$KGB(0151.MY)$
KGB's own business includes ultra-high purity (“UHP”) gas and chemical delivery systems, General Contracting & Process Engineering.
In 2018, the company raised capital through Private Placement to build the first liquefied carbon dioxide plant 🏭 to generate continuous passive income. Plant 1 was completed in 2019, so you can see that 2019 CAPEX was a record high of RM33.5 mil.
With management's efforts, the industrial gas business can contribute more than RM15 mil of PAT in FY2022. It is expected to be between RM25 and 30 mil in 2023, with a gross margin of up to 30%. Although its turnover accounts for only 7% of the company, it contributes nearly a quarter of its profits.
Due to strong demand for liquefied carbon dioxide, the company began construction of Plant 2 in 2022. P2 has a production capacity of 70,000 MT, 40% more than Plant 2's 50,000 MT, and a total production capacity of 120,000 MT. As a result, CAPEX in 2023 once again broke through a record high of RM69.17 mils, and Plant 2 also began operation in March 2024.
FY2023's PLA...

MN Holdings Bhd via its wholly-owned subsidiary MN Power Transmission Sdn Bhd has secured a contract from Samaiden Sdn Bhd for the engineering, procurement, construction and commissioning (EPCC) work for a large solar scale photovoltaic (LSSPV) plant in Kulim for RM26mil.
In a statement, the underground utilities and substation engineering specialist said its unit had been appointed a sub-contractor for the 50 mega-watt alternating current (MWac) LS...

$GENTING(3182.MY)$ tmr genting limit up $GENM(4715.MY)$