Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
The utilities engineering services firm is among the few contractors qualified for high-voltage works, positioning it as a direct proxy to national grid expansion and the Asean Power Grid, said Apex Securities in initiating coverage on Cheeding with a ‘buy’ call.
“Licensed up to the highest voltage class in Malaysia, Cheeding holds a strong competitive moat and margin profile,” the house said.
KUALA LUMPUR (Dec 10): Cheeding Holdings Bhd (KL:CHEEDING) said on Wednesday it has secured a RM13.5 million contract from Tenaga Nasional Bhd (KL:TENAGA) for extension works at the Genting Sempah substation. https://theedgemalaysia.com/node/785538
He said Malaysia’s National Energy Transition Roadmap (NETR) estimates a financing requirement of RM1.2 trillion to RM1.3 trillion over the next 25 years, or approximately RM50 billion annually. https://theedgemalaysia.com/node/807652