OTHERS KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY")- Collaboration Agreement between KAB Energy Power Sdn Bhd, a wholly-owned subsidiary of the Company and Janakuasa Pte. Ltd.
OTHERS KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY") - Collaboration Agreement between KAB Energy Power Sdn Bhd, a wholly-owned subsidiary of the Company and Janakuasa Pte. Ltd. KEJURUTERAAN ASASTERA BERHAD
Type Announcement Subject OTHERS Description KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY") - Collaboration Agreement between KAB Energy Power Sdn Bhd, a wholly-owned subsidiary of the Company and Janakuasa Pte. Ltd. The Board of Directors of KAB wishes to announce that its wholly-owned subsidiary, KAB Energy Power Sdn Bhd ("KABEP") had on 23 June 2021 entered into a Collaboration Agreement (“CA”) with Janakuasa Pte. Ltd. ("Janakuasa") to explore mutually beneficial opportunities to develop, invest, acquire or own power plants and/or other related energy generation businesses in Vietnam.
Please refer to the attachment for further details on the above.
Announcement Info Company Name KEJURUTERAAN ASASTERA BERHAD Stock Name KAB Date Announced 23 Jun 2021 Category General Announcement for PLC Reference Number GA1-15062021-00021
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maybe KAB get some more new energy projects, everyone hold tight!
As reported by Focus Malaysia, KAB Energy Power and Janakuasa will form a special purpose vehicle to scoop up the majority stakes in three hydropower plant projects in the country with an aggregate installed capacity of 180MW. The projects have existing power purchase agreements (PPA) with Electricity of Vietnam (EVN) which will expire between January 2030 and 2039. They have commenced commercial operations between 2015 and 2019
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dieheart85
32 posts
Posted by dieheart85 > 2021-06-18 15:38 | Report Abuse
Any supports line? Bullet empty dy. Support on 0.685