Samaiden bags RM39mil solar job in Bahau


PETALING JAYA: Samaiden Group Bhd has secured a RM39.17mil contract from a company controlled by its major shareholder to develop a 10MWac large-scale solar power plant in Bahau, Negri Sembilan.

Samaiden Sdn Bhd, a wholly-owned unit of the group, accepted a letter of award from Bahau Power Sdn Bhd to undertake engineering, procurement, construction and commissioning works for the power plant.

The works are scheduled to be completed within 12 months.

Bahau Power is 51%-owned by Datuk Chow Pui Hee via Angelaxy Power Sdn Bhd. Chow is also the single largest shareholder and managing director of Samaiden.

The remaining 49% is owned by Uzma Environergy Sdn Bhd, a wholly-owned subsidiary of Main Market-listed Uzma Bhd.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trading ideas: Sunway, Samaiden, Econpile, Sin-Kung, Jentayu, KIP REIT, Sunsuria, MMAG, Bank Islam
South Africa’s reforms in spotlight as nation sustains investor inflows
Carry trade worth US$4 trillion begins to unwind
KIP-REIT gets nod for DPulze Shopping Centre buy
Strong demand recovery expected for glove players
EcoWorld Malaysia’s QEBP poised to drive earnings growth
Sunway buys 18-acre land worth RM320mil
Econpile wins RM33mil KL piling contracts
Marcos Jr inks 12% VAT law on digital services
Cautious optimism on oil and gas sector

Others Also Read