Dear CGS-CIMB iTrade customers,
 

We are pleased to announce that there will be an Initial Public Offering (“IPO”) presentation by Solarvest Holdings Berhad (“Solarvest”) organised by CGS-CIMB Securities Sdn. Bhd.

Brief background of Solarvest

·     Solarvest provides turnkey engineering, procurement, construction and commissioning ("EPCC”) services for solar photovoltaic ("Solar PV”) systems.

·      Established track record, having completed solar PV systems for Large Scale Solar Photovoltaic ("LSSPV”) plants as well as residential, commercial and industrial properties.

·     The Group also provide operations and maintenance services of solar PV systems. In addition to that, they own a 1MWp solar PV plant located at Kedah.

·       FYE March 2018 revenue of RM45.1 million with PAT of RM8.2 million, translating into PAT margin of ~18%

·    The Company was founded in 2012, when the Feed in Tariff (FiT) mechanism was launched in Malaysia.

·       Raising fund via IPO for expansion purposes.

·       Solarvest Holdings Berhad is enroute to list on the Ace market by end of October this year.

·    Solarvest is 45% owned by Main Market listed, Chin Hin Group Berhad ("Chin Hin”). Post-IPO, Chin Hin's shareholding will be approx. 33%.

Event Details

Please click here to reserve your seat now. Registration is on a first-come-first-serve basis.

Yours sincerely,
 

CGS-CIMB Securities Sdn. Bhd. (48703-W)

(Formerly known as Jupiter Securities Sdn. Bhd.)

(A Participating Organisation of Bursa Malaysia Securities Berhad)