Ranhill acquires 26.7% stake in Tawau Green Energy for RM18.7mil


KUALA LUMPUR: Ranhill Holdings Bhd has acquired a 26.7% stake in Tawau Green Energy Sdn Bhd (TGE) for RM18.7mil or RM1 per share.

In a filing with Bursa Malaysia Monday, Ranhill said its subsidiary Ranhill Capital Sdn Bhd has acquired 18.7 million ordinary shares in TGE on Sept 29.

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