Posted by Stockhunter88 > 2020-04-23 09:49 | Report Abuse

Still up up up... Onboard the boat before too late

Posted by Eplas0013 > 2020-04-23 11:55 | Report Abuse

tp 1.00 gogogo

Posted by Primeinvestor > 2020-04-23 11:57 | Report Abuse

a lot of demand for solar post MCO, come on

Posted by LKF673007 > 2020-04-23 13:10 | Report Abuse

OTHERS SOLARVEST HOLDINGS BERHAD - ENGINEERING, PROCUREMENT, CONSTRUCTION, INSTALLATION, TESTING AND COMMISSIONING AGREEMENT BETWEEN NE SURIA SATU SDN. BHD. AND SOLARVEST ENERGY SDN. BHD.
SOLARVEST HOLDINGS BERHAD

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.



Announcement Info
Company Name SOLARVEST HOLDINGS BERHAD
Stock Name SLVEST
Date Announced 23 Apr 2020
Category General Announcement for PLC
Reference Number GA1-22042020-00097

Posted by AbangSatay > 2020-04-23 13:41 | Report Abuse

WOW....

Posted by AbangSatay > 2020-04-23 13:42 | Report Abuse

next tp 1.20?

Posted by Primeinvestor > 2020-04-23 13:49 | Report Abuse

flying without wings soon

Posted by Stockhunter88 > 2020-04-23 13:53 | Report Abuse

Said ya, sure got insider buying happened yesterday. Price shoot within an hour from 4-5pm before market close

Posted by evan > 2020-04-23 14:02 | Report Abuse

Forbid of Direct Business Transaction (DBT) Due to Rule 10.10(3)
Please be informed that the following stock will be forbidden from DBT until 3.30 p.m. , as per Bursa Trading Rule 10.10(3) due to material announcement:

No. Stock Code Stock Name

1 0215 SLVEST



The stock will only be authorized for DBT at 3.30 p.m.
Dealers and remisiers are reminded that the reference price for DBT upon authorization shall be:
1. VWAP from 2.30 p.m. to 3.30 p.m.(traded stock)
2. Reference price (un-traded stock)

Posted by evan > 2020-04-23 14:02 | Report Abuse

What does this mean? Anyone care to enlighten me about this?

Posted by evan > 2020-04-23 14:25 | Report Abuse

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.

Posted by evan > 2020-04-23 14:25 | Report Abuse

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).

Posted by noobietrader69 > 2020-04-23 15:04 | Report Abuse

Con9lan7firm today got people trapped

Posted by evan > 2020-04-23 15:08 | Report Abuse

XD True

Posted by evan > 2020-04-23 15:08 | Report Abuse

Why no fly eh @noobietrader

Posted by Stockhunter88 > 2020-04-23 15:09 | Report Abuse

We shall know after 330.

Posted by noobietrader69 > 2020-04-23 15:17 | Report Abuse

Already flew yesterday 11%, we should not be greedy, be blessed with the 11% increase we enjoyed yesterday.
When news released, it's just a sign for the sharks to sell.

Posted by noobietrader69 > 2020-04-23 15:17 | Report Abuse

Stockhunter88 sidebet, tomorrow will be red.

Posted by air01557 > 2020-04-23 15:44 | Report Abuse

SOLID FUNDAMENTALS PLUS NEW CONTRACT WILL PUSH IT HIGHER. BUY ON WEAKNESS.

Posted by noobietrader69 > 2020-04-23 15:56 | Report Abuse

^ trap

Posted by allanHuat > 2020-04-23 16:33 | Report Abuse

BTST tp 1

Posted by harry_7 > 2020-04-23 17:04 | Report Abuse

all trap ?

Posted by limitupupup > 2020-04-23 17:19 | Report Abuse

HAHA sifu call buy, buy more and let them win :)

Posted by SmallBang > 2020-04-24 01:28 | Report Abuse

Hardest lesson- sell on news

Posted by air01557 > 2020-04-24 11:53 | Report Abuse

Stock Bullish Ratings: 80 %, SLVEST (0215)

SLVEST last close (23 Apr 2020) was RM 0.955, -0.010 ( -1.03%).

This market condition is considered to be bullish.

SLVEST Pentagon Guider is blue trendzone, Bullish. Look for Trading Plan Menu to plan entr

Posted by rason8888 > 2020-04-24 12:09 | Report Abuse

Solar power go go go.......

Posted by KLCI King > 2020-04-24 13:39 | Report Abuse

PE50 is ridiculous, later blood will be everywhere here.

