02 Juni 2014
LY-80/HQ-16 is a third generation Chinese
land-based mid-range surface-to-air missile
defense system with effective range of
1.5-30.0 km (photo : Army Recognition)
Khazanah, China Firm To Explore Green
Energy Investment In Malaysia
BEIJING (China) (Bernama) -- The Malaysian
government's investment arm Khazanah
Nasional Bhd has signed a cooperation
agreement with Beijing Enterprises Group Co
Ltd to pursue strategic co-operation and
explore investment opportunities in green and
clean energy industries in Malaysia.
The agreement was among 11 signed at the
China-Malaysia Business Summit, witnessed by
Prime Minister Datuk Seri Najib Tun Razak and
Vice Premier of China's State Council Wang
Yang here today.
Under the agreement, Khazanah via its
investee company CIMB Group would be
involved in assisting Beijing Enterprises Group
Ltd, a subsidiary of Beijing Enterprise Group
Co, to issue ringgit denominated Islamic
bonds to fulfil the financing needs of a water
supply enhancement construction project in
Terengganu.
Prior to the agreement, Khazanah had
invested US$152 million in Beijing Enterprises
Group, representing a 4.62 per cent stake.
Khazanah has also sold three of its wholly-
owned waste incineration power generation
projects in China to Beijing Enterprise Group
Co for a total consideration of 650 million
Renminbi.
Part of the consideration was settled by the
issuance of 347 million shares, comprising a
23 per cent stake in Beijing Development
(Hong Kong) Ltd, a subsidiary of Beijing
Enterprise Group Co.
The prime minister also witnessed the signing
of a memorandum of understanding (MoU)
between Universiti Tun Razak and Beifang
University of Nationalities for the exchange of
students and staff members.
The MoU also includes collaborative research
and possible exchange of academic papers,
mutual assistance in the preparation of
seminars, conferences and workshops,
delivery of award and non-award courses, and
an articulation arrangement which could
involve credit for prior study.
Malaysian automotive company Naza
Corporation Sdn Bhd signed a MoU with CSR
Zhuzhou Electric Locomotive Co Ltd on the
construction of a proposed transportation
project in Malaysia.
Both companies also agreed on a strategic
collaboration for the assembly of railway
rolling stock in Malaysia.
LY-80 Missile System
Another MoU, between Aneka Bekal Sdn Bhd
and Aerospace Long-March International
Trade Co Ltd, sees the latter offering the
LY-80 Medium-Range-Air-Defence Missile
Weapon System bundled with transfer of
technology.
Meanwhile, 1Malaysia Development
Corporation Bhd signed an investment
cooperation agreement with Export-Import
Bank of China for the establishment of a joint
venture partnership for the proposed
development of projects in Malaysia on terms
and structure to be mutually agreed to by the
parties at a later stage.
Both parties intend to make the same
contribution of up to US$300 million in
tranches to be utilised for the development
cost of projects.
The cost would be identified and agreed to by
both parties subject to the outcome of joint
feasibility, evaluation, relevant government
and corporate approvals.
Another company, Pemaju Jaya Capital Sdn
Bhd, signed a framework agreement on joint
venture projects with Handan City
Government to open a charter airline business
in Malaysia to promote interoperability
between the two countries.
The agreement also includes the expansion of
Handan Airport phase three and the
construction of Handan City Airport.
(Bernama)
Ternyata kita harus beralih ke HQ 9.
Sorry pake hape..belum bisa caranya..