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Tony-Pua

Solarvest与M&A证券签署IPO包销协议
Bernama
August 21, 2019 15:26 pm +08
https://www.theedgemarkets.com/article/solarvest与ma证券签署ipo包销协议

（吉隆坡21日讯）太阳能光伏系统专家Solarvest Holdings Bhd与M&A证券签署首次公开募股（IPO）的包销协议。

Solarvest今日发布文告指出，IPO将公开发行9882万新股，占扩大后股本的25.3%。

根据协议，M&A证券将包销总计3906万供公众、集团合格董事、雇员及有功人士的新股。

该公司说，2070万股将私下配售予特定投资者，而余下的3906万股配售给土著投资者。

集团总执行长张俊雄表示，此次上市将推动Solarvest的发展计划，所筹资金将用于加快在国内外太阳能光伏市场的扩张。

“本地方面，我们的目标是加强在大型太阳能光伏（LSSPV）项目的市场版图，尤其是第三轮大型太阳能项目（LSS3）竞标活动。在商业和工业市场，我们正在向南马扩张，在森美兰、马六甲和柔佛州寻求商机。”

他补充：“至于国外，我们计划进军新的市场，即越南和台湾。”

此外，Solarvest说，该集团还计划将部分资金用于提高技术能力，包括收购新的项目机械与设备，以及提升资讯科技（IT）软件和硬件。

“余下资金将充作日常业务和未来项目的营运资本、偿还银行贷款，以及支付上市费用。”

Solarvest计划于2019年10月前在大马交易所创业板上市，M&A证券是上市活动的顾问、保荐人、包销商和配售代理。



（编译：陈慧珊）

surviver

怎么申请呢

Tony-Pua

陈麒文（前左起）、张俊雄和林敬修（站）昔日同窗，今天是生意伙伴，一同在太阳能领域发光发热。
（吉隆坡19日讯）预计10月在大马交易所创业板上市的Solarvest控股，放眼竞标政府总值20亿令吉第三轮大型太阳能发电厂（简称LSS3）的装置与服务工程。

上市加强实力，Solarvest未来计划进军越南及台湾市场。



这家太阳能系统公司招股书会在本月30日出炉，首次公开募股发行9882万股新股，相当于扩大后股本的25.3%。

Solarvest将是第一家挂牌的大型太阳能发电厂（LSS）总承包商；3名创办人以前是同窗，目前在公司担任不同职位，共同发展事业。

集团总执行长张俊雄、执行董事陈麒文及董事经理林敬修，接受《南洋商报》访问时表示，今明年都聚焦在LSS3。

该公司正协助客户竞标LSS3，有关竞标申请刚在8月19日截止，若顺利夺标，那么在工程竞标上更占天时、地利、人和。

张俊雄指出，若得标可让公司忙碌至2022年，推高营业额及净利。



“我们可协助政府达致2025年再生能源占总发电量20%的目标，也履行公司打造全球化使用再生能源的理念和使命。”

他说，凭着挂牌上市绝佳优势，让财务资源更加雄厚的Solarvest可独自承包大型太阳能发电厂装置工程，提高竞争能力，也响应政府要求全本土承包的目标。

本报金鹰奖得主

Solarvest配合上市筹资所得，主要用于购买新机械设备，同时优化信息技术软硬件，剩余为作营运资本、偿还贷款和上市费用。该公司2018年营业额4500万令吉，比2017财年上扬15.38%；去年净赚820万令吉。

另外，Solarvest独资子公司Atlantic Blue有限公司，是《南洋商报》主办的金鹰奖2015及2016年度百强企业得主。

受惠政府推动绿色能源

除了实力和热诚，可以说政府开放电力领域和致力发展绿色能源，也给了Solarvest不少助力。

永续能源发展机构（SEDA）2012年推介电力收购机制（Feed inTariff）释放再生能源的无限市场与潜能。

林敬修2008年报读玛拉工艺大学的能力评估课程取得执照，于是偕张俊雄、陈麒文和另一股东陈宝文，在吉打州亚罗士打创办Atlantic Blue有限公司，进军太阳能光伏系统领域。

陈麒文指出，公司成立初期主要业务是协助住家安装太阳能系统，业务渐上轨道后，开始接触与承接大型的工厂、建筑物以及空地安装1兆瓦的光伏系统工程。

“2014年，我们和国能签约，取得5年加5年的先驱地位，收入获豁免税率优势，也确保公司每年有稳定收入。”

