Pestech buys solar farm project in Cambodia


PETALING JAYA: Pestech International Bhd is expanding its power generation business in Cambodia with the proposed acquisition of a solar farm project.

The company, in a filing with Bursa Malaysia, said a subsidiary Astoria Solar Farm Sdn Bhd (ASF) has agreed to acquire a 94% stake in Green Sustainable Ventures (Cambodia) Co Ltd (GSV) from two individuals for US$4mil (RM16.3mil).

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