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KLSE:SAMAIDEN

3 stories mentioning KLSE:SAMAIDEN

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Asia

Samaiden's Cambodian Arm Terminates Biogas, Renewable Energy Project

Samaiden's (KLSE:SAMAIDEN) Cambodian subsidiary has issued a 30-day notice to end a memorandum of understanding related to a proposed biogas and renewable energy project in Kampong Seila, Cambodia, according to a Friday Malaysian bourse filing.The decision follows the absence of a definitive agreement and limited progress since the MOU was signed. The termination will take effect on July 12.The company does not expect the termination to have any impact on earnings, it said.

KLSE:SAMAIDEN
Asia

Malaysian Shares End in Green Bucking Regional Losses; Uzma's Shares Rally 6%

Malaysian shares rebounded to end in green, bucking a downbeat regional performance. The investor sentiment improved with selective buying in index-linked counters.The FTSE Bursa Malaysia KLCI gained 12.33 points to end 0.7% higher at 1,729.60. The day range was between 1,714.12 and 1,729.60.In corporate news, shares of Uzma (KLSE:UZMA) rose about 6% on close after its unit Uzma Engineering secured a letter of award from Petronas Carigali to provide leasing, operations and maintenance of a Portable Water Injection Module for the Bayan Redevelopment Phase 3 project.KIP Real Estate Investment Trust's (KLSE:KIPREIT) distribution per unit stood at 0.0173 ringgit in the fiscal third quarter ended March 31. Profit jumped 31.4% to 18.2 million ringgit from 13.8 million ringgit a year earlier, driven by stronger contributions from existing assets and acquisitions. Shares ended flat today.Whereas, shares of Samaiden Group (KLSE:SAMAIDEN) fell 3% on Tuesday's close after it completed its acquisition of two parcels of leasehold land in Perak, Malaysia, following payment of the balance purchase price of 41 million ringgit.

FTSE Bursa Malaysia KLCIKLSE:KIPREITKLSE:SAMAIDENKLSE:UZMA
Asia

Samaiden Closes Acquisition of Land Parcels in Perak, Malaysia; Shares Drop 3%

Samaiden Group (KLSE:SAMAIDEN) completed its acquisition of two parcels of leasehold land in Perak, Malaysia, following payment of the balance purchase price of 41 million ringgit, according to a Monday Malaysian bourse filing.Shares of the renewable energy and clean energy solutions company fell 3% in Tuesday's midday trade.The land, measuring about 185.57 hectares in total, was acquired through its unit Samaiden Capital Management from Kelapa Sawit (Teluk Anson) for 45.5 million ringgit.

KLSE:SAMAIDEN