之后，政府改以净电能计量（NEM）取代旧式购电机制，更放眼明年结束前，发出共500兆瓦的净电能计量配额，淡市中为太阳能市场注入强心剂。

政府相继推出的大型太阳能发电厂项目（LSS），让Solarvest借势转型为总承包商，协助客户向政府申请及安装大型太阳能发电厂工程，包办统办工程、采购、建筑和测试（EPCC）的一站式服务。


Solarvest 用“将阳光转变成投资”的口号刷亮招牌；图为北赖分行。
积极扩展南马

总部设在八打灵再也的Solarvest，分行遍布吉打、槟城、雪兰莪及柔佛；目前积极扩展至南马市场，探索森美兰、马六甲及柔佛州的商机。

年轻有干劲的Solarvest靠着不断创造企业价值往前冲，短短7年速迅崛起为业界新星。

通过企业文化栽培与栽培熟练专才，Solarvest建立起一支强大的后援团队，从住家式屋顶太阳能光伏系统到规模庞大的太阳能园，完美覆盖，提供专业一条龙服务。

当中，启顺造纸厂（NTPM，5066，主板消费股）、伟特科技有限公司、东和资源有限公司以及DK Leather Seats有限公司等都是该公司主要商用建筑物客户。

在政府倡议的大型太阳能发电厂方面，该公司在吉打完成3项目，发电能12兆瓦、65兆瓦及58.5兆瓦；在彭亨完成的项目，发电能达61兆瓦。

2017年8月，Solarvest更获得综合建材商振兴集团（CHINHIN，5273，主板贸服股）入股45%，显示主要投资者充满信心。

内部培训复制专才

陈麒文指出，有别与其他领域如电子与电器或者建筑行业，再生能源在我国还是新兴行业，很难从其他同行挖角。

“所以，我们只能靠内部工程师提供培训，复制专才。”

Solarvest团队从创业初期的2名员，迅速扩展到目前超过100人的强大队伍，超过一半是工程师。

他强调：“团队精神非常重要，只有良好的企业文化才能塑造出有归宿感，减低风险及提高竞争力，协助转型及攫取更多高价值的工程合约。”

他说，尽管面对国内5到10家的主要竞争对手，但Solarvest以专业的售后服务在业界赢获口碑。


Solarvest服务对象完善含盖了住宅和大型太阳能发电站。

Tony-Pua

IPO Prospectus

SOLARVEST HOLDINGS BERHAD

Subject

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (BURSA SECURITIES) COMPRISING THE PUBLIC ISSUE OF 98,828,000 NEW ORDINARY SHARES IN OUR COMPANY (SHARES) IN THE FOLLOWING MANNER: (i) 19,531,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (ii) 19,531,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; (iii) 20,703,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (iv) 39,063,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT AN ISSUE PRICE OF RM0.35 PER SHARE, PAYABLE IN FULL UPON APPLICATION

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6295733

Attachments Solarvest Holdings Berhad - IPO Eng - Bursa (Part 1).pdf Solarvest Holdings Berhad - IPO Eng - Bursa (Part 2).pdf Solarvest - Detailed Procedures for E-IPO Share Application and Acceptance.pdf

11月26日IPO·Solarvest筹3459万拓展业务
                        新股介绍
                        Solarvest控股董事经理林敬修（右三）和张俊雄（左三）陪同能源部长杨美盈（中）一同展示招股书；右起为董事周豪俊及陈麒文，左起为合盈证券董事经理陈俊山票及Atlantic Blue董事陈宝文。

（吉隆坡30日讯）预定11月26日上市大马交易所创业板的Solarvest控股希望通过首次公开售股（IPO）筹集3459万令吉，以达至其扩展计划。

该公司核心业务为提供太阳能光伏（solar PV）系统的工程、采购、建造和调试（EPCC）服务的总承包。

Solarvest控股为振兴集团（CHINHIN,5273,主板工业产品服务组）联号公司，后者持有Solarvest45%股权，而一旦上市，该股权将稀释至33.6%。

根据招股书显示，该公司将以发售价每股35仙，发售9882万8000股新股筹得3459万令吉，当中1919万令吉将作为日常营运资本、300万令吉用于业务扩展，400万令吉为资本支出、500万令吉用来偿还银行贷款及剩余340万令吉则作为上市开销。

该公司首席执行员张俊雄在招股书推介礼上指出，随着大家对太阳能的关注程度不断提高，本地太阳能行业正处于扩张阶段，而商业和工业用户及大型投资者在净电能计量（NEM）计划和大型太阳能光伏发电厂（LSSPV）计划下的使用率也令人鼓舞。

太阳能行业前景看俏

他表示，本地政府的大力支持将进一步提高了太阳能行业的前景，通过实施了各种政策和计划，以加速向可再生能源的投资转移。

对于业务扩展计划，张俊雄指出，未来将在越南和台湾需求商机，并认为当地的太阳能行业具发展前景。

“我们目前处于探索阶段，希望能寻获当地公司合作。”

