PEB

0.820

(%)

OTHERS PIMPINAN EHSAN BERHAD ("PEB" OR THE "COMPANY") I) PROPOSED REGULARISATION PLAN II) PROPOSED OTHER ACQUISITIONS III) PROPOSED PRIVATE PLACEMENT II IV) PROPOSED EXEMPTION II (PROPOSED REGULARISATION PLAN, PROPOSED OTHER ACQUISITIONS, PROPOSED PRIVATE PLACEMENT II AND PROPOSED EXEMPTION II ARE COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

PIMPINAN EHSAN BERHAD

Type Announcement
Subject OTHERS
Description
PIMPINAN EHSAN BERHAD ("PEB" OR THE "COMPANY") 

I)	PROPOSED REGULARISATION PLAN 
II)	PROPOSED OTHER ACQUISITIONS 
III)	PROPOSED PRIVATE PLACEMENT II 
IV)	PROPOSED EXEMPTION II 

(PROPOSED REGULARISATION PLAN, PROPOSED OTHER ACQUISITIONS, PROPOSED PRIVATE PLACEMENT II AND PROPOSED EXEMPTION II ARE COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcements by the Company dated 2 March 2023, 31 March 2023, 25 May 2023, 20 June 2023 and 5 March 2025 respectively. Unless otherwise defined, capitalised terms used in this announcement have the same meanings as those given to them in the aforementioned announcements.

 

The Board of Directors of PEB wishes to announce that the Company has received a notification from reNIKOLA Holdings Sdn Bhd (“reNIKOLA”) that, on 2 September 2025, reNIKOLA has received letters of notification from the Energy Commission informing that reNIKOLA has been selected as a Shortlisted Bidder for the development of two large-scale solar photovoltaic plants in Kemaman, Terengganu under Malaysia’s Large Scale Solar 5+ (LSS 5+) programme, namely:

  1. a 250 MWac / 386 MWp project by the consortium of reNIKOLA, RE Chenderong Sdn Bhd (formerly known as RE Gebeng BKH Sdn Bhd) and the Anglo-Eastern Plantations Plc group ("AEP") and;
  2. a 150 MWac / 232 MWp project by the consortium of Antara Hijauan Sdn Bhd (a wholly-owned subsidiary of reNIKOLA) and AEP.

The two projects are being developed in collaboration with AEP, which is listed on the London Stock Exchange, with an estimated investment of RM1.2 billion.

 

This announcement is dated 8 September 2025.






Announcement Info

Company Name PIMPINAN EHSAN BERHAD
Stock Name PEB
Date Announced 08 Sep 2025
Category General Announcement for PLC
Reference Number GA1-08092025-00027