Cepatwawasan unit disposes of 40% stake in biomass power plant firm to ASX subsidiary

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KUALA LUMPUR: Cepatwawasan Group Bhd's wholly-owned subsidiary Cash Nexus (M) Sdn Bhd has inked a deal to dispose of a 40% stake in Cash Horse (M) Sdn Bhd, which operates a 12MW biomass power plant in Sandakan, Sabah, to its Australia Securities Exchange-listed subsidiary for RM31.61mil cash. Read full story