BION NPV (BION)

Sector:

Electricity Generation and Distribution

 1.65p
   
  • Closing Price Chg:
      0.000p
  • 52 Week High: 4.00p
  • 52 Week Low: 1.46p
  • Currency: UK Pounds
  • Shares Issued: 431.72m
  • Volume: 0
  • Market Cap: £7.12m
  • RiskGrade: 180

Green & Smart takes out loan as it progresses biogas projects

By Josh White

Date: Wednesday 26 Apr 2017

LONDON (ShareCast) - (ShareCast News) - Malaysia-focussed palm oil mill effluent biogas renewable energy generator Green & Smart Holdings announced on Wednesday that it entered into a 12 month loan of approximately MYR 1.41m (£0.25m) with an unnamed UK-based lender at an interest rate of 1% per month.
The AIM-traded firm said the monies would enable the company to primarily progress work on its portfolio of fully-owned biogas projects such as Dupont & Leosk in Gemencheh, Negeri Sembilan and Milik Mestika in Ledang, Johor.

"We are pleased to have received further support from the UK, as we continue to build and commission further projects," said group managing director Saravanan Rasaratnam.

"With our fully-owned plants Kahang and Malpom generating revenue, we are keen to continue to move our pipeline of projects forward to ensure our mill operating partners are able to satisfy their licensing obligations in terms of the responsible and environmentally-friendly treatment of palm oil mill effluent."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BION NPV Market Data

Currency UK Pounds
Share Price 1.65p
Closing Price Change 0.000p
% Change 0.00 %
52 Week High 4.00p
52 Week Low 1.46p
Volume 0
Shares Issued 431.72m
Market Cap £7.12m
RiskGrade 180

BION NPV Star Ratings

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more star ratings
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Value Not Available
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Growth
68.15% above the market average68.15% above the market average68.15% above the market average68.15% above the market average68.15% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

BION NPV Dividends

No dividends found

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