Ihr Broker

  • DAX 0,70
  • EUR/USD 0,50
  • GOLD 0,30

Nur Spreads

Keine Kommission

Jetzt registrieren

CFDs sind komplexe Instrumente und umfassen aufgrund der Hebelfinanzierung ein hohes Risiko, schnell Geld zu verlieren.

De Raj Group AG, DE000A2GSWR1

De Raj Group AG, DE000A2GSWR1

11.10.2019 - 08:07:26

De Raj Group AG: De Raj Group invests in Malaysian biomass power plant company

De Raj Group invests in Malaysian biomass power plant company Germany, Cologne, 11 October 2019: De Raj Group AG ("DRJ"; ISIN: DE000A2GSWR1, Vienna Stock Exchange) announces that it has entered into two agreements with a private limited company incorporated in Malaysia engaged in the business of amongst other, renewable energy and electrical power generation ("Company"), and the Company's holding company ("Holding Company"), in relation to DRJ's subscription of convertible preference shares in the Company and its relative shareholding in the Company. Upon completion DRJ will have 35% equity in the Company. The Company has a subsidiary which is incorporated in Malaysia to undertake (own, manage and operate) a 9.9MW biomass-fueled power plant in Malaysia using proven Japanese technology (the "Plant"). The Plant is expected to sell electricity to the grid and is expected to reduce greenhouse gas emissions by an estimated 43,500 t CO2/year. Mr Vaidyanathan Nateshan, CEO - De Raj Group AG, said "the Group is active in various key sectors such as conventional power, energy, and renewables; and this subscription of convertible preference shares will help us achieve our ambition to own a portfolio of generation resources across Europe and Asia Pacific with a range of environmentally sustainable solutions."About DE RAJ De Raj Group provides oil and gas services and renewable energy solutions to companies in Asia and Europe. The company provides various solutions for the monetization of oil and gas fields to national oil companies, oil field owners, and other technology companies. For more information please visit the corporate website: https://www.thederajgroup.com De Raj Group (ISIN: DE000A2GSWR1) had initial listing at the EU-regulated Vienna Stock Exchange (IPO held in February 2018). De Raj Group shares are traded on the Open Market in Frankfurt / Main and XETRA since 23 March 2018. For further information please contact De Raj Group AG, Investor Relations, mailto: ir@thederajgroup.com  

11.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: De Raj Group AG Robert-Perthel-Str. 79 50739 Cologne

Germany Phone: +49 221 95 93 70 26 Fax: +49 221 95 93 70 27 E-mail: ir@thederajgroup.com Internet: www.thederajgroup.com ISIN: DE000A2GSWR1 WKN: A2GSWR Indices: WBI Wiener Börse Index Listed: Regulated Unofficial Market in Frankfurt; Vienna Stock Exchange (Official Market) EQS News ID: 888577   End of News DGAP News Service

888577  11.10.2019 

@ dgap.de