Latest news with #RM45
Borneo Post
3 days ago
- Business
- Borneo Post
Labuan-KK ferry resumes operations, first trip at full capacity
Passengers boarding the ferry express to Kota Kinabalu from Labuan International Ferry Terminal jetty on Wednesday. The resumption of the Labuan-Kota Kinabalu-Labuan express ferry service has sparked renewed excitement among travellers, marking the return of a vital transportation link between Labuan and the Sabah mainland.-Bernama photo LABUAN (May 28): The Labuan-Kota Kinabalu-Labuan express ferry service officially resumed operations Wednesday, restoring a crucial transport link between Labuan and the Sabah mainland after a suspension of more than three years due to the Covid-19 pandemic. The Labuan-based Kinabalu Express, at full capacity, departed the Labuan International Ferry Terminal (LIFT), which is managed by LDA Holdings, at 10 am, with the return trip from Kota Kinabalu scheduled for May 29 at 8 am. The vessel, operated by Double Power, can accommodate 212 passengers, offering 146 economy and 66 business class seats. Daily trips will continue from May 28 to June 3 to coincide with the Harvest Festival and school holidays. From June 4 onwards, the ferry will operate every Friday, Saturday, and Sunday, with possible adjustments based on demand. A promotional fare campaign is being introduced from today until Aug 3 in conjunction with the Borneo Flora Festival (BFF), aimed at encouraging ridership. During this period, Malaysian adults can purchase economy tickets at RM35 and children at RM22.50, while first-class fares are RM45 and RM27.50, respectively. Foreign passengers will be charged RM80 (adults) and RM45 (children) for economy, and RM90 and RM50 for first class. Standard fares will apply starting June 4, with slight increases across categories. Tickets are available online at and can also be purchased at the Labuan International Ferry Terminal and Jesselton Point ticketing counters in Kota Kinabalu. Prior to the pandemic, the route served up to 120,000 passengers annually. LIFT chief executive officer Noor Halim Zaini, when met here Wednesday, expressed hope that the ferry's return will spur regional tourism and help revitalise Labuan's local economy. – Bernama
New Straits Times
5 days ago
- Business
- New Straits Times
Samaiden wins RM45mil solar EPCC contract in Kedah
KUALA LUMPUR: Samaiden Group Bhd has bagged a RM45 million contract to carry out engineering, procurement, construction and commissioning (EPCC) works for a large-scale solar photovoltaic (LSSPV) power plant in Kulim, Kedah. The contract was awarded to its subsidiary, Samaiden Sdn Bhd, by PAXS Renewables Sdn Bhd, the group said in a filing with Bursa Malaysia today. It said the scope includes the full design, engineering, procurement, construction, testing and commissioning of the 9.99 megawatt alternating current (MWac) facility. "The project, approved by the Energy Commission in December 2024 under the Large Scale Solar 5 (LSS5) programme, reflects Samaiden's growing presence in Malaysia's utility-scale solar segment," it said. Samaiden group managing director Datuk Chow Pui Hee said the win under LSS5 reinforces the group's position as a trusted solar EPCC partner. "It also reaffirms our commitment to supporting the government's renewable energy agenda while creating long-term value through consistent execution and sustainable earnings contributions," she said. The project will begin immediately from the May 19, 2025, letter of award date, with on-site works to commence following the issuance of a formal notice to proceed, pending fulfilment of all contractual conditions. The plant is expected to achieve commercial operation by July 12, 2027.
