KUALA LUMPUR: Northern Solar Holdings Bhd today completed the transfer of the listing and quotation of its shares from the ACE Market to the Main Market of Bursa Malaysia Securities Bhd, effective from 9 am.
In a statement today, it said the transfer comes approximately 20 months after Northern Solar was listed on the ACE Market on Feb 6, 2025.
The group will continue to trade under the stock short name "NORTHERN” and stock code 0340.
Managing director Lew Shoong Kai said the group has continued to strengthen its operating track record while broadening its capabilities beyond its core solar engineering, procurement, construction, and commissioning (EPCC) business.
"As a Main Market-listed company, our business focus remains unchanged. We will continue to pursue growth opportunities that leverage our technical and execution capabilities, while maintaining disciplined project execution and prudent capital management,” he said.
Moving forward, Northern Solar will continue to focus on securing new EPCC contracts, executing its existing order book, expanding its renewable energy asset portfolio and pursuing suitable opportunities arising from Malaysia’s energy transition.
For the first quarter ended June 30, 2026, the group recorded revenue of RM38.2 million, while profit attributable to owners of the parent stood at RM3.97 million.
As at June 30, 2026, Northern Solar had an unbilled order book of RM189.3 million and a tender book of RM2.23 billion, providing project visibility across its key business segments.
At noon, Northern Solar's share price eased two sen to RM1.22, with 848,000 shares traded. - Bernama
