Latest news with #FSSB
The Star
28-05-2025
- Business
- The Star
AmBank approves RM70mil financing for Sunview
AmBank Group SVP, commercial banking 1, business banking Edmund Tay (seated, left) and Sunview group executive director and group chief operating officer Chow Kian Hung (seated, right) together with (from left) AmBank Group head of commercial banking 1, business banking Yeow Swee Yun, AmBank Group managing director of business banking Christopher Yap and Sunview group executive director and group chief executive officer HP Ong. PETALING JAYA: AmBank Group, through AmBank Islamic Bhd, has approved banking facilities amounting to RM70mil for Fabulous Sunview Sdn Bhd (FSSB), a wholly owned subsidiary of Sunview Group Bhd . In a statement, the bank said the financing would partly fund the construction of a 29.99MWac ground-mounted photovoltaic solar power plant in Sungai Petani, Kuala Muda, Kedah. The project was awarded by Dayasinar Energy Sdn Bhd under the Corporate Green Power Programme. The project with a contract amounting to RM98.29mil will be executed by FSSB where it includes design, procurement, erection, connection, commissioning and testing as well as supply of equipment for the construction of a ground mounted photovoltaic solar generation facility. 'We are pleased to support FSSB and Sunview Group in this initiative. Looking ahead, we remain committed to strengthening our contribution to Malaysia's renewable energy ecosystem,' AmBank Group managing director, business banking Christopher Yap said.
The Star
28-05-2025
- Business
- The Star
Ambank approves RM70mil financing for Sunview's 29.99MW solar project
AmBank Group SVP, commercial banking 1, business banking Edmund Tay (seated, left) and Sunview group executive director and group chief operating officer Chow Kian Hung (seated, right) together with (from left) AmBank Group head of commercial banking 1, business banking Yeow Swee Yun, AmBank Group managing director of business banking Christopher Yap and Sunview group executive director and group chief executive officer HP Ong. KUALA LUMPUR: AmBank Group, through AmBank Islamic Bhd, has approved banking facilities amounting to RM70mil for Fabulous Sunview Sdn Bhd (FSSB), a wholly owned subsidiary of Sunview Group Bhd . In a statement, the bank said the financing would partly fund the construction of a 29.99MWac ground-mounted photovoltaic solar power plant in Sungai Petani, Kuala Muda, Kedah. The project was awarded by Dayasinar Energy Sdn Bhd under the Corporate Green Power Programme (CGPP). The project with a contract amounting to RM98.29mil will be executed by FSSB where it includes design, procurement, erection, connection, commissioning and testing as well as supply of equipment for the construction of a ground mounted photovoltaic (PV) solar generation facility. "We are pleased to support FSSB and Sunview Group in this initiative. Looking ahead, we remain committed to strengthening our contribution to Malaysia's renewable energy ecosystem by exploring potential financing opportunities in upcoming government programmes,' AmBank Group managing director, business banking Christopher Yap said. Meanwhile, Sunview group executive director and group chief executive officer HP Ong said: 'The financing facilities provided play an important role in supporting the rollout of our solar project under the CGPP scheme. With this support, we are able to continue contributing to Malaysia's energy transition and contribute to a greener and more sustainable future.'
New Straits Times
23-04-2025
- Business
- New Straits Times
MN Holdings secures RM29.7 mil solar project in Kedah
KUALA LUMPUR: MN Holdings Bhd's unit, MN Power Transmission Sdn Bhd (MNPTSB), has secured two contracts worth RM29.7 million from Fabulous Sunview Sdn Bhd (FSSB), a wholly owned subsidiary of Sunview Group Bhd. In a Bursa Malaysia statement today, MN Holdings said MNPTSB has been appointed as the interconnection facilities (IF) contractor for two 29.99 Megawatt alternating current (MWac) solar power plant projects in Sungai Petani, Kedah. "The scope includes the establishment of a new IF and the extension of two 132 kilovolt (kV) bays at the existing main intake substation Aman Jaya. "The contracts will commence upon issuance of the notice to proceed from FSSB, with a targeted completion period of 10 months," it said. MN Holdings executive director Datuk Dang Siong Diang said the projects reinforce the group's strong support for Malaysia's green energy agenda. "By delivering essential interconnection works, we are enabling the integration of large-scale solar energy into the national grid, contributing to a more sustainable and resilient power ecosystem," he said.
