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May 24, 2010
Johor Baharu, Malaysia: STX Energy to Establish =
Cell=20
Manufacturing Plant
Prime=20
Minister Datuk Seri Najib Tun Razak, on Saturday witnessed =
the=20
signing of a Memorandum of Understanding concerning the =
Senai High=20
Technology Park (SHTP).
The=20
first MoU was between STX Energy from South Korea and SHTP =
for the=20
setting up of a RM1.5 billion solar cell module facilities =
and solar=20
farms generating 100 megawatts of electricity in the park. =
According=20
to the statement issued after the signing here, the MoU with =
SHTP=20
represented the initial step towards achieving this goal.=20
"The=20
facilities set up at Senai High Tech Park shall also serve =
its solar=20
power business expansion in the region beyond Malaysia," it =
said.=20
The=20
ceremony to exchange letters of MoU between STX and SHTP was =
held at=20
the Senai International Airport's Aeromall and also =
witnessed by=20
Senai Airport Terminal Services' chief executive officer =
Datuk Sidik=20
Shaik Othman.
STX=20
said "it sees great potential in developing its solar power =
business=20
in Malaysia due to its geographical advantages and the =
strong=20
support from Malaysian government in promoting renewable =
energy such=20
as solar power".
STX=20
Corporation is one of the leading industrial groups in South =
Korea=20
with a total revenue of US$21 billion in 2009. It operates a =
global=20
business network in more than 70 locations worldwide and is =
the 12th=20
largest private business group listed on the Korean Stock =
Exchange=20
with total assets of over US$26 billion.
Further details about: STX =
Energy
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