Taliworks To Receive Insurance Proceeds Amounting To RM10.6 Million

Business Today · Aug 2 13:17

Taliworks indirect wholly-owned subsidiaries, TR CPark Sdn. Bhd. and TR Sepang Sdn. Bhd. entered into three separate agreements for the acceptance of insurance payments totaling USD2,323,711.65 (or RM10,672,807.61).

The company said the Insurance Proceeds are in relation to replacement cost for the solar modules at the respective solar plants. It added the proceeds are expected to be received in August 2024.

Taliworks expects the Insurance Proceeds to contribute positively to the TCB group's financial performance for the financial year ending 31 December 2024.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.

Taliworks To Receive Insurance Proceeds Amounting To RM10.6 Million

Risk Disclaimer