Toyo provides update on Vietnam job

KUALA LUMPUR: Toyo Ventures Holdings Bhd has offered an replace on its US$3.23bil (RM14bil) thermal energy plant challenge in Vietnam.

In a submitting with Bursa Malaysia yesterday, Toyo Ventures stated its wholly-owned subsidiaries Toyo Ink Group Bhd and Tune Hau 2 Energy Firm Ltd (SH2PC) had obtained a notification from the Trade and Commerce Electrical energy Ministry and Renewable Vitality Authority on the progress of the monetary shut by SH2PC.

The monetary shut of SH2PC was delayed as a result of holding up of the opening a checking account in Singapore for the particular objective automobile subsidiary, it stated within the assertion.