1. Home
  2. Asia
  3. -
  4. Pacific
  5. Vsolar jumps 13.33% on inking MoU to develop solar energy generation facility
Vsolar jumps 13.33% on inking MoU to develop solar energy generation facility

Vsolar jumps 13.33% on inking MoU to develop solar energy generation facility

0
0

KUALA LUMPUR: Vsolar Group Bhd shares jumped 13.33% at mid-morning today after its unit signed a memorandum of understanding (MoU) with Mattan Engineering Sdn Bhd to conduct a feasibility study for the development of a solar energy generation facility in Seremban.

At 10.02am, Vsolar rose 1 sen to 8.5 sen for a market capitalisation of RM32.82 million.

Vsolar said the facility will be developed on a parcel of land, measuring 121.4ha, that belongs to Permaju Industries Bhd’s wholly-owned subsidiary Genbayu Gemilang Sdn Bhd.

Source: theedgemarkets
Anand Gupta Editor - EQ Int'l Media Network

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *