PETALING JAYA: Sunview Bhd says its wholly-owned subsidiary Fabulous Sunview Sdn Bhd has secured a contract from Malakoff Evergreen Sdn Bhd for the proposed development of a solar photovoltaic power plant at Sungai Likau in Bintulu, Sarawak, valued at fixed contract sum of RM289.71mil.
Malakoff Evergreen is a 70%-owned subsidiary of Tuah Utama Sdn Bhd, which is in turn wholly-owned by Malakoff Corp Bhd
.
Barring any unforeseen circumstances, Sunview said the project is expected to contribute positively towards its future earnings and its subsidiaries for the duration of the project.
For its first quarter ended Dec 31, 2025, Sunview reported a net profit of RM1.02mil, on revenue of RM75.67mil.
In a filing last month on its financial performance, Sunview said it remains confident in the resilience of the renewable energy sector, underpinned by robust government initiatives.