Posted by 鼠不尽的福报} {} {. 钱赚筹码～ 筹码换钱 > 2020-04-24 14:05 | Report Abuse

RM1. 00

















Soon

















Mari Mari home

Posted by 鼠不尽的福报} {} {. 钱赚筹码～ 筹码换钱 > 2020-04-24 16:55 | Report Abuse

Cut loss.. Lose RM130k


No more energy

Posted by noobietrader69 > 2020-04-24 20:23 | Report Abuse

how u lose 130k

Posted by rason8888 > 2020-04-24 20:40 | Report Abuse

Next week will rebound, be patient....

Posted by air01557 > 2020-04-26 13:38 | Report Abuse

Profit taking activities and weak market sentiment dragged prices lower on Friday on low volume. Having flushed out the weak holders it will resume the uptrend from Monday onwards to retest the psycological 1.00 resistance.

Posted by air01557 > 2020-04-27 11:13 | Report Abuse

All regional markets are up. This counter has rested for 2 days and is ready to continue the uptrend. Once profit taking over it should resume the uptrend and break the 1.00 barrier soon.

Posted by SmallBang > 2020-04-27 16:14 | Report Abuse

RUN AS FAST AS YOU CAN

Posted by Bursa1575 > 2020-04-28 09:48 | Report Abuse

It's all about the game and how you play it.
All about control and if you can take it.
All about your debt and if you can pay it.
It's all about pain and who's gonna make it.
I am the game, you don't want to play me.
I am control, no way you can change me.
I am heavy debt, no way you can pay me.
I am the pain and I know you can't take me.
Look over your shoulder, ready to run.
Like a good little bitch, from a smokin gun.
I am the game and I make the rules.
So move on out here and die like a fool.
Try to figure out what my move's gonna be.
Come on over sucker, why don't you ask me?
Don't you forget that the price you can pay
Cause I am the game and I want to play

Posted by Eplas0013 > 2020-04-28 13:22 | Report Abuse

some ppl see risk , some ppl see opportunity

Posted by clouud1234 > 2020-04-29 11:04 | Report Abuse

Slvest will potentially breakout today

Posted by Eplas0013 > 2020-04-29 11:15 | Report Abuse

the game is start

Posted by clouud1234 > 2020-04-29 11:45 | Report Abuse

Breakout price 0.955

Posted by clouud1234 > 2020-04-29 11:45 | Report Abuse

Buy on breakout

Posted by rason8888 > 2020-04-29 12:11 | Report Abuse

lets guess the TP today.....1.0??

Posted by clouud1234 > 2020-04-29 13:22 | Report Abuse

Around that area

Posted by Huchiewneng > 2020-04-29 14:10 | Report Abuse

Stuck around 98 price.. don't want up

Posted by clouud1234 > 2020-04-29 15:51 | Report Abuse

SLVEST控股（SLVEST,0215,创业板工业产品服务组）获得2920万令吉的太阳能发电系统合约。

SLVEST发文告说，独资子公司Solarvest能源已与NE Suria Satu公司签署包括采购、建筑、安装、测试和调试工程的合约，将为为一家霸市集团的15家分店装置太阳能光伏（PV）发电系统。

SLVEST控股预计该项目将为截至2021年3月31日财政年的净利和资产做出积极贡献。

Posted by Stocks888 > 2020-04-30 10:33 | Report Abuse

Don’t Miss The Boat.

Posted by Stockhunter88 > 2020-04-30 10:37 | Report Abuse

What kind of boat for this round

Posted by Stocks888 > 2020-04-30 11:03 | Report Abuse

Steamboat haha

Posted by Eplas0013 > 2020-04-30 12:14 | Report Abuse

steady up

Posted by Stocks888 > 2020-04-30 14:28 | Report Abuse

Are u ready ?

Posted by ChartTrader > 2020-05-03 21:14 | Report Abuse

SLVEST (0215)

Uptrend Channel, rejected at $1.03 with volume on 23/04 which acts as Strong Resistance now. It consolidated with low volume and lately the volume started to pick up, RSI is curving up. I expect Slvest to re test its resistance at $1.03 if it can close above $0.97. It has the target of $1.08/$1.10 if $1.03 is broken with volumes.
Collect on any weakness with immediate support at $0.93/0.91 and I will stop loss if $0.885 is violated.
I collected at $0.945 last week end.Will collect more near 0.93/0.91.

Good Lucks.