August 6th – $ELRIDGE (0318.MY)$ is set to launch an initial public offering (IPO), with the subscription period running from August 6th to August 12th. The company plans to issue a total of 350 million new ordinary shares. Out of these shares, 80 million shares are allocated for application by the Malaysian public; 20 million shares are set aside for application by the company's eligible directors, employees, and contributors to its suc...

$ELRIDGE (0318.MY)$  As Malaysia becomes a place for big data centre, data centre = power drainer = good potential for power supply field to grow.
However, biomass power generator (maybe) is still not popular in Malaysia or overseas, since everyone want to go for "greener", or environmental friendly power supply (I only know Malakof still use biomass).
But, "greener power supply alternatives" = more money, yet "not-very-green power supply" (cough cough) = cheaper.
As this company mainly export bi...