手握2亿订单

不过，他强调，公司核心仍是本地市场，扩展海外市场仅为多样化业务。

此外，该公司也将扩展本地业务至西马半岛南部。

他表示，他们目前的订单总值2亿令吉，大约是营业额的1.7倍，料可支撑该公司12个月营收。

他指出，接下来他们将竞标大型太阳能光伏发电厂3的项目，而公司良好的过去记录及竞标的太阳能承包商必须100%本土公司都是有利于他们。

问及2019财政年毛利润大跌，他解释，因为攫获了大型太阳能光伏发电厂，大型项目赚幅较薄，不过其收入较大。

张俊雄表示，希望未来可以通过攫获住宅、商业和大型项目等不同增幅比重项目，来平衡好公司收入和毛利润，让毛利润维持在20%左右。

根据该公司招股书显示，截至2019年3月31日的财政年，毛利润为20%，相比前期的37%，收窄了17%；营业额则从前期4506万9000令吉，按年增长149%，至1亿1220万1000令吉。

Tony-Pua

哇塞！！！！起 100%++。。。。RM 0.74

灵芸

昨天一开市0.625进场，0.73下车。今天敢死起到0.85

huiyi198600

我0.63   进    0.70  下车了

少赚很多

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	102,404	0	139,964	0
2	Profit/(loss) before tax	4,516	0	8,806	0
3	Profit/(loss) for the period	3,604	0	7,801	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,656	0	7,873	0
5	Basic earnings/(loss) per share (Subunit)	1.25	0.00	2.70	0.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.1400		31.6700

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	Solarvest Holdings Berhad ("the Company") - Memorandum of Agreement between the Company and Teo Seng Capital Berhad
1. INTRODUCTION Reference is made to the Company’s reply to the query letter with reference number IQL-10022020-00001 made on 11 February 2020. The Board of Directors of the Company wishes to announce that the Company had on 21 November 2019 entered into a Memorandum of Agreement (“MOA”) with Teo Seng Capital Berhad (“Teo Seng”) for the purpose of installation of the solar photovoltaic panel across farms and factories of Teo Seng and its group of companies which is located in the state of Johor, Malaysia. (Teo Seng and the Company, shall hereinafter referred to collectively as “Parties” and individually as “Party”, where the context so requires). 2. INFORMATION OF TEO SENG Teo Seng was incorporated in Malaysia and have its business office at Lot PTD 25740, Batu 4, Jalan Air Hitam, 83700 Yong Peng, Johor. Teo Seng is one of the largest egg producers in Malaysia involving in poultry farming and marketing of chicken eggs, manufacturing and marketing of animal feeds, egg trays, organic fermented fertilizer and providing animal health care products and customised solutions. 3. SALIENT TERMS OF THE MOA 3.1     The Company will be appointed as the Solar Strategic Partner for the installation of approximately 4,000 kilowatt peak rooftops solar projects for all sites of Teo Seng’s farms and factories located at Yong Peng, Johor. The Company will provide technical supports services in terms of engineering, procurement, construction and commissioning for the rooftops solar projects. 3.2     Teo Seng has allocated up to RM13.0 million for these rooftops solar projects. The final project details such as installation capacity, contract value and costs will be set out in the Engineering, Procurement and Construction Agreement (“EPC Agreement”) to be agreed between both Parties. 3.3     Both Parties agreed to enter into the EPC agreement within twelve (12) months from the date of MOA or any extended period agreed by both Parties. As at the date of this announcement, both Parties are still finalising the details of the EPC Agreement and further announcement will be made when the Company enters into the EPC Agreement. 3.4     The MOA shall remain enforceable for three (3) years or until both Parties enter into the EPC Agreement, whichever is earlier. Either Party may terminate this MOA by giving two (2) months written notice to the other Party during the validity period of the MOA. 4. FINANCIAL EFFECTS The Board is of the opinion that entering into MOA with Teo Seng will contribute positively to the future financial performance of the Company, however, it would not have any material effect on the net assets and earnings per share of the Company for the financial year ending 31 March 2020. 5. APPROVAL REQUIRED No approval is required from the Company’s shareholders to enter into the MOA with Teo Seng. 6. DIRECTORS’ AND MAJOR SHAREHOLDERS’ AND/OR PERSONS CONNECTED WITH A DIRECTOR OR MAJOR SHARHOLDER’S INTERESTS None of the Directors and/or major shareholders or persons connected to them has any interests, direct or indirect, in the MOA. 7. STATEMENT BY THE BOARD OF DIRECTORS The Board is of the opinion that entering into the MOA with Teo Seng is in the best interest of the Company. This announcement is dated 11 February 2020.

