KAB

0.395

-0.005 (-1.2%)

OTHERS KEJURUTERAAN ASASTERA BERHAD [REGISTRATION NO. 199701005009 (120505-H)] ("KAB" OR "THE COMPANY") -ROOFTOP SOLAR POWER GENERATING SYSTEM CONSTRUCTION AND POWER PURCHASE AGREEMENT BETWEEN KAB GREE SOLAR THAI CO., LTD, AN INDIRECT SUBSIDIARY OF KAB AND AAPICO HITECH PUBLIC COMPANY LIMITED, AAPICO HITECH PARTS COMPANY LIMITED, AAPICO HITECH TOOLING COMPANY LIMITED, ABLE SANOH INDUSTRIES (1996) COMPANY LIMITED AND SIAM MACHINERY AND EQUIPMENT CO., LTD.

KEJURUTERAAN ASASTERA BERHAD

Type Announcement
Subject OTHERS
Description
KEJURUTERAAN ASASTERA BERHAD 
[REGISTRATION NO. 199701005009 (120505-H)] ("KAB" OR "THE COMPANY")

-ROOFTOP SOLAR POWER GENERATING SYSTEM CONSTRUCTION AND POWER PURCHASE AGREEMENT BETWEEN KAB GREE SOLAR THAI CO., LTD, AN INDIRECT SUBSIDIARY OF KAB AND AAPICO HITECH PUBLIC COMPANY LIMITED, AAPICO HITECH PARTS COMPANY LIMITED, AAPICO HITECH TOOLING COMPANY LIMITED, ABLE SANOH INDUSTRIES (1996) COMPANY LIMITED AND SIAM MACHINERY AND EQUIPMENT CO., LTD.
The Board of Directors of KAB wishes to announce that KAB Gree Solar Thai Co., Ltd. [Company Registration No. 0125564027751)] (“KABGST” or “the Seller”), an indirect subsidiary of the Company had on 21 March 2022, entered into five (5) Rooftop Solar Power Generating System Construction and Power Purchase Agreement (“the Agreements”) dated 21 March 2022 with the following parties (“the Purchasers”) for the purpose of constructing and installing the solar power generating system which consists of PV modules, inverter(s), metering equipment, monitoring system(s) and other equipment to be installed by KABGST at the following locations having the specifications of the main equipment with the approximate value (“System”): -

No.
Purchasers
Locations
Duration
Aapico Ayutthaya comprises of four (4) projects:
a.
Aapico Hitech Public Company Limited
No. 99 Moo. 1, Hitech Industrial Estate, Baan Lane Sub district, Bang Pa-In District, Phranakorn Sri Ayutthaya Province, Thailand .

Fifteen (15) years period commencing from the Commercial Operation Date (“COD”)

b.
Aapico Hitech Parts Company Limited
No. 99/2 Moo. 1, Hitech Industrial Estate, Baan Lane Sub district, Bang Pa-In District, Phranakorn Sri Ayutthaya Province, Thailand .

Fifteen (15) years period commencing from the COD
c.
Aapico Hitech Tooling Company Limited
No. 99/1 Moo. 1, Hitech Industrial Estate, Baan Lane Sub district, Bang Pa-In District, Phranakorn Sri Ayutthaya Province, Thailand.

Fifteen (15) years period commencing from the COD
d.
Able Sanoh Industries (1996) Company Limited
No. 98 Moo. 1, Hitech Industrial Estate, Baan Lane Sub district, Bang Pa-In District, Phranakorn Sri Ayutthaya Province, Thailand.

Fifteen (15) years period commencing from the COD
Siam Machinery and Equipment Co., Ltd.
e.
Siam Machinery and Equipment Co., Ltd.
No. 58 Moo. 11, Baan Lane Sub district, Bang Pa-In District, Phranakorn Sri Ayutthaya Province, Thailand.

Twenty (20) years period commencing from the COD.
Please refer to the attachment for the details of the announcement.

This announcement is dated 22 March 2022.



Please refer attachment below.



Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 22 Mar 2022
Category General Announcement for PLC
Reference Number GA1-22032022-00020