Circular/Notice to Shareholders
| SUNVIEW GROUP BERHAD |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED ACQUISITION OF 50 MEGAWATT LARGE-SCALE SOLAR PHOTOVOLTAIC POWER GENERATION PLANT FROM PKNP RENEUCO SURIA SDN BHD (IN RECEIVERSHIP), A 95%-OWNED SUBSIDIARY OF RENEUCO BERHAD, BY SAM 2 SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF SUNVIEW, FOR A TOTAL CASH CONSIDERATION OF RM70.0 MILLION; (II) PROPOSED ACQUISITION OF 10,000,000 ORDINARY SHARES IN JAKS SOLAR NIBONG TEBAL SDN BHD ("JSNT"), REPRESENTING THE ENTIRE EQUITY INTEREST IN JSNT, BY SUNVIEW ASSET MANAGEMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNVIEW, FROM JAKS SOLAR POWER SDN BHD FOR A CASH CONSIDERATION OF RM15.0 MILLION AND THE SETTLEMENT OF AMOUNT OWING BY JSNT OF UP TO RM40.0 MILLION; AND (III) PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF SUNVIEW AND ITS SUBSIDIARIES TO INCLUDE SOLAR POWER GENERATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
Please refer attachment below.
Announcement Info
| Company Name | SUNVIEW GROUP BERHAD |
| Stock Name | SUNVIEW |
| Date Announced | 11 Mar 2026 |
| Category | Document Submission |
| Reference Number | DCS-11032026-00016 |