<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 25): Ibraco Bhd (KL:<a href="/askedge/klse/5084" class="ce-stock" target="_blank">IBRACO</a>) said its associate company Equinox Power Sdn Bhd has signed a 30-year power purchase agreement with the utility arm of Sarawak Energy Bhd (SEB) for a large-scale solar photovoltaic project in Sarawak.</p></div>

<div class=newsTextDataWrapInner><p>In a filing on Bursa Malaysia, the construction company said Equinox Power — 24.5%-owned by Ibraco — entered into an agreement with Syarikat Sesco Bhd on Thursday.</p></div>

<div class=newsTextDataWrapInner><p>Under the agreement, Equinox Power will be responsible for developing, constructing, owning, operating, and maintaining a 100-megawatt alternative current (MWac) solar facility located in Similajau, Bintulu division.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The group added that the facility would supply electricity to Syarikat Sesco upon the commencement of commercial operations, which is expected for December 2029.</p></div>

<div class=newsTextDataWrapInner><p>Ibraco said the agreement is not expected to have any material impact on the group’s earnings or net assets for the financial year ending Dec 31, 2026, as the project is still in its development stage.</p></div>

<div class=newsTextDataWrapInner><p>However, it is expected to contribute positively to future earnings once the facility becomes operational.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Ibraco ended flat at RM1.16 on Thursday’s market closing, giving the group a market capitalisation of RM633.4 million.</p></div>


Ibraco Bhd (KL:IBRACO) said its associate company Equinox Power Sdn Bhd has signed a 30-year power purchase agreement with the utility arm of Sarawak Energy Bhd (SEB) for a large-scale solar photovoltaic project in Sarawak.

Ibraco unit signs 30-year solar power deal with Sarawak’s Sesco for 100MW solar facility

Negeri Sembilan Yang di-Pertuan Besar Tuanku Muhriz Tuanku Munawir has sacked all members of the state executive council (exco), except for Menteri Besar (MB) Datuk Ismail Lasim.

Negeri Sembilan ruler Tuanku Muhriz revokes appointment of state excos

As Malaysia advances its industrial landscape and accelerates towards a low-carbon future, the national economic imperative has shifted. Attracting investments and building state-of-the-art infrastructure are vital but their ultimate success hinges on having a competent, future-ready workforce capable of operating and sustaining the industries of tomorrow.

Building Malaysia’s next-generation energy workforce

MELAKA (Sept 20): The royal institution will fail if rulers can be ‘changed by the month’ and decisions are not made in accordance with the law and Constitution, Prime Minister Datuk Seri Anwar Ibrahim said.

He said political interference that was not in line with the wishes of certain ...

PM: Royal institution bound to fail if state rulers can be changed on a whim, fall under politicians' sway  

The initial report regarding the management and loss issues of the Federal Land Development Authority (Felda) is expected to be announced next week, said Prime Minister Datuk Seri Anwar Ibrahim.

Initial report on Felda due in the coming week, says Anwar

Prime Minister Datuk Seri Anwar Ibrahim has denied allegations that he paved the way for former prime minister Datuk Seri Najib Tun Razak's pardon, stressing instead that every prisoner has the right to apply for a pardon to be considered by the Pardons Board.

Anwar denies paving way for Najib's pardon, aims dig at Negeri Sembilan exco over bid to oust ruler

Executives at Jefferies Financial Group Inc were sounding increasingly irate.

Inside Jefferies’ months-long tussle with Glencore over Radiant World

Prime Minister Datuk Seri Anwar Ibrahim will meet DAP secretary general Anthony Loke soon to hear his views before deciding on the latter's offer to resign as transport minister.

PM to meet Anthony Loke to discuss resignation as transport minister 

Ukraine launched what Moscow's mayor called the biggest drone attack yet on the Russian capital on Sunday, as Russians voted on the final day of a parliamentary election that President Vladimir Putin has cast as a test of support for the war in Ukraine.

Ukraine launches biggest Moscow drone attack as Russia votes

We, the members of G25, are once again deeply shocked and dismayed by the decision of the Pardons Board to grant a further conditional pardon to former prime minister Datuk Seri Najib Razak, allowing him to serve the remainder of his custodial sentence under house arrest. This follows the Pardons Board’s decision in 2024 to halve his 12-year prison sentence to six years and reduce his RM210 million fine to RM50 million, an astounding 76% reduction.

G25 statement on Datuk Seri Najib Razak’s conditional pardon

Former prime minister Datuk Seri Najib Razak said he is still looking for ways to pay the fine previously imposed to meet the terms of his conditional pardon.

Najib says assets, accounts still frozen as he thanks King for mercy — lawyer

<p>We, the members of G25, are once again deeply shocked and dismayed by the decision of the Pardons Board to grant a further conditional pardon to former prime minister Datuk Seri Najib Razak, allowing him to serve the remainder of his custodial sentence under house arrest. This follows the Pardons Board’s decision in 2024 to halve his 12-year prison sentence to six years and reduce his RM210 million fine to RM50 million, an astounding 76% reduction.</p>


<p>Prime Minister Datuk Seri Anwar Ibrahim will meet DAP secretary general Anthony Loke soon to hear his views before deciding on the latter's offer to resign as transport minister.</p>


<p>Executives at Jefferies Financial Group Inc were sounding increasingly irate.</p>


<p>Negeri Sembilan Yang di-Pertuan Besar Tuanku Muhriz Tuanku Munawir has sacked all members of the state executive council (exco), except for Menteri Besar (MB) Datuk Ismail Lasim.</p>


<p>Prime Minister Datuk Seri Anwar Ibrahim has denied allegations that he paved the way for former prime minister Datuk Seri Najib Tun Razak's pardon, stressing instead that every prisoner has the right to apply for a pardon to be considered by the Pardons Board.</p>


<p>Ukraine launched what Moscow's mayor called the biggest drone attack yet on the Russian capital on Sunday, as Russians voted on the final day of a parliamentary election that President Vladimir Putin has cast as a test of support for the war in Ukraine.</p>


<p>The initial report regarding the management and loss issues of the Federal Land Development Authority (Felda) is expected to be announced next week, said Prime Minister Datuk Seri Anwar Ibrahim.</p>


<p>MELAKA (Sept 20): The royal institution will fail if rulers can be ‘changed by the month’ and decisions are not made in accordance with the law and Constitution, Prime Minister Datuk Seri Anwar Ibrahim said.</p>

<p>He said political interference that was not in line with the wishes of certain ...