PETALING JAYA: Samaiden Group Bhd
’s main contract win for the development of a 10 megawatt (MW) large-scale solar photovoltaic (PV) power plant in Bahau, Negri Sembilan, is projected to yield a gross profit margin of 15% to 16%, says Kenanga Research.
The RM39.17mil engineering, procurement, construction and commissioning (EPCC) contract for the solar power plant is Samaiden’s second win under the Corporate Green Power Programme (CGPP) for financial year 2025 (FY25), bringing its year-to-date total job wins to RM91.17mil.
