Bintai Kinden Corp Bhd’s wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd has secured a contract worth RM9.78 million from Tenaga Nasional Bhd (TNB).The company received a letter of award from the power company today to undertake the asset replacement and refurbishment for transformer, earthing transformer and reactor to PMU 275/33 KV Grik.
Malaysia is also considering dropping negotiations to procure a single-dose vaccine from US pharmaceutical firm Johnson & Johnson (J&J), in favour of a deal with Chinese company CanSino Biologics, which also requires only one dose, Khairy said. This is a better option for us, compared to Johnson & Johnson, where supplies are expected to arrive only in the fourth quarter of the year (4Q21).The government said last month it had secured 66.7 million vaccine doses, more than enough to cover the country's population.In addition to the deal with Pfizer-BioNTech, Malaysia has also reached supply agreement with Britain's AstraZeneca, Russia's Gamaleya Research Institute, and China's Sinovac Biotech and CanSino.
The total amount of doses secured is expected to be enough to cover 50% of Malaysia's population Khairy said.All of the Pfizer vaccines secured so far are expected to be delivered by this year, Khairy said at a virtual news conference.
State Local Government and Housing Minister Datuk Masidi Manjun, who is also the state spokesman on Covid-19, said in a statement that 3,545 of them received the first dose of the vaccine jab today, bringing the total number of vaccine recipients to 9,403.
The MOU by itself is not expected to have any material effect on the net assets and earnings of the company for the financial year ending 31 March 2021, however, upon the successful implementation and execution of the project pursuant to the terms as set out in the MOU, it is expected that the project will contribute positively to the future financial performance of the company,Post-MOU signing, Solarvest intends to enter into definitive agreements with Huawei and Sungrow for the purchase of the inverters.
Solarvest said it had today entered into Memoranda of Understanding (MOU) with Huawei and Sungrow for the planned supply of the estimated 100 megawatt inverters to Solarvest. The MOU shall come into force and shall remain binding in full force and effect for a period of one year from the date of the MOU, which refers to the proposed purchase of the inverters from Huawei and Sungrow as the project.
Solarvest Holdings Bhd plans to buy power inverters from Huawei Technologies (M) Sdn Bhd and Sungrow Power Supply Co Ltd, a move which is expected to contribute positively to the financial performance of the company which speclalises in solar-power installation.
CARI has received recognition from Cabinet Ministers and heads of governments of ASEAN as well as dialogue partner countries with some of them contributing to its publications.In 2020, CARI was the knowledge partner in the publication of key policy recommendations in “A Pathway Towards Recovery and Hope for Asean” (Pathway 225), recognised in the ASEAN Chairman’s Statement in November.
CIMB group chief executive officer Datuk Abdul Rahman Ahmad said the group will look forward to future collaborations between CIMB group and CARI.Munir Majid has been a driving force in promulgating the ASEAN integration agenda and we are confident of the continued success of CARI under his leadership.Based in Kuala Lumpur, the think tank has a wide network of partners spanning across ASEAN, Asia Pacific, North America and Europe.It publishes industry-focused policy and position papers providing policy recommendations aimed at narrowing policy gaps in ASEAN.Many of its papers have been submitted to ASEAN Leaders, Ministers and ASEAN bodies and included in official ASEAN documents.
Mohd Munir said he intends to continue with the think tank’s research and advocacy work. CARI was set up in 2011 to support the ASEAN economic integration agenda by way of policy research and policy advocacy.I wish to thank CIMB for their past support. In the last ten years, CARI has established itself as a thought leader and knowledge partner in ASEAN.I look forward to leading CARI to new heights in the years ahead, which will see huge sustainability issues challenging economic and political development.
Ranhill said the contract is expected to be completed on Sept 30, or any extended period as approved by SJSB.The group expects the contract to contribute positively to its earnings for the financial year ending Dec 31, 2021.The securing of this contract further solidifies Ranhill Water Services’ reputation throughout Malaysia as a leader in holistic water network management and specifically the non-revenue water reduction sector.
Ranhill said the contract was awarded to its wholly-owned subsidiary Ranhill Water Services Sdn Bhd by Sunan Jaya Sdn Bhd (SJSB).The contract is part of the infrastructure works being implemented for the development of the Muar Timber Industrial Park. SJSB is the main contractor appointed by the Real Estate Division & Infrastructure of Johor Corporation (JCorp). As such, the contract will be funded entirely by JCorp.
Ranhill Utilities Bhd has been awarded a contract for pipe works in Muar, Johor, worth RM7.54 million.The group said the job entails the supply and installation of 5.3 km of main rising pipe from the intersection of Jalan Selatan-Jalan Bakri to the reservoir area and other associated works.
Nissan Motor says Tan Chong Motor-managed plant in Myanmar resumed operations on Wednesday BANGKOK (Feb 4): Japan's Nissan Motor Co Ltd said its factory in Myanmar had resumed operations on Wednesday, after operations were suspended this week, following a military coup in the Southeast Asian country. On Monday, people were asked to stay at home because the situation was fluid, said Kalle Siebring, Head of Communications at Nissan ASEAN, who said the company had prioritise safety of its employees and partners."Yesterday, indeed operations are back," he said.