KUALA LUMPUR: Johor Plantations Group Bhd's (JPG) 55%-owned subsidiary JPG Greenergy Ventures Sdn Bhd has been awarded BioNexus status by the Malaysian Bioeconomy Development Corporation (Bioeconomy Corp) under the Ministry of Science, Technology and Innovation (Mosti). In a joint statement with Bioeconomy Corp, the plantations group said the recognition signifies JPG Greenergy Ventures’ groundbreaking achievements in...
KUALA LUMPUR: The implementation of the Imbalance Cost Pass-Through (ICPT) mechanism will be neutral, and not affect the company’s business operations and financial position, according to Tenaga Nasional Bhd (TNB). In a filing with Bursa Malaysia today, TNB said the Ministry of Energy Transition and Water Transformation's (PETRA) recent announcement follows the government's decision to continue the ICPT...
KUALA LUMPUR: Genting Malaysia Bhd’s wholly owned subsidiary, GENM Capital Bhd has issued RM1.3bil in nominal value of medium-term notes (MTNs). In a filing with Bursa Malaysia, Genting Malaysia said it raised RM1.05bil through three tranches of MTNs.These notes offer annual coupons ranging from 4.92% to 5.15% and have maturities spanning five to ten years. The leisure and...
