Sunview clinches RM122 mil EPCC contract for solar energy facility in Bestari Jaya

Friday 26 Apr 2024

KUALA LUMPUR (Dec 7): Sunview Group Bhd has bagged a RM122 million engineering, procurement, construction and commissioning (EPCC) contract relating to a solar energy-generating facility located in Bestari Jaya, Selangor.

(L-R): Bryan Lee, large scale solar contract manager of Sunview Group Bhd; Ismuni Bin Johari, director of Nextenaga Sdn Bhd; Ahmad Rozy Bin Hamzah, chief executive officer (CEO) of Nextenaga Sdn Bhd; Ong Hang Ping, CEO & executive director of Sunview Group Bhd; Wan Azhar Bin Mohamed Yusof, director of Nextenaga Sdn Bhd; and Tracey Ooi, chief financial officer of Sunview Group Bhd. (Photo credit: Sunview Group Bhd)

The group said its wholly-owned subsidiary Fabulous Sunview was awarded the contract by Nextenaga Sdn Bhd to undertake the EPCC job for the development of Nextenaga’s 29.99MWac Bukit Badong large scale solar photovoltaic project.

Nextenaga is a wholly-owned subsidiary of Nexuscorpgroup Sdn Bhd and is involved in the operation of generation facilities that produce electric energy.

In a bourse filing, Sunview said the 10-month contract is expected to be completed on Sept 20, 2023 and will contribute positively towards the group’s future earnings.

Sunview’s share price closed one and a half sen or 2.97% lower at 49 sen on Wednesday (Dec 7), bringing the group a market capitalisation of RM227.03 million.

Edited ByS Kanagaraju

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