Sunview, DPS in solar PV tie-up

PETALING JAYA: Sunview Group Bhd’s wholly owned subsidiary Sunview Asset Management Sdn Bhd has entered into a shareholder agreement with DPS Resources Bhd (DPSRB) to subscribe for a 40% stake in DPS Sunview Sdn Bhd while DPSRB will hold 60%.

In a filing with Bursa Malaysia, the company said that the collaboration aimed to implement and develop a 50-megawatt alternating current (MWac) rooftop solar photovoltaic project.

“Furthermore, Sunview will be the first priority for selection in the engineering, procurement and construction contract for the project.” — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

BNM provides regulatory flexibility for banks to issue ringgit-denominated sukuk
Bursa Malaysia reprimands, fines former executive director of Advance Information Marketing
Inta Bina gets RM199mil apartment job
NTTD Japan to acquire 58.73% stake in GHL Systems, extends RM1.08/share takeover offer
CCK enters into binding term sheet with Creador
Berjaya Mutual targets RM5bil AUM by 2026
Pesona Metro secures RM410.5mil M&E contract
Takaful Malaysia 1Q24 net profit rises to RM102.29mil
Ringgit rebounds to end firmer against US dollar
DC Healthcare optimistic about growth prospects

Others Also Read