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Cepatwawasan Group Bhd's wholly-owned subsidiary, Cash Nexus (M) Sdn Bhd, has inked a deal to dispose of a 40% stake in Cash Horse (M) Sdn Bhd, which operates a 12MW biomass power plant in Sandakan, Sabah, to its Australia Securities Exchange (ASX)-listed subsidiary for RM31.61mil cash.
Oil palm and milling company Cepatwawasan Group Bhd (KL:CEPAT) is restructuring its renewable energy business to better highlight its value to the market. It is selling a 40% stake in its 12MW Sandakan biomass plant directly under its 69.8%-owned, ASX-listed subsidiary, Timah Resources Ltd.
KUALA LUMPUR: Cepatwawasan Group Bhd, menerusi unit milik penuhnya Cash Nexus (M) Sdn Bhd, memeterai perjanjian bersyarat untuk menjual 40 peratus pegangan dalam pengendali loji tenaga biojisim, Cash Horse (M) Sdn Bhd kepada Timah Resources Ltd (Timah), yang disenaraikan di Bursa Sekuriti Australia (ASX) pada harga RM31.61 juta.
KUALA LUMPUR: Cepatwawasan Group Bhd’s wholly-owned unit, Cash Nexus (M) Sdn Bhd, is disposing of a 40 per cent equity interest in Cash Horse (M) Sdn Bhd to Timah Resources Ltd for RM31.61 million.
KUALA LUMPUR: Cepatwawasan Group Bhd's wholly-owned subsidiary Cash Nexus (M) Sdn Bhd has inked a deal to dispose of a 40% stake in Cash Horse (M) Sdn Bhd, which operates a 12MW biomass power plant in Sandakan, Sabah, to its Australia Securities Exchange-listed subsidiary for RM31.61mil cash.
theedgemalaysia.com highlighted three stocks with positive momentum and five stocks with negative momentum at Bursa Malaysia's afternoon close on Monday.
theedgemalaysia.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon close on Friday. Only one showed positive momentum, while seven showed negative momentum.
theedgemalaysia.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon close on Thursday. Four showed positive momentum, while the remaining three showed negative momentum.
theedgemalaysia.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon close on Tuesday. Only one showed positive momentum, while six showed negative momentum.
Bursa Malaysia’s Plantation Index on Monday rose to a 20-month high after several plantation stocks dominated Bursa Malaysia’s top gainers list, ahead of the fourth quarter of 2023 (4Q2023) earnings release that will pick up speed this week.
theedgemalaysia.com highlighted two stocks with positive momentum and five stocks with negative momentum at Bursa Malaysia's afternoon close on Friday.
KUALA LUMPUR (Nov 9): RHB Retail Research said Cepatwawasan Group Bhd is eyeing for a breakout amid the recent sideways movement as it closed near the 73 sen immediate resistance on Tuesday (Nov 8) — firming up its “higher low” bullish structure above the 21...
KUALA LUMPUR: Stocks to watch for on Tuesday include MGB, Berjaya Assets, Comintel Corp, Perdana Petroleum, Cepatwawasan Group, Cycle & Carriage Bintang, Capital A and Serba Dinamik Holdings, said JF Apex Research.