icy97

Type	Announcement
Subject	OTHERS
Description	SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY") - ESTABLISHMENT OF A NEW WHOLLY-OWNED SUBSIDIARY, SOLARVEST ASSET MANAGEMENT SDN. BHD.
1. INTRODUCTION The Board of Directors of the Company (“Board”) wishes to announce that the Company had on recently established a new subsidiary company, namely, Solarvest Asset Management Sdn. Bhd. (“SAMSB”), which is 100%-owned by Solarvest. 2. INFORMATION OF SAMSB SAMSB was incorporated in Malaysia under the Companies Act, 2016 as a private company limited by shares on 24 December 2019. Upon incorporation, Solarvest subscribed 100 ordinary shares, representing 100% equity interest in the share capital of SAMSB for a total cash consideration of RM100.00 (Ringgit Malaysia: One Hundred) only. Subsequently, Solarvest had on 12 February 2020 subscribed an additional 1,999,900 ordinary shares in the capital of SAMSB at the issue price of RM1.00 per share. Currently, the total issued and paid-up share capital of SAMSB is RM2,000,000.00 comprising of 2,000,000 ordinary shares, and Solarvest remains as the sole member of SAMSB. The Directors of SAMSB are Mr. Tan Chyi Boon, Mr. Lim Chin Siu, Mr. Chong Chun Shiong, Datuk Seri Chiau Beng Teik and Mr. Chiau Haw Choon. The intended business activity of SAMSB is to carry out the business of solar leasing and other related activities. SAMSB will provide finance leasing and lending services in relation to the solar rooftop projects undertaken or to be undertaken by Solarvest and group of companies (“the Group”), mainly to facilitate the expansion of the Group’s businesses into solar leasing and other related activities. 3. FINANCIAL EFFECTS The Board is of the opinion that the establishment of SAMSB will not have any material effects on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of the Company for the financial year ending 31 March 2020 as SAMSB is currently a dormant company and has yet to commence business operations. 4. DIRECTORS’ AND MAJOR SHAREHOLDERS’ AND/OR PERSONS CONNECTED WITH A DIRECTOR OR MAJOR SHARHOLDER’S INTERESTS None of the Directors and/or major shareholders or persons connected to them has any interests, direct or indirect, neither during the incorporation nor upon the subscription of additional ordinary shares in the capital of SAMSB by Solarvest. 5. STATEMENT BY THE BOARD OF DIRECTORS The Board is of the opinion that the establishment of SAMSB is in the best interest of the Company. This announcement is dated 12 February 2020.

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN ADVANCECON SOLAR SDN. BHD. AND SOLARVEST ENERGY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
1. INTRODUCTION The Board of Directors of the Company wishes to announce that its wholly-owned subsidiary, Solarvest Energy Sdn. Bhd. (“Solarvest Energy”), had on 18 February 2020 entered into a Memorandum of Understanding (“MOU”) with Advancecon Solar Sdn. Bhd. (“Advancecon”) to jointly co-operate for the purposes of undertaking solar renewable energy projects in Malaysia under the Commercial and Industrial category (“Projects”). (Advancecon and Solarvest Energy, shall hereinafter referred to collectively as “Parties” and individually as “Party”, where the context so requires). 2. INFORMATION ON ADVANCECON Advancecon was incorporated in Malaysia as a private company limited by shares and is a subsidiary of Advancecon Holdings Berhad, a public company listed on the Main Market of Bursa Malaysia Securities Berhad. Advancecon is principally a solar photovoltaic investor registered under Sustainable Energy Development Authority (SEDA) for solar renewable energy projects. 3. INFORMATION ON SOLARVEST ENERGY Solarvest Energy was incorporated in Malaysia as a private company limited by shares and it is a wholly-owned subsidiary of Atlantic Blue Sdn. Bhd., which in turn is a wholly-owned subsidiary of the Company. Solarvest Energy is principally involved in the provision of Engineering, Procurement, Construction and Commissioning (“EPCC”) services for solar photovoltaics system. 4. SALIENT TERMS OF THE MOU The MOU expressed the intention of the Parties to jointly co-operate for the purposes of the Projects: 4.1     Advancecon is desirous to engage Solarvest Energy as the exclusive contractor for the EPCC works for the Projects (“EPCC Contractor”) and Solarvest Energy is willing to act as the EPCC Contractor for the Projects. 4.2     The Parties agree to use their best endeavour to assist and co-operate with each other in the implementation and execution of the Projects, including participating in bidding for the Projects. 4.3     The Parties’ detailed scope of work and responsibilities shall be further defined in a separate definitive agreement for each of the Projects to be undertaken by the Parties. The content of the MOU shall form an integral part of the said agreement. 4.4     Both Parties shall utilise their resources and experiences to establish joint venture (if necessary) for each of the Projects to be undertaken by the Parties. 4.5     The Parties agree to be responsible for and shall bear its own costs and expenses of any kind committed or incurred in the performance of the MOU. 4.6     The MOU shall enter into force from the date of signing by the Parties and shall be valid until the date where the Parties agree to mutually terminate this MOU in writing. 5. FINANCIAL EFFECTS The MOU by itself is not expected to have any material effect on the net assets and earnings per share of the Company for the financial year ending 31 March 2020, however, upon the successful implementation and execution of the Projects pursuant to the terms as set out in the MOU, it is expected that the Projects will contribute positively to the future financial performance of the Company. 6. APPROVAL REQUIRED No approval is required from the Company’s shareholders to enter into the MOU with Advancecon. 7. DIRECTORS’ AND MAJOR SHAREHOLDERS’ AND/OR PERSONS CONNECTED WITH A DIRECTOR OR MAJOR SHARHOLDER’S INTERESTS None of the Directors and/or major shareholders or persons connected to them has any interests, direct or indirect, in the MOU. 8. STATEMENT BY THE BOARD OF DIRECTORS The Board is of the opinion that entering into the MOU with Advancecon is in the best interest of the Company. This announcement is dated 18 February 2020.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2019	31 Dec 2018	31 Dec 2019	31 Dec 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	62,120	0	202,084	0
2	Profit/(loss) before tax	4,834	0	13,640	0
3	Profit/(loss) for the period	4,302	0	12,103	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,978	0	11,851	0
5	Basic earnings/(loss) per share (Subunit)	1.20	0.00	5.89	0.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.2000		31.6700

