PETALING JAYA: AWC Bhd is eyeing green economy-related projects and is looking at reducing its dependency on Middle-east contract under its three-year growth plan.
AWC chairman Datuk Nik Mod Amin Nik Majid said on Monday, Nov 29 it was seeking opportunities in renewable energy, expand overseas and also management of airports or ports.
It recently set up AWC Solamas Sdn Bhd, to pursue solar photovoltaic related projects in Malaysia.
CEO and managing director Azmir Merican said its order book was over RM200 million, of which RM80 million would be realised this financial year.
At the shareholders meeting, AWC received the go-ahead to undertake a 40% share capital reduction to pare down accumulated losses and restructure the balance sheet.
AWC chairman Datuk Nik Mod Amin Nik Majid said on Monday, Nov 29 it was seeking opportunities in renewable energy, expand overseas and also management of airports or ports.
It recently set up AWC Solamas Sdn Bhd, to pursue solar photovoltaic related projects in Malaysia.
CEO and managing director Azmir Merican said its order book was over RM200 million, of which RM80 million would be realised this financial year.
At the shareholders meeting, AWC received the go-ahead to undertake a 40% share capital reduction to pare down accumulated losses and restructure the balance sheet.
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