Core Viewpoint - JBB Builders has been selected as a shortlisted bidder for a large-scale solar photovoltaic power plant project in Malaysia, which is expected to enhance the company's competitiveness and attract international investors [1][2] Group 1: Project Details - JBB Builders (M) Sdn. Bhd. and its joint venture partner, a subsidiary of Samaiden Group Berhad, have been notified by the Malaysian Energy Commission about their selection for a project to develop a 99.99MWac solar power plant in Johor, Malaysia [1] - The expected commercial operation date for the solar power plant is on or before February 29, 2028 [1] - A 21-year solar power purchase agreement will be established with Tenaga Nasional Berhad to supply electricity generated by the plant [1] Group 2: Financial and Structural Aspects - JBB Builders (M) Sdn. Bhd. is expected to inject a total capital of no more than 65 million Malaysian Ringgit into the joint venture for the project [1] - The capital contributions of the parties involved will be proportional to their equity stakes in the joint venture [1] Group 3: Strategic Implications - The establishment of the joint venture is crucial for integrating resources and expertise to expand solar power generation capacity and enhance capital efficiency [2] - Participation in this renewable energy project is expected to enrich and strengthen the company's investment portfolio, attracting international investors and partners committed to sustainability [2] - This initiative will also enhance the company's corporate social responsibility and reputation, aligning with Malaysia's commitment to reducing carbon emissions and appealing to environmentally conscious stakeholders and customers [2]