icy97

icy97 发表于 19-4-2020 07:58 AM

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	SOLARVEST HOLDINGS BERHAD (SOLARVEST OR THE COMPANY) - UPDATE ON THE STATUS OF MEMORANDUM OF AGREEMENT BETWEEN SOLARVEST HOLDINGS BERHAD AND TEO SENG CAPITAL BERHAD
Reference is made to the Company’s announcement made on 11 February 2020 in relation to the Memorandum of Agreement dated 21 November 2019 (“MOA”) entered into between the Company and Teo Seng Capital Berhad. 1. INTRODUCTION The Board of Directors of the Company wishes to announce that Solarvest Energy Sdn. Bhd., a wholly-owned subsidiary of the Company (“Solarvest Energy”) has on 25 March 2020 entered into six (6) Solar Photovoltaic (“PV”) Engineering, Procurement, Construction and Commissioning and Operation and Maintenance Service Agreements (“Phase 1 Agreement”) with Teo Seng Farming Sdn. Bhd. (“Teo Seng Farming”) for the provision of engineering, procurement, construction and commissioning services (“EPCC Services”) for the design, supply, installation, construction, testing and commissioning of the rooftop solar PV system (“System”) and the related operation and maintenance services (“O&M Services”) at the selected farms and factories of Teo Seng Farming located at Yong Peng and Ayer Hitam, Johor (“Project”). Further details of the above are set out in the attachment. This announcement is dated 25 March 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3038869

Attachments Attachment - Update on MOA dated 21 November 2019.pdf

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	SOLARVEST HOLDINGS BERHAD (SOLARVEST OR THE COMPANY) - UPDATE ON THE STATUS OF MEMORANDUM OF AGREEMENT BETWEEN SOLARVEST HOLDINGS BERHAD AND TEO SENG CAPITAL BERHAD
For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Company's announcement made on 25 March 2020 in relation to the update on the status of MOA between the Company and Teo Seng. Reference is made to the Company’s announcement made on 25 March 2020 in relation to the update on the status of MOA between the Company and Teo Seng (“Announcement”). The Board of Directors of Solarvest wishes to furnish the following additional information pertaining to the abovementioned matter: 1. Tenure of the Phase 1 Agreement and whether the contract is subject to renewal (if yes, the details of such renewal). The Phase 1 Agreement will cease when all the obligations in the agreement are fulfilled. Notwithstanding that, the continuation of the O&M Services to be provided by Solarvest Energy to Teo Seng Farming upon the completion of the Phase 1 Agreement is optional, should Teo Seng Farming wishes to continue the aforesaid services and subject to the new terms and conditions to be agreed between the parties. 2. In relation to Section 3(v) of the Announcement, the date of completion of the installation, testing & commissioning of the System. Barring any unforeseen circumstances, the works under the Project are expected to be completed by the Company's first financial quarter ending 30 June 2020. This announcement is dated 26 March 2020.

