SUNCON (5263): SUNWAY CONSTRUCTION GROUP BHDn inks LoIs for LSS4 projects worth a combined RM385mil
KUALA LUMPUR: Sunway Construction Group Bhd has accepted two letters of intent (LoI) for the construction of solar photovoltaic energy generating facilities under the large scale solar 4 (LSS4) programme worth a combined RM385mil.
In a bourse filing, the group said Gopeng Bhd subsidiary GBS Suria Sdn Bhd had issued an LoI for the construction of a solar photovoltaic energy generating facility with a generating capacity of 50MW in Mukim Teja in Kampar, Perak, for a total sum of RM200mil
A second letter of intent was issued by Sharp Ventures Solar Sdn Bhd for the construction of a solar photovoltaic energy generating facility with a generating capacity of 50MW in Mukim Kapar in Klang, Selangor for RM185mil.
Both LSS4 projects are scheduled to be completed and achieve the commercial operation date on Dec 31, 2023 as required by Suruhanjaya Tenaga.
Including these new projects, SunCon said the total new projects it secured this year amounts to RM1.47bil.
The group noted that the deal with GBS Suria is a related-party transaction by virtue of the companies' connections with the Cheah family.
https://www.thestar.com.my/business/business-news/2021/12/27/suncon-inks-lois-for-lss4-projects-worth-a-combined-rm385mil
Singapore Investment
-
-
-
-
-
-
-
-
-
-
Expenses that are necessary to pay for10 hours ago
-
-
-
All that Glitters Is Gold20 hours ago
-
-
Portfolio (March 30, 2024)23 hours ago
-
-
-
-
-
-
-
-
-
-
-
-
QAF #77 - 2023 Annual Report1 day ago
-
-
-
6 Secrets of Millionaire Couples2 days ago
-
The Secret To Investing2 days ago
-
-
-
-
-
-
-
-
-
The Green U-Turn3 days ago
-
-
-
Week Ahead4 days ago
-
Burnt out!4 days ago
-
-
-
-
Feb 2024 Expenditure5 days ago
-
-
-
-
-
-
-
Not Worth It6 days ago
-
Trip to Legoland6 days ago
-
-
-
-
-
-
-
Starting Our Second Property Cycle1 week ago
-
-
-
Position Update1 week ago
-
-
Finance Investment Movement 432 weeks ago
-
-
-
-
MAS Singapore Gold Vault2 weeks ago
-
Gaining And Holding2 weeks ago
-
-
-
-
Book Giveaway- Winners2 weeks ago
-
-
ICYMI: Corporate Connect with Singpost3 weeks ago
-
-
Just sold at record high!3 weeks ago
-
-
-
-
-
-
-
-
-
Monthly IBKR Update – Feb 20243 weeks ago
-
-
Feb 2024 Portfolio3 weeks ago
-
Rethinking my financial targets for 20243 weeks ago
-
-
-
-
Summary of February 20244 weeks ago
-
Portfolio -- Feb 20244 weeks ago
-
The Market Is A Scam!4 weeks ago
-
-
-
-
-
-
-
-
-
-
-
Today’s Deal of the day – Max Miles1 month ago
-
-
Options Trading Journal Jan 20241 month ago
-
-
-
-
-
-
-
-
-
-
-
End of 2023 Review2 months ago
-
-
Year 2023 DIYQuant Portfolio Performance Report2 months ago
-
Monthly Summary of November 20233 months ago
-
3 Simple Poker Strategies for Beginners3 months ago
-
Migration of website4 months ago
-
-
Abandon REITS?4 months ago
-
-
-
-
-
-
-
-
-
August 2023 Portfolio Updates6 months ago
-
-
-
-
Hello SP Group, I'm Back!9 months ago
-
-
-
-
I am in debt9 months ago
-
A New Light10 months ago
-
-
-
-
-
-
-
Demoralized1 year ago
-
2022 Thoughts, Hello 2023!1 year ago
-
Series of Defaults for Maple Finance1 year ago
-
Takeaways from “Sea Change”1 year ago
-
-
Greed is Coming Back1 year ago
-
-
-
-
-
-
-
-
-
-
-
What is Overemployment1 year ago
-
-
-
-
-
-
-
-
-
-
-
Home
SUNCON
SUNCON (5263): SUNWAY CONSTRUCTION GROUP BHDn inks LoIs for LSS4 projects worth a combined RM385mil