KAB

0.395

-0.005 (-1.2%)

OTHERS KEJURUTERAAN ASASTERA BERHAD [REGISTRATION NO. 199701005009 (120505-H)] ("KAB" OR "THE COMPANY") - SOLAR POWER PURCHASE AGREEMENT BETWEEN KAB GREE SOLAR SDN. BHD. [REGISTRATION NO. 202101021849 (1422149-H)], A DIRECT SUBSIDIARY OF THE COMPANY, WITH MYDIN MOHAMED HOLDINGS BERHAD [REGISTRATION NO. 199101011136 (221448-A)]

KEJURUTERAAN ASASTERA BERHAD

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

- SOLAR POWER PURCHASE AGREEMENT BETWEEN KAB GREE SOLAR SDN. BHD. [REGISTRATION NO. 202101021849 (1422149-H)], A DIRECT SUBSIDIARY OF THE COMPANY, WITH MYDIN MOHAMED HOLDINGS BERHAD [REGISTRATION NO. 199101011136 (221448-A)]
Reference is made to the Company’s announcement dated 26 July 2021. Unless otherwise stated, defined terms used in this announcement shall have the same meanings as defined in the announcement dated 26 July 2021.

The Board of Directors of KAB wishes to announce that KAB Gree Solar Sdn. Bhd. [Registration No. 202101021849 (1422149-H)] (“KABGS” or “SPS Owner”), a direct subsidiary of the Company had on 12 April 2022 entered into Solar Power Purchase Agreement (“the Agreement”) dated 12 April 2022 with MYDIN Mohamed Holdings Berhad [Registration No. 199101011136 (221448-A)] (“MYDIN” or “Customer”) for the purpose of designing, constructing, installing, owning, operating and maintaining a solar photovoltaic energy generating system with a DC capacity of 2,041.65 kWp to be the located on the piece of land held under Hakmilik Sementara No. H.S.(D) 8456, No. PT 666, Mukim Kota, Daerah Jajahan Kota Bharu, Kelantan Darul Naim (“the said Premises”), to generate and supply solar photovoltaic energy to the Customer for twenty-one (21) years period commencing from the Commercial Operation Date (“COD”).

Please refer to the attachment for the details of the announcement.

This announcement is dated 12 April 2022.



Please refer attachment below.



Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 12 Apr 2022
Category General Announcement for PLC
Reference Number GA1-12042022-00013