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	SOLARVEST HOLDINGS BERHAD - UPDATE ON THE STATUS OF MEMORANDUM OF AGREEMENT BETWEEN THE COMPANY AND TEO SENG CAPITAL BERHAD
For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Company's announcement made on 25 March 2020 in relation to the update on the status of MOA between the Company and Teo Seng. Reference is made to the announcements made by Solarvest Holdings Berhad (“Solarvest” or “the Company”) on 25 March 2020 and 26 March 2020 in relation to the update on the status of MOA between Solarvest and Teo Seng. The Board of Directors of Solarvest wishes to furnish the following additional information pertaining to the abovementioned matter: 1. The selected farms and factories of Teo Seng involved for the Project under Phase 1 Agreement and the tenure of the provision of the O&M Services to be provided by Solarvest Energy to Teo Seng Farming upon the handover of the System are as follows: Site Locations Term of the O&M Services PTD 25740, Batu 4, Jalan Air Hitam, 83700 Yong Peng, Johor 5 years No JL 24-15, Jln Labis, 83700 Yong Peng, Johor 3 years Lot 2659, Batu 5 1/2, Jln Labis, 83700 Yong Peng, Johor 3 years Reban Ayam, Lot 10911, Jln Yong Peng, BT 3, Asam Bubuk, 86100 Ayer Hitam, Johor 3 years Lot 9352, Jln Desa Jaya Kg Hj Ghaffar, 83730 Yong Peng, Johor 3 years Layer 4, Lot 1356, Jln Labis, 83700 Yong Peng, Johor 3 years 2. The installation, testing and commissioning of the System for the above site locations is expected to be completed within six (6) months from the date of commencement of 14 November 2019, and barring any unforeseen circumstances, the works for all site locations are expected to be completed by the Company's first financial quarter ending 30 June 2020. This announcement is dated 31 March 2020.

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Type	Announcement
Subject	OTHERS
Description	SOLARVEST HOLDINGS BERHAD- ENGINEERING, PROCUREMENT, CONSTRUCTION, INSTALLATION, TESTING AND COMMISSIONING AGREEMENT BETWEEN NE SURIA SATU SDN. BHD. AND SOLARVEST ENERGY SDN. BHD.
1. INTRODUCTION The Board of Directors of the Solarvest Holdings Berhad ("Solarvest" or "the Company") wishes to announce that Solarvest Energy Sdn. Bhd., a wholly-owned subsidiary of the Company (“Solarvest Energy”) has entered into an Engineering, Procurement, Construction, Installation, Testing and Commissioning Agreement (“the Agreement”) with NE Suria Satu Sdn. Bhd. (“NESS”) for the provision of engineering, procurement, construction, installation, testing and commissioning of the solar photovoltaic (“PV”) power generation system for fifteen (15) identified stores of a hypermarket chain in Malaysia (“Project”). 2. INFORMATION ON NESS The principal business activity of NESS is developing, constructing, owning, maintaining, managing and operating solar PV power generation systems, among others. The major shareholders of NESS are PETRONAS Power Sdn. Bhd. and NEFIN Energy (Malaysia) Sdn. Bhd. PETRONAS Power Sdn. Bhd. is a wholly-owned subsidiary of Petroliam Nasional Berhad (PETRONAS) whereas NEFIN Energy (Malaysia) Sdn. Bhd. is a subsidiary of NEFIN Group, a bespoke solar developer and asset management company with a focus on solar PV. 3. SALIENT TERMS OF THE AGREEMENT (i) Solarvest Energy will be appointed as the contractor to undertake the Project for the delivery of the rooftop solar PV power generation system (“System”) at the fifteen (15) identified stores of a hypermarket chain in Malaysia with the cumulative system capacity of approximately 10,614 kilowatt peaks (kWp). (ii) Solarvest Energy shall provide, on a turnkey basis, all professional design and engineering services, equipment procurement, construction, installation, testing and commissioning, supervision, labor, materials, equipment, tools, manufacturing equipment and machinery, utilities, transportation and procurement of all relevant permits and/or licences (where necessary) for the System in accordance with the Agreement. (iii) Upon substantial completion with respect to each System, Solarvest Energy is required to test the System, including all components thereof in accordance with the requirements of the Agreement. Solarvest Energy shall provide warranty and performance guarantee for a period of 24 months that the work shall conform to the specification on the substantial completion date and shall be free from defects in materials and workmanship under normal operating conditions. (iv) The contract price of the Project is valued at RM29.2 million and is payable in accordance with the progress payment schedule based on the completion milestone of the Project. (v) The Project shall be completed as per the Project Schedule agreed by NESS upon the issuance of Notice To Proceed for individual site by NESS to Solarvest Energy. 4. FINANCIAL EFFECT The Project is expected to contribute positively to the earnings and net assets of Solarvest for the financial year ending 31 March 2021. 5. RISK FACTORS The Company does not foresee any exceptional risk other than the normal operational risks associated with the Project. Nevertheless, the Company will take the necessary steps to mitigate the risks as and when they occur. 6. DIRECTORS' AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders of Solarvest or persons connected with them has any interests, whether direct or indirect, in the Project. 7. STATEMENT BY DIRECTORS The Board of Directors of the Company is of the opinion that the Project is in the ordinary course of business of Solarvest Group and is in the best interest of the Solarvest. This announcement is dated 23 April 2020.

