- Energy Economy
28 September 2020
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- Malaysia
Samaiden Group Bhd is raising RM29.35 million via initial public offering (IPO) exercise with a public issuance of 61.15 million new shares at RM0.48 per share.
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Samaiden Group Bhd is raising RM29.35 million via initial public offering (IPO) exercise with a public issuance of 61.15 million new shares at RM0.48 per share.
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Demand for LNG from Vietnam’s power sector is set to reach 8.5mn t/yr by 2030, the country’s industry ministry said today.
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In July, GMBD suspension was extended to industries that have been allowed only partial operational capacity, or not allowed to operate, based on the Inter-Agency Task Force (IATF) GCQ Guidelines. This benefited 57,939 business customers with GMBD relief estimated at P513 million.
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Brunei is looking to increase the share of electric vehicles to 60 per cent of the total annual vehicle sales as one of the key strategies under the Brunei National Climate Change Policy (BNCCP), a senior government official said
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The private sector-driven electric vehicle (EV)industry in the Philippines has already generated ₱1.305 billion in investments with annual production capacity of 150,000 units of a wide range of electric vehicle models as the country aims to become a regional production hub for clean and environment-friendly vehicles.
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AC Energy (ACEN), the Ayalas’ power unit, will invest Php250 million in subsidiary firm Buendia Christiana Holdings Corporation (BCHC) through a shares subscription arrangement. In a disclosure to the Philippine Stock Exchange, ACEN said that it signed a subscription agreement deal with BCHC.
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FGEN LNG Corporation, a wholly-owned subsidiary of First Gen Corporation, has received a permit to construct, expand, rehabilitate, and modify (PCERM) from the Department of Energy (DOE) in respect of its application for the construction of an interim offshore LNG terminal located in the First Gen Clean Energy complex in Batangas City.
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Oil and metals trader will join forces with Australian investment group IFM to launch the new entity, which will develop solar, wind and energy storage projects – some of them supplying clean energy to Trafigura operations – as well as making acquisitions