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

Sarawak Cable, Annum face delisting after Bursa Securities rejects extension appeal
Sunway Construction’s 1Q net profit soars to RM75.71mil
EcoWorld, SD Guthrie officially begin development of industrial park
MBSB allocates RM1bil financing to support Malaysia’s aerospace sector's growth
MyEG to drive organic growth this year through Zetrix
Inari Amertron posts 24.7% drop in 3Q net profit to RM56mil
Ringgit closes lower against greenback despite weaker US dollar index
RHB Bank cautious about Malaysia’s export outlook despite April surge
Velesto secures new drilling contract for Naga 4 in Vietnam
Eco-Shop eyes further expansion after strong 3Q results

Others Also Read