Malaysian Reserve
20-05-2025
- Business
- Malaysian Reserve
Samaiden secures RM45m EPCC contract for LSS5 solar project in Kedah
SAMAIDEN Group Bhd, via its wholly owned unit Samaiden Sdn Bhd, has clinched a RM45 million engineering, procurement, construction, and commissioning (EPCC) contract from PAXS Renewable Sdn Bhd for a 9.99MWac large-scale solar power plant in Kedah. In a Bursa Malaysia filing today, Samaiden said the project — approved under the Large Scale Solar 5 (LSS5) programme by the Energy Commission in December 2024 — officially commenced on Monday and is expected to achieve commercial operation by July 12, 2027. Group MD Datuk Chow Pui Hee said the win reaffirms Samaiden's standing as a trusted solar EPCC partner and highlights its ongoing support for Malaysia's renewable energy agenda. The group also reiterated its strategic focus on expanding its renewable energy portfolio and securing more clean energy opportunities across the country and the region. — TMR
New Straits Times
20-05-2025
- Business
- New Straits Times
Samaiden lands RM45mil solar project in Kulim
KUALA LUMPUR: Samaiden Group Bhd's unit, Samaiden Sdn Bhd (SSB), has secured a RM45 million contract from PAXS Renewables Sdn Bhd to carry out large-scale solar photovoltaic (LSSPV) works in Kulim, Kedah. In a filing with Bursa Malaysia, the group said the contract involves providing engineering, procurement, construction, and commissioning (EPCC) services for a 9.99 megawatt alternating current (MWac) LSSPV power plant. The scope of work includes the full design, engineering, procurement, construction, testing, and commissioning of the solar facility. "The project is one of the LSSPV projects approved by the Energy Commission in December 2024 pursuant to Large Scale Solar 5 (LSS5) programme," it added. Samaiden said the project will begin immediately following the contract signing on May 19, while on-site work will start once a formal notice to proceed is issued, contingent on the fulfilment of all required contractual conditions. "SSB shall complete all the works to achieve the commercial operation date which shall be on July 12, 2027," it said. Samaiden noted that the project is anticipated to have a positive impact on the group's future earnings over the course of the contract. Group managing director Datuk Ir Chow Pui Hee said the LSS5 contract award reinforces Samaiden's position as a reliable and established solar EPCC provider in Malaysia. "It reinforces our commitment to supporting the government's renewable energy agenda while building long-term value through consistent project execution and sustainable earnings contributions," she added. At midday, Samaiden's share price had climbed 1.82 per cent, gaining 2 sen to reach RM1.12 from its previous closing price of RM1.10, with a total of 149,200 shares changing hands.
The Sun
19-05-2025
- Automotive
- The Sun
Geely marks 200,000th unit of Xingyuan EV
GEELY has achieved a major production milestone with the 200,000th unit of its budget-friendly electric vehicle, the Geome Xingyuan, rolling off the assembly line. This compact city EV has established itself as a serious contender in China's entry-level electric vehicle market, where it directly rivals BYD's high-volume Seagull. With a starting price of 68,800 yuan (approximately RM45,000), the Xingyuan offers customers a competitive range of features for its segment. Two powertrain options are available: a 58 kW variant capable of a 310km range under the China Light-Duty Vehicle Test Cycle (CLTC), and a more powerful 85 kW version that extends the range to 410km. These choices provide buyers with greater flexibility compared to many other vehicles in the same class. The Xingyuan features Geely's distinctive rounded front design and a hatchback rear profile. Measuring 4,135 mm in length, 1,805 mm in width, and 1,570 mm in height, with a wheelbase of 2,650 mm, it offers a relatively spacious interior, especially in the rear, giving it a practical edge over similarly sized competitors such as the Seagull or the BYD Dolphin here. The model is available in a range of colour options, including standout shades like pink and blue, and includes semi-concealed door handles for a cleaner exterior look. Inside, the Xingyuan is equipped with an 8.8-inch digital instrument cluster as standard, while a 14.6-inch central touchscreen powered by Flyme Auto OS is available as an upgrade. Additional technology includes a 540-degree surround camera system, heated seats, wireless phone charging, and an external pedestrian alert sound system. The car also supports multiple drive modes tailored for various driving environments, including outdoor conditions. Both versions utilise lithium iron phosphate batteries supplied by CATL, with fast-charging capabilities that allow the battery to be replenished from 30 to 80 percent in approximately 21 minutes. Performance-wise, the 85 kW model can accelerate from 0 to 50 km/h in just 3.9 seconds, positioning it among the quicker options in the entry-level segment while maintaining a longer driving range than many competitors. The milestone of 200,000 units produced demonstrates the Xingyuan's rising prominence in the domestic EV sector. Its blend of affordability, practical range, and advanced features has made it an attractive proposition for buyers looking beyond the usual low-cost electric offerings. In Malaysia, the model was recently introduced by Proton as the 5, joining the line-up as the more compact sibling to the forthcoming 7. With its competitive specifications and proven market performance in China, the 5 is expected to contribute significantly to Proton's growing ambitions in the electric vehicle space.
