GuocoLand-led JV wins tender of Lentor Gardens land parcel in Singapore at bid price of S$486.8 mil
The bid price translates to a price of S$2,068.
The bid price translates to a price of S$2,068.
Under the SARE agreement, GSPARX will construct, operate and maintain the PV solar facilities with a system size of approximately 77,000kWp for 25 years.
He joined Guocoland Group in 2011, after working with GL Ltd (now known as GuocoLeisure Ltd), which is owned by Hong Kong-listed Guoco Group Ltd.
The group expects an increase in net profit of around RM7 million, as two of the three LSS4 projects are scheduled to be commissioned by May 2023.
It should be noted that purchasers agreed that the sale shares are sold with the outstanding loan sum under the existing facilities of RM2.
In total, TNB is currently operating two solar farms with 80MW power under the government-led LSS programme.
"The company does not expect to incur any losses arising from the commencement of the arbitration proceedings other than legal cost and the associated costs.
For the cumulative six-month period (1HFY2023), the property developer posted a net profit of RM10.
“We must focus on the future of our planet and emphasise sustainability of renewable energy and Sunway Nexis is happy to partner with Samaiden as the solar PV investor as this will certainly help to raise awareness of RE and its benefits to the owners and tenants of the building.