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 |