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The Group has made significant progress in expanding its asset ownership portfolio to approximately 120
MW through the development of a 50 MWac solar power plant under the LSS4 solar project, development of
small hydro power plants with a combined capacity of 40.4 MW in Gua Musang, Kelantan, and the 29.1 MW
small hydro plants in Kota Marudu, Sabah
The company slipped into PN17, indicating a very big issue regardless of the causes. The acquisition of ASSB last December added over 250 million in debt. Once a company slips into PN17, it must strategically plan its operations and funding accordingly. Not easy at all.
