Core Points - JBB Builders (M) Sdn. Bhd. has been selected as a shortlisted bidder for a large-scale solar photovoltaic power plant project in Johor, Malaysia, with a capacity of 99.99MWac, expected to commence commercial operations by February 29, 2028 [1] - The joint venture will sign a 21-year power purchase agreement with Tenaga Nasional Berhad to supply solar power generated by the plant [1] - The total capital injection from JBB Builders (M) Sdn. Bhd. into the joint venture is expected to not exceed 65 million Malaysian Ringgit, with contributions proportional to equity [1] Group 1 - The establishment of the joint venture will integrate resources and expertise from JBB Builders (M) Sdn. Bhd. and its partner, playing a key role in expanding solar power generation capacity and enhancing capital efficiency [2] - This collaboration is expected to enhance the overall competitiveness of the group and enrich its investment portfolio, attracting international investors and partners committed to sustainable development [2] - The initiative will also improve the company's corporate social responsibility and reputation, aligning with Malaysia's commitment to reduce carbon emissions and appealing to environmentally conscious stakeholders and customers [2]