23rd Jun 2015 10:00
23 June 2015
Resource Holding Management Limited
("RHM" or the "Company")
PUCF subsidiary enters into renewable energy agreement
The Board of RHM (AIM:RHM) notes the announcement made on 22 June 2015 by PUC Founder (MSC) Berhad ("PUCF") regarding MaxGreen Energy Sdn. Bhd. ("MESB"), a wholly-owned subsidiary of PUCF, entering into a renewable energy power purchase agreement with Tenaga Nasional Berhad ("TNB"), under which MESB is to supply and deliver solar photovoltaic renewable energy to TNB for a Feed-in Tariff concession period of 21 years.
For further information, a copy of PUCF's announcement can be found here:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4779297
RHM's wholly-owned subsidiary, RedHot Media International Limited, currently holds 493,168,402 ordinary shares in PUCF, which represents 46.28% of PUCF's issued share capital and 36,215,840 warrants to subscribe for new PUCF shares.
For further information please contact:
Resource Holding Management Limited | |
Cheong Chia Chieh | Tel: +852 8192 6166
|
Allenby Capital Limited (Nominated Adviser and Broker) | Tel: +44 (0)203 328 5656 |
Nick Athanas / Alex Brearley |
Related Shares:
RHM.L