE) memberikan kontrak kejuruteraan, perolehan, pembinaan dan pentauliahan (EPCC) bernilai RM40.6 juta kepada anak syarikat 60 peratus milik Wasco Bhd, Wasco Thermal Sdn Bhd.
KUALA LUMPUR: Renewable energy company Jaycorp Bhd’s 60 per cent-owned subsidiary, Jaycorp Green Energy Sdn Bhd, has awarded an engineering, procurement, construction and commissioning (EPCC) contract worth RM40.6 million to Wasco Bhd’s 60 per cent-owned subsidiary, Wasco Thermal Sdn Bhd.
Jaycorp Bhd (KL:JAYCORP) said its 60%-owned subsidiary, Jaycorp Green Energy Sdn Bhd (JGE), has awarded a RM40.6 million contract to a unit of Wasco Bhd (KL:WASCO) for the development of a new biomass boiler facility in Pasir Gudang, Johor.