pts2222

（吉隆坡1日讯）由Solarvest Holdings Bhd和GFM Services Bhd组成的财团，获得一项总值3000万令吉的合约，为大马半岛的6个玛拉工艺大学（UiTM）校园进行太阳能光伏（PV）基础设施的工程、采购、建设与调试。

Solarvest今日向大马交易所报备，该合约是由独资子公司Atlantic Blue私人有限公司与GFM Services独资子公司Global Facilities Management私人有限公司组成的财团所获得。

该合约由Go Energy私人有限公司（前称Talent Cloud私人有限公司）所授予，涉及累计发电量为1万1057峰瓦（kWp）。

这6个校园分别是槟城峇东埔、森那美瓜拉庇劳、马六甲亚罗牙也、登嘉楼龙运、彭亨增卡，以及柔佛昔加末。

“每个校园的工程预计将在动工日起的两个月内完成。该项目将为Solarvest截至明年3月杪财政年的财务业绩作出贡献。”

截至3时15分，Solarvest报1.55令吉，无起落，共1619万5100股易手，市值为6亿546万令吉。该股已从3月19日的54仙低位，涨了近2倍。

GFM Services则起0.5仙或2.63%，报19.5仙，市值为1亿130万令吉。

icy97

SOLARVEST HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name	CHIN HIN GROUP BERHAD
Address	A-1-9, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, Kuala Lumpur 58200 Wilayah Persekutuan Malaysia.
Company No.	201401021421 (1097507W)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	04 Jun 2020	20,000,000	Disposed	Direct Interest
	Name of registered holder	Chin Hin Group Berhad
	Address of registered holder	A-1-9, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200 Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposal of shares via off market transaction
Nature of interest	Direct Interest
Direct (units)	111,308,000
Direct (%)	28.495
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	111,308,000
Date of notice	04 Jun 2020
Date notice received by Listed Issuer	04 Jun 2020

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2020	31 Mar 2019	31 Mar 2020	31 Mar 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	51,350	0	253,434	0
2	Profit/(loss) before tax	2,845	0	16,485	0
3	Profit/(loss) for the period	3,873	0	15,976	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,814	0	15,665	0
5	Basic earnings/(loss) per share (Subunit)	0.98	0.00	6.28	0.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.2100		31.6700

