The deal will serve as a beachhead for Tenaga in the Vietnamese solar market In a filing to Bursa Malaysia today, TNB said this acquisition extends TNB’s collaboration with Sunseap, beyond the Malaysia and Singapore cross-border partnership, to capture the rapid growth in the Vietnamese renewable energy market, as reported by The Malaysian Reserve . The acquired project has secured the Feed-in Tariff (FiT) 2 rates in Vietnam. Having achieved commercial operation date in December 2020, all five plants are under 20-year Power Purchase Agreements (PPAs) with EVN to supply clean energy to the national grid. Sunseap currently holds a 90 per cent stake in the projects, which will be reduced to 51 per cent upon completion of the 39 per cent stake acquisition by TNB Renewables slated for the first quarter of this year. Sun Times Energy JSC, an existing shareholder of the project, will continue to own 10 per cent equity interest in the project, according to TNB. “This acquisition … [Read more...] about Malaysia’s Tenaga makes foray into Vietnamese solar market
SAUDI Arabia’s Crown Prince stands accused of having blood on his hands over the audacious murder of rebel journalist Jamal Khashoggi. The dissident was slain in the Saudi consulate in Turkey more than two years ago — and dramatic new evidence suggests the oil-rich nation’s ruler Mohammed bin Salman watched the killing via video link. Bin Salman, the Saudis’ Crown Prince, denies having anything to do with Jamal’s death but investigators suspect the victim was killed on camera so the murder could be overseen in his home country. The evidence features in new documentary The Dissident , directed by Oscar winner Bryan Fogel. US investigators, as well as the United Nations, believe Bin Salman backed the slaying of Jamal. The Turkish authorities recorded all of the conversations inside the Saudi consulate where the journalist was killed in October 2018. The documentary claims the murder had been planned in advance. ‘THEY START TO CUT UP THE BODY WITH A BONE SAW’ … [Read more...] about Why is Saudi Prince Bin Salman not being punished for my fiance Jamal Khashoggi’s brutal murder?
Mike Ashley and Newcastle United have instructed leading lawyers in an ongoing battle with the Premier League after they claimed the sale of the club to a Saudi-led consortium was unfairly blocked. Ashley, the billionaire owner of Sports Direct, has appointed Blackstone Chambers law firm in a bid to prove the Premier League's owners and directors test was not properly applied to the proposed buyers. Such buyers included Saudi Arabia's Public Investment Fund (PIF), which would have received an 80% stake of the club, and Amanda Staveley's PCP Capital Partners and the Reuben brothers, of which both would have split the remaining 20%. It also represents an escalation in the war of words between Newcastle United and the Premier League over the takeover, which failed when the consortium publicly withdrew their offer in July. Last week, Newcastle United released a statement accusing the Premier League's chief executive Richard Masters of not acting "appropriately" during the … [Read more...] about Mike Ashley hires leading lawyers for battle over failed Newcastle United takeover
Rats, and other members of the rodent family, have a lousy reputation. They crop up regularly in our everyday language to describe bleak situations and sentiments (Rats!, caught in a rat race, someone with rat-like features — you get the drift). Much-maligned, they're often associated with the plague — somewhat apposite given our current predicament. They seem to be omnipresent in the best of times, but now, they're having a, er, field day. The Boomtown Rats They're certainly more visible than in pre-pandemic times, but nothing to panic about — yet In London and other major cities across the UK, rat sightings have soared during the pandemic. The British Pest Control Association (BPCA), which represents 700 vermin catchers across the country, said its members reported a 51% hike in rodent activity during the first lockdown last spring, and a 78% increase in November after the next lockdown. Typically, rats avoid humans and make drains and sewers their homes. However, as … [Read more...] about UK COVID-19 lockdown provides boom towns for rats
In her pursuit of a slot in the Tokyo Olympics, ace Filipino karateka Junna Tsukii has established her own training camp in Saitama, Japan, where she will continue to hone her talent under the watchful eyes of father-coach Shin Tsukii. This setup was approved by Karate Pilipinas president Ricky Lim as Junna prepares to compete against some of the best in the world. “Junna has decided to train with her father. I have no problem with that. She has my support if she’s comfortable with that setup,’’ Lim told the Inquirer.Seeking spots in the Olympics, the Philippine karatedo team is currently inside a bubble at the Inspire Sports Academy in Calamba, Laguna province, and will fly to Turkey on March 15 for a 60-day training camp. Two-time Pan American champion Joane Orbon, from California, will join Southeast Asian (SEA) Games gold medalist Jamie Lim, Sharif Afif, Alwyn Batican, Ivan Agustin, Jason Macaalay and Matthew Manantan in Turkey where they will see action in closed-door pocket … [Read more...] about Junna sets up camp in Saitama under father’s guidance