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Energy sector overweight as govt accelerates CRESS

KUALA LUMPUR: The energy sector is getting a boost from the government's new Acceleration Package to drive adoption of the Corporate Renewables Energy Supply Scheme (CRESS), with the initiative expediting the signing of CRESS agreements and making the projects move viable, says RHB Research.

The Star MalaysiaThe Star查看原文 ↗
政府加快推进 CRESS 计划,能源板块权重超配

KUALA LUMPUR: The energy sector is getting a boost from the government's new Acceleration Package to drive adoption of the Corporate Renewables Energy Supply Scheme (CRESS), with the initiative expediting the signing of CRESS agreements and making the projects move viable, says RHB Research.

In its sector update, the research firm said Samaiden Bhd and Solarvest Holdings Bhd are the key beneficiaries of the initiative.

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