Sunview inks deal with UOB Malaysia for solar power services

From left: UOB Malaysia executive director, head of enterprise banking, commercial banking Lau Hing Sung, UOB Malaysia managing director, country head of commercial banking Beh Wee Khee, Sunview chief executive officer Ong Hang Ping and Sunview chief financial officer Tracey Ooi.

PETALING JAYA: Sunview Group Bhd’s wholly-owned subsidiary, Fabulous Sunview Sdn Bhd has signed an agreement with United Overseas Bank (M) Bhd (UOB Malaysia) to provide installation and management services of solar power systems for local businesses and consumers.

Under the agreement, Sunview will provide services in the development, planning, procurement, as well as construction and maintenance of solar photovoltaic (PV) systems for commercial, industrial, residential and large-scale solar (LSS) projects.

UOB Malaysia will in turn provide Sunview with financing to complete the projects, as well as supply chain support including access to U-Solar’s ecosystem of equipment suppliers. Additionally, Sunview’s customers will also be able to obtain end-user financing options when acquiring Sunview’s products and/or services.

“We are delighted to join UOB Malaysia’s U-Solar programme as its 10th EPCC partner. This strategic partnership serves as a testament to our established track record and promising growth prospects.

“We are confident that it will enhance our financial capacity for our operations activities and market expansions. Moreover, it benefits our customers by providing end-user financing options,” Sunview executive director and chief executive officer Ong Hang Ping said in a statement.

“Given the recent surge in activities in the solar industry due to newly introduced schemes and policies, we are optimistic that this partnership will strategically position us to seize the upcoming opportunities. Thus, we look forward to a fruitful collaboration with UOB, leveraging on these facilities to further reinforce our position within the solar industry,” he added.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Sunview , UOB Malaysia


Next In Business News

Ringgit opens higher against US$ as investors view mixed signals
Bursa starts in the red after Wall St plunge
Trading ideas: Boustead Plantations, KLK, Reservoir Link, MAHB, Kretam and Solution
External demand for goods remains weak
SSF Home IPO oversubscribed by 8.25 times
MAHB records over 11 million passenger movements
HLB, Cagamas in RM300mil green asset transaction
Strong sales, new launches poised to lift Glomac’s earnings
AMMB’s equity tier capital set to strengthen
Improving orders for plastic packaging sector as customers stock up

Air Pollutant Index

Highest API Readings

    Select State and Location to view the latest API reading

    Source: Department of Environment, Malaysia

    Others Also Read