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Sunview Group Berhad is a Malaysia-based investment holding company. The principal activities of the subsidiaries include engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (Solar PV) facilities and other renewable energy facilities, provision of solar PV construction and installation services, associated services and products, solar power generation and supply. The Company's segments include provision of products and services related to renewable energy and power generation. Its solutions include SunVast, SunValue, SunVertax, and SunVenture. Its subsidiaries include Fabulous Sunview Sdn. Bhd., Suntech Energy Sdn. Bhd., Vafe System Sdn. Bhd., and Solarcity Reit Sdn. Bhd.
PETALING JAYA: Malaysia's renewable energy (RE) sector is set to enter another phase of accelerated growth following the launch of the large-scale solar 6 (LSS6) programme.
Sunview Group Bhd's recent proposed disposal of its stake in Winstar Capital Bhd will help crystallise its investment in Winstar and allow capital redeployment into the group's core business of solar engineering, procurement, construction and commissioning (EPCC), says TA Research.
PETALING JAYA: Sunview Group Bhd's indirect wholly-owned subsidiary, Vafe System Sdn Bhd has sold its 22.44% equity interest in Winstar Capital Bhd (WCB) or 70,034,999 ordinary shares for RM30.1mil at 43 sen per share.
SUNVIEW GROUP BERHAD ("SUNVIEW" OR THE "COMPANY")
PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF SUNVIEW (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")