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IN BRIEF: BiON Makes First Acquisition Through Solar Subsidiary

10th Dec 2020 21:31

BiON PLC - Kuala Lumpur-based renewable energy services - Establishes BiON Suria Sdn Bhd, a subsidiary for the acquisition of solar assets. Start with acquisition of 77% interest in right-of-use assets of rooftop solar panels which supplies 0.95 megawatts to Malaysian national utility firm Tenaga Nasional Berhad under the Net Energy Meeting programme for MYR600,000.

Current stock price: 2.30 pence, down 15%

Year-to-date change: down 40%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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