Benalec Holdings Bhd has terminated two Memoranda of Understanding (MoUs) as parties involved are unable to conclude on the definitive agreements on Pengerang Maritime Industrial Park (PMIP) projects.
The marine construction specialist told Bursa Malaysia on Wednesday (Dec 13) that it terminated the first MOU with Shanxi Construction Investment Group Co Ltd (SCIG), Malaysian Palm Oil Board (MPOB) and Institute of Coal Chemistry, Chinese Academy of Sciences on the production of second-generation biodiesel and biojet fuel in Malaysia.
TheEdge13 Dec, 2023 18:58pm - 4 months