icy97

Type	Announcement
Subject	OTHERS
Description	SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY")- ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING CONTRACT BETWEEN GO ENERGY SDN. BHD. AND CONSORTIUM OF ATLANTIC BLUE SDN. BHD. AND GLOBAL FACILITIES MANAGEMENT SDN. BHD.
1. INTRODUCTION The Board of Directors of Solarvest is pleased to announce that on 1 July 2020, the Consortium of Atlantic Blue Sdn. Bhd. and Global Facilities Management Sdn. Bhd. (“the Consortium”) had entered into an Engineering, Procurement, Construction and Commissioning Contract (“EPCC Contract”) with Go Energy Sdn. Bhd. (formerly known as Talent Cloud Sdn. Bhd.) (“Go Energy”) for the provision of engineering, procurement, construction and commissioning (“EPCC”) for the development and operation of the solar photovoltaics (“PV”) system and all associated infrastructure (“System”) at the following six (6) Universiti Teknologi MARA (“UiTM”) campuses (“UiTM Campuses”) (“Project”): (a) UiTM Cawangan Pulau Pinang, Kampus Permatang Pauh; (b) UiTM Cawangan Negeri Sembilan, Kampus Kuala Pilah; (c) UiTM Cawangan Melaka, Kampus Alor Gajah; (d) UiTM Cawangan Terengganu, Kampus Dungun; (e) UiTM Cawangan Pahang, Kampus Jengka; and (f) UiTM Cawangan Johor, Kampus Segamat. 2. INFORMATION ON THE CONSORTIUM The Consortium is an association constituted by Atlantic Blue Sdn. Bhd. and Global Facilities Management Sdn. Bhd. solely to perform the works under the Project. Atlantic Blue Sdn. Bhd. (“ABSB”) is a wholly-owned subsidiary of the Company and principally engaged in the provision of EPCC services for solar PV systems and investment in solar PV plant. The current directors of ABSB are Lim Chin Siu, Tan Chyi Boon, Chong Chun Shiong, Datuk Seri Chiau Beng Teik and Chiau Haw Choon. Global Facilities Management Sdn. Bhd. (“GFMSB”) is a private limited company incorporated in Malaysia on 11 February 2000 and its principal activity is facilities operation, maintenance, management and providing engineering services. The current directors of GFMSB are Zainal Bin Amir, Ruslan Bin Nordin and Mohammad Shahrizal Bin Mohammad Idris. GFMSB is also a wholly-owned subsidiary of GFM Services Berhad, a public company listed on the ACE Market of Bursa Malaysia Securities Berhad. 3. INFORMATION ON GO ENERGY Go Energy Sdn. Bhd. (formerly known as Talent Cloud Sdn. Bhd.) is an Energy Services Company (ESCO) incorporated in Malaysia to carry out the business of green energy and green technology solutions inclusive but not limited to energy optimisation, renewable energy and sustainable energy. Go Energy is a wholly-owned subsidiary of UiTM Energy & Facilities Sdn. Bhd., which in turn is a wholly-owned subsidiary of UiTM Holdings Sdn. Bhd. 4. DETAILS OF THE PROJECT (i) Go Energy engages the Consortium as the contractor to undertake the Project, which shall include the development, design, engineering, fabrication, procurement, construction, installation, commissioning, testing, delivery, completion and rectification of all defects in the System at the identified sites located at the UiTM Campuses. (ii) The contract price for the Project is RM30.0 million and the cumulative plant capacity is 11,057 kilowatt peaks (kWp). (iii) The contract price, project costs and share of the proceeds to be derived by the Consortium from the Project would be apportioned to ABSB and GFMSB in the ratio of 90% and 10%, respectively. (iv) The date of commencement of the Project is subject to the issuance of Notice to Proceed by Go Energy to the Consortium, setting out the commencement date, which shall be issued within seven (7) days upon the satisfaction of the following conditions precedent or upon the waiver of any conditions precedent by Go Energy: (a) The completion of a satisfactory physical inspection and assessment of the relevant construction sites by the Consortium to confirm the suitability of the construction sites for the Project; (b) The Consortium provides evidence to Go Energy that it has procured and maintained insurance policies in accordance with the EPCC Contract; and (c) Upon the request of Go Energy, the Consortium to provide a Performance Bond amounting to RM4.5 million to Go Energy in accordance with the EPCC Contract. (v) The targeted completion date for each UiTM Campus shall be two (2) months from the commencement date as set out in the respective Notice to Proceed. The Project is deemed completed when the UiTM Campuses achieve the commercial operation and the issuance of Certificate of Commercial Operation by Go Energy to the Consortium, upon the completion of the System in all respect in accordance with the EPCC Contract and be able to operate legally, safely, reliably and efficiently and all the performance tests have been satisfactorily performed and passed. (vi) The Consortium is required to furnish the following performance securities in favour of Go Energy as security for compliance by the Consortium with any and all of their obligations and liabilities under the Project: (a) Performance Bond of RM4.5 million from the date of EPCC Contract until the date of commercial operation; (b) Defect Notification Period Bond of RM3.0 million for the period of 24 months from the date of commercial operation until the expiry of the defect notification period; and (c) Defect Notification Period Bond to be replaced with Post-Commercial Operation Date Performance Guarantee Bond of RM1.5 million and shall be valid until the issuance of the Certificate of Final Completion by Go Energy to the Consortium. 5. FINANCIAL EFFECT The Project is expected to contribute positively to the earnings and net assets of Solarvest and its group of companies (“Solarvest Group”) for the financial year ending 31 March 2021. 6. RISK FACTORS The Company does not foresee any exceptional risk other than the normal operational risks associated with the Project. Nevertheless, the Company will take the necessary steps to mitigate the risks as and when they occur. 7. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the Directors and/or major shareholders of Solarvest or persons connected with them have any interest, whether direct or indirect, in the Project. 8. STATEMENT BY DIRECTORS The Board of Directors of the Company is of the opinion that the Project is in the ordinary course of business of Solarvest Group and is in the best interest of the Solarvest. This announcement is dated 1 July 2020.