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On behalf of the Board of Directors of Sunview, Hong Leong Investment Bank Berhad wishes to announce that on 29 December 2025, SAM 2 has entered into a conditional sale and purchase agreement with PKNP Reneuco for the Proposed Acquisition.
Solar farm is more urgent as it was placed under receivership by Bank Rakyat, whereas the hydro asset is less time-sensitive, as it has not been placed under a tender exercise yet, although its disposal is still needed to raise cash. The hydro asset should be worth significantly more than the solar asset.
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