TOYOVEN

1.000

-0.08 (-7.4%)

OTHERS TOYO VENTURES HOLDINGS BERHAD ("TVHB" OR "THE COMPANY") - NON-EXECUTION OF TERM SHEET FOR KEY COMMERCIAL TERMS BETWEEN TOYO INK GROUP BERHAD AND SONG HAU 2 POWER COMPANY LIMITED WITH POWER ENGINEERING CONSULTING JOINT STOCK COMPANY 2 IN RELATION TO THE ENGINEERING, PROCUREMENT AND CONSTRUCTION, COMMISIONING AND START-UP OF SONG HAU 2 (2X1,060 MW) POWER PLANT IN HAU GIANG PROVINCE, VIETNAM

TOYO VENTURES HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
TOYO VENTURES HOLDINGS BERHAD ("TVHB" OR "THE COMPANY")
- NON-EXECUTION OF TERM SHEET FOR KEY COMMERCIAL TERMS BETWEEN TOYO INK GROUP BERHAD AND SONG HAU 2 POWER COMPANY LIMITED WITH POWER ENGINEERING CONSULTING JOINT STOCK COMPANY 2 IN RELATION TO THE ENGINEERING, PROCUREMENT AND CONSTRUCTION, COMMISIONING AND START-UP OF SONG HAU 2 (2X1,060 MW) POWER PLANT IN HAU GIANG PROVINCE, VIETNAM

We refer to our earlier announcement made on 28 October 2022 (Ref No.: GA1-28102022-00025), 31 October 2022 (Ref No.: GA-1-31102022-00028) and 1 November 2022 (Ref No.: GA-1-01112022-00065) in relation to the Engineering, Procurement and Construction, Commissioning and Start Up of Song Hau 2 (2 x 1,060 MW BOT) Power Plant Project located in Vietnam.

The Board of Directors of TVHB wishes to announce that the abovementioned Term Sheet with Power Engineering Consulting Joint Stock Company 2 (“PECC2”) will not be executed as it has been replaced with the execution of the Interim EPC Agreement with Sunway-PECC2 Consortium whereby an announcement on this event was made on 28 December 2022 (Ref No.: GA1-28122022-00013).

This announcement is dated 29 December 2022.






Announcement Info

Company Name TOYO VENTURES HOLDINGS BERHAD
Stock Name TOYOVEN
Date Announced 29 Dec 2022
Category General Announcement for PLC
Reference Number GA1-29122022-00059