Pjbumi earmarks RM 21 million from private placement for Indonesian waste-treatment systems

• Pjbumi plans to allocate RM 21 million from a proposed RM 31.1 million private placement to deploy anaerobic reactor systems in Indonesia.
• The potential rollout of 50 systems would cost RM 60 million, with remaining funding from bank borrowings or internally generated funds.
• The group targets the first purchase order in the first quarter of 2027, with the rollout expected to take two to three years.
• Each system is expected to be installed within 12 months of its purchase order.
• Another RM 9.31 million of placement proceeds is earmarked for working capital, to be used within 18 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pjbumi Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3723338) on November 10, 2026, and is solely responsible for the information contained therein.