Tadmax said its wholly-owned subsidiary Tadmax Indah Power Sdn Bhd received a letter from the Energy Commission (EC) today, notifying that the government of Malaysia had agreed on Aug 29 for the development of the project to proceed.
Chief executive officer Gary Dass said the funding of the plant will be sourced externally, and the financing part is now handled by its joint venture (JV) partner, Culzean Generation Ltd.
"Among the issues and recommendations that were discussed are on the areas of political financing, government procurement, fiscal responsibility, federal-state fiscal allocation, subsidies and the Bumiputera agenda.”
In a bourse filing yesterday, Pintaras said the contracts were secured via its indirect wholly-owned subsidiary in Singapore, Pintary Foundations Pte Ltd.
Shafee told the High Court here today that Najib is expected to miss tomorrow's hearing as well due to his condition.
The latest contract wins bring its total outstanding order book to RM2.39 billion.
The cause of the fire at the complex is still being investigated.
The issue was raised by the Sultan's representative in the second TIA meeting, which Amhari had attended.
In a Sept 5 letter addressed to Transport Minister Anthony Loke Siew Fook, the Board of Airline Representatives Malaysia (BAR-Malaysia) urged the Government to roll back plans to cut PSC from RM73 to RM50 for passengers flying to destinations beyond Asean at klia2 and all airports in Malaysia except KLIA. The change is expected to come into force next month.
Both parties had been ordered to file their respective written submission by Nov 1.
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