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MEMORANDUM OF UNDERSTANDING SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING BETWEEN ADVANCECON SOLAR SDN. BHD. AND SOLARVEST ENERGY SDN. BHD.

SOLARVEST HOLDINGS BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING BETWEEN ADVANCECON SOLAR SDN. BHD. AND SOLARVEST ENERGY SDN. BHD.
Reference is made to the Company’s announcements made on 18 February 2020, 28 August 2020 and 12 October 2020 in relation to the Memorandum of Understanding dated 18 February 2020 entered into between Advancecon Solar Sdn. Bhd. and Solarvest Energy Sdn. Bhd.

The Board of Directors of Solarvest wishes to announce that Solarvest Energy Sdn. Bhd., a wholly-owned subsidiary of the Company has on 18 February 2021 entered into a Solar Photovoltaic Engineering, Procurement, Construction and Commissioning and Operation and Maintenance Service Agreement with Advancecon Solar Sdn. Bhd. for the provision of engineering, procurement, construction and commissioning for the development and operation of the rooftops solar photovoltaic system under the net energy metering scheme for Prominent Image Sdn. Bhd. 

Further details of the above are set out in the attachment.

This announcement is dated 18 February 2021.



Please refer attachment below.



Announcement Info

Company Name SOLARVEST HOLDINGS BERHAD
Stock Name SLVEST
Date Announced 18 Feb 2021
Category General Announcement for PLC
Reference Number GA1-16022021-00104




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