Hong Leong Bank partners service providers for solar PV scheme

KUALA LUMPUR: Hong Leong Bank Bhd has entered into two collaborations relating to its solar photovoltaic financing programme.

In two filings with Bursa Malaysia, Samaiden Group Bhd and Solavest Bhd said they have signed memorandums of understanding with Hong Leong Bank to be service providers for its solar photovoltaic financing programme.

Both companies will act as designer and installer for the solar systems.

The respective contracts will be in effect for two years and may be renewed every two years with notice from Hong Leong Bank.
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