Hey , Yes , Tai Sin Electric's Duo , Bernard Lim and Bobby Lim holds sustantial majority of this counter. this is a very good sign as bobby lim's a profiled investor and pioneering Tai Sin's business as well. For Brian Chang's investment , was also interesting as well.
Growing trade interest slowly escalating, good corporate action and Power Plant commercement in weeks time will rack in potential big investors and oppotunities for upside hopefully in the coming period.
Strong accum within this period , a strong penny to watch out for. Good for long term investment due to completion of Biomasss powerplant due to start commerce end of the month. Energy Sector for the long term investment for this counter look prospective . Do share your opinion regarding this counter .
The tariff payable by Tenaga Nasional to the Asiatic JV has not been disclosed but the website of the Sustainable Energy Development Authority of Malaysia states a feed-in tariff of 28.86 sen kWh for projects of the size of Asiatic's.
The website also states criteria for eligibility for a range of bonus rates, one of which is 9.82 sen per kWh for the use of biomass (solid waste).
The rates reflect Malaysia's policy of encouraging small renewable energy projects through financial incentives, including income tax exemption.
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