logo
Samaiden secures RM45m EPCC contract for LSS5 solar project in Kedah

Samaiden secures RM45m EPCC contract for LSS5 solar project in Kedah

SAMAIDEN Group Bhd, via its wholly owned unit Samaiden Sdn Bhd, has clinched a RM45 million engineering, procurement, construction, and commissioning (EPCC) contract from PAXS Renewable Sdn Bhd for a 9.99MWac large-scale solar power plant in Kedah.
In a Bursa Malaysia filing today, Samaiden said the project — approved under the Large Scale Solar 5 (LSS5) programme by the Energy Commission in December 2024 — officially commenced on Monday and is expected to achieve commercial operation by July 12, 2027.
Group MD Datuk Chow Pui Hee said the win reaffirms Samaiden's standing as a trusted solar EPCC partner and highlights its ongoing support for Malaysia's renewable energy agenda.
The group also reiterated its strategic focus on expanding its renewable energy portfolio and securing more clean energy opportunities across the country and the region. — TMR
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Electric vehicle for Melalap fire-fighting
Electric vehicle for Melalap fire-fighting

Daily Express

time2 hours ago

  • Daily Express

Electric vehicle for Melalap fire-fighting

Published on: Monday, August 18, 2025 Published on: Mon, Aug 18, 2025 By: Marutin Ansiung Text Size: Jamawi (left) in front of the electric fire-fighting vehicle. Tenom: A mini electric fire-fighting vehicle is set to boost emergency response capacity in the Melalap State constituency once it is stationed specifically for the area. The vehicle, estimated to cost RM45,000, is a contribution from Sabah Economic Development Corporation (Sedco) Chairman, Datuk Jamawi Jaffar. Jamawi said the electric vehicle, which operates with zero carbon emissions, is not only environmentally friendly but also equipped with basic fire-fighting tools and an emergency alert system, making it suitable for use in village and rural areas. 'The mini fire engine unit is being prepared for the Melalap Volunteer Firefighting Team, which is currently awaiting approval from the top management of the Malaysian Fire and Rescue Department (JBPM). 'Future members of the volunteer team will be trained by JBPM on how to operate the vehicle and carry out rescue efforts,' he said. The mini fire engine is expected to improve response time for volunteer or community fire teams in dealing with house fires, minor forest fires, and other emergencies in areas that are hard to access by main fire stations. The initiative also highlights the importance of rural community safety, in line with green development efforts and grassroots welfare. Jamawi, who is also Melalap Parti Gagasan Rakyat Sabah (Gagasan Rakyat) Division Chief, said the mini fire engine has been tested by JBPM Tenom and is equipped with appropriate safety features.

NSCMH to raise RM45mil for new hospital block
NSCMH to raise RM45mil for new hospital block

New Straits Times

timea day ago

  • New Straits Times

NSCMH to raise RM45mil for new hospital block

SEREMBAN: NSCMH Holdings Sdn Bhd has launched a private placement to part-finance Phase 2 of CMH Specialist Hospital's redevelopment, which includes a new medical block. The exercise targets RM45 million via the issuance of 18 million new shares, covering 30% of the project's RM120 million construction cost. The remaining RM80 million will be financed through bank borrowings, personally guaranteed by Negri Sembilan Chinese Maternity Association (NSCMA) president Datuk Seri Lee Tian Hock, with corporate guarantees from the NSCMA and NSCMH Holdings. Lee became the first subscriber with an RM25 million investment for 10 million shares. The Seremban Wah Chai Association and Negeri Sembilan Persatuan Hainan pledged their support with investments of RM1 million and RM250,000, respectively. The private placement is now open at RM2.50 per share, with a minimum subscription of 100,000 shares. The subscription period runs until Sept 6. Eligible subscribers include members of the NSCMA, employees, and group members of the Association, as well as attending doctors of CMH Specialist Hospital and CMH Dialysis Care. Upon completion of the exercise, the NSCMA will retain a controlling stake of 69 per cent in the company. Lee had conducted the briefing, outlining the mechanics of the placement and the hospital's long-term development blueprint and answering questions from attendees. He assured that should the subscription be oversubscribed, he would reduce his portion to accommodate others. However, if undersubscribed, he would take up the balance to ensure the success of the exercise. "This is not only a fundraising initiative but also a commitment to social responsibility. "By leading with my own investment, I hope to inspire confidence and drive collective participation towards the success of this private placement," he said. The company started the first phase of the project in March this year, which is expected to be completed by the end of October. Lee said the two phases will ensure that the hospital can handle the increasing traffic volume and meet the growing medical needs of patients. "These two phases symbolise our transformation from a traditional 'survival mode' into an 'upgrading and development mode', shifting from preservation to expansion," he added. Lee described the initiative as more than a fundraising effort, calling it "a once-in-a-century opportunity" for every stakeholder of the hospital to play a part in its next century of growth.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store