Annica Holdings Limited (SG:5AL) has released an update.
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Annica Holdings Limited, through its subsidiary H2E International, has signed a non-binding memorandum of understanding with SunGreenH2 to explore renewable energy projects in Malaysia. This collaboration aims to develop off-grid electrification solutions for rural communities and establish a hydrogen electrolyser assembly facility. The partnership could potentially open up a significant new revenue stream for Annica Holdings in the renewable energy sector.
For further insights into SG:5AL stock, check out TipRanks’ Stock Analysis page.