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Tuesday, March 15, 2011

Faber Sees Revenue Stream From EPMS Project Beginning 3rd Quarter

KUALA LUMPUR, March 15 (Bernama) -- Faber Group Bhd expects the Energy Performance Management System (EPMS) project will start contributing to its revenue by the third quarter of 2011.

This, however, is subject to its negotiation with the Performance Management and Delivery Unit, the Energy, Green Technology and Water Ministry and the Finance Ministry on the investment amount and payment mechanism.

Faber Group managing director Adnan Mohammad said the energy audit process had begun and once completed, the company would submit its propositions to the government.

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