PETALING JAYA: Samaiden Group Bhd has accepted a letter of award from Legasi Green Power Sdn Bhd to undertake, amongst others, the main contract works in relation to the development of a 14MW alternating current large scale solar photovoltaic power plant in Sungai Petani, Kedah, worth RM52mil.
Samaiden said the scope of the main contract works included the design, supply, delivery, installation, testing and commissioning in connection with the project.
Works are expected to be completed by Aug 30, 2025.
It added that there are no foreseeable significant risks other than operational risk associated with the project during the contract period.
“Barring any unforeseen circumstances, the award is expected to contribute positively towards the future earnings of the company during the duration of the project.” it said.
“The award will not have any effect on the share capital and substantial shareholders’ shareholdings of the company,” it said.
