GENERAL

Honda Malaysia Introduces Honda Certified Used Car

 |  Wednesday, 23 February 2022 14:57  |  Published in GENERAL

Petaling Jaya, 23 February 2022 – Honda Malaysia (or the Company) today introduced its Honda Certified Used Car (HCUC) that enables Malaysians to purchase a verified, pre-owned Honda car through an accessible and trustworthy platform. 

The Company initiated the HCUC business today with six dealerships from different regions comprising MJN Motors Sdn. Bhd. (Selangor), Tiong Nam Motor (M) Sdn. Bhd. (Selangor), Kah Motor Co. Sdn. Bhd. (Penang), Kah Motor Co. Sdn. Bhd. (Johor), Yong Ming Motor Sdn. Bhd. (Johor) and Chuan Thye Motor Sdn. Bhd. (Pahang). Honda Malaysia will gradually expand the Honda Certified Used Car business to meet the growing demand in the used car market in Malaysia. 

INNIO Signs Agreement With Concord Group of Companies to Develop Four Biogas Power Plants, Supporting Malaysian Decarbonization Efforts

 |  Wednesday, 23 February 2022 14:56  |  Published in GENERAL

DUBAI, United Arab Emirates, Feb 22 (Bernama) -- INNIO announced today that it has signed a memorandum of understanding (MOU) with Concord Renewable Energy SDN BHD (Concord Group) to partner in building four power plants across Malaysia fueled by palm oil wastes. The MOU signing took place at Dubai Expo 2020, in a festivity ceremony organized and held by the Malaysian Ministry of Energy and Natural Resources (KeTSA) for Sustainable Energy and Natural Resources week at Malaysia Pavilion, which took place January 30 – February 5, 2022. The project emphasizes Malaysia’s efforts to achieve its COP26 commitments in moving away from fossil fuels and increasing renewable energy projects. The power plants, built in various parts of Malaysia, will deliver sustainable power to the grid while capturing methane. Each plant is expected to operate two INNIO Jenbacher high-efficiency biogas engines, collectively delivering more than 8 MW of power to the grid.

The Jenbacher Type 4 engines, for which INNIO will also supply long-term servicing, are known for their dependability, efficiency and fuel & solution flexibility. This makes them an excellent technology to advance Malaysia’s plans to reduce its reliance on fossil fuels. As part of its COP26 commitment, Malaysia recently raised its National Renewable Energy Capacity target from a 20% increase to a 31% increase of renewables in the national energy mix by 2025.

Petronas Gas Berhad Posts Strongest Results to-date for Fy2021, With Second Consecutive Rm 2 Billion Profit Achieved

 |  Wednesday, 23 February 2022 14:55  |  Published in GENERAL

KUALA LUMPUR, Feb 23 (Bernama) -- PETRONAS Gas Berhad Group of Companies (PGB or the Group) closes its financial year 2021 with a Profit After Tax (PAT) of RM2.11 billion, underpinned by sustained revenue streams and lower costs. This achievement marks the second year where the Group exceeds the RM2 billion PAT mark, following RM2.08 billion recorded in 2020.
 
For financial year 2021, Group Revenue stood at RM5.65 billion, higher than RM5.59 billion reported in 2020, mainly contributed by higher revenue from Utilities and Regasification segments. The Utilities business recorded higher sales volume to new customers secured while Regasification registered new revenue streams from LNG reloading at Regasification Terminal Sungai Udang and LNG truck loading at Pengerang respectively.


Page 653 of 1268