SUBSCRIBERS
VibroPower to invest in biomass power plant in M'sia
Published Sun, Dec 13, 2015 · 09:50 PM
Singapore
VIBROPOWER Corporation Limited is investing in a biomass power plant in Kluang, Malaysia, it said in a filing to the Singapore Exchange on Sunday.
The project is estimated to cost RM120 million (S$39.2 million), and the group intends to invest 25 per cent of that sum - RM30 million - in VPGE, a special purpose vehicle set up in 2013 to conduct a feasibility study on the viability of the project.
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