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Acceptance Of Letter Of Notification For Corporate Green Power Programme For Development Of A Large Scale Solar Power Plant At Daerah Kuala Muda Kedah ("Project")

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Type Announcement
Subject OTHERS
Description HSS ENGINEERS BERHAD ("HEB" OR "THE COMPANY")

ACCEPTANCE OF LETTER OF NOTIFICATION FOR CORPORATE GREEN POWER PROGRAMME FOR DEVELOPMENT OF A LARGE SCALE SOLAR POWER PLANT AT DAERAH KUALA MUDA KEDAH ("PROJECT")

Reference is made to the Company’s announcement on 15 August 2023 pertaining to the Corporate Green Power Programme (“CGPP”) for the development of the Project, in which HSS Engineering Sdn. Bhd. (“HSSE”), a wholly owned subsidiary of the Company, shall own 10% ordinary shares in the Consortium formed for the said Project.

The Company wishes to inform that the consortium has agreed for SM 01 Sdn. Bhd., a company incorporated in Malaysia, to be the Special Purpose Vehicle (“SPV”) for the said Project and that the shareholding proportion of HSSE in the Consortium has been revised from 10% to 18%.

 

This announcement is dated 22 November 2024.

 


Announcement Info

Company Name HSS ENGINEERS BERHAD
Stock Name HSSEB
Date Announced 22 Nov 2024
Category General Announcement for PLC
Reference Number GA1-22112024-00048
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