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Yup, correct. Under this CRESS package, the System Access Charge (SAC) for firm renewable energy supply will be cut by 30%, from 20 sen/kWh to 14 sen/kWh
From a technical perspective, the share price closed at RM0.26 on 2 October, up 4%, with 4.09 million shares traded. The stock is trading above its 20-, 60-, and 120-day moving averages. Momentum has started to turn upward, while the KC money-flow indicator suggests a return of buying interest