KUALA LUMPUR: Pestech International Bhd
’s 60 per cent indirect-owned subsidiary Diamond Power Ltd (DPL) has proposed to dispose of its 230kV Kampong Cham-Kratie Transmission System project to Cambodian Transmission II Co Ltd (CTL II) for US$118 million (US$1=RM4.727).
For this, DPL and CTL II, a wholly owned subsidiary of Leader Transmission Ltd, has entered into a business transfer agreement (BTA).
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
