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Coastal Contracts wins large-scale solar PV plant project in Sabah

The Star LogoThe Star3h ago

Coastal Contracts wins large-scale solar PV plant project in Sabah - The Star

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PETALING JAYA: Coastal Contracts Bhd’s wholly-owned subsidiaries, Coastal Solar Sdn Bhd (CSSB) and Pleasant Engineering Sdn Bhd, as well as Bina HT Sdn Bhd (BHSB), have received a letter of notification on acceptance of offer (LON) from the Energy Commission Sabah for the development of a 15.00 megawatt alternating current, large-scale solar photovoltaic plant in Sabah.

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Coastal Contracts said the project will not have any material effect on its earnings per share, net assets per share, gearing and share capital in respect of the financial year ending Dec 31, 2024.“However, the project is expected to contribute positively towards Coastal Contract’s future earnings per share and net assets per share from the financial year ending Dec 31, 2027 towards throughout the duration of the project.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 19:44:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 201 words

Reading Time: 2 minutes read

Sentences: 4 lines

Sentence Length: 51 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24595893

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About The Star

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 46 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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