JBB Builders Forms Joint Venture for 99.99MW Solar Plant in Malaysia

Reuters

2025/11/18

JBB Builders Forms Joint Venture for 99.99MW Solar Plant in Malaysia

JBB Builders International Ltd. has announced the formation of a joint venture with a wholly-owned subsidiary of Samaiden Group Berhad. The new joint venture company, Legasi Suria Selatan Sdn. Bhd., will be responsible for developing, designing, constructing, owning, operating, and maintaining a large-scale solar photovoltaic plant with a capacity of approximately 99.99MWac in Segamat, Johor, Malaysia. JBB Builders $(M)$ Sdn. Bhd., a wholly-owned subsidiary of JBB Builders International Ltd., will hold a 30% stake in the joint venture, while the JV partner will hold the remaining 70%. The total capital injection by JBB Builders (M) Sdn. Bhd. is expected to be not more than RM65 million. This collaboration follows the consortium's selection as a shortlisted bidder by the Energy Commission of Malaysia for the project.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JBB Builders International Ltd. published the original content used to generate this news brief on November 18, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JBB Builders International Ltd. published the original content used to generate this news brief on November 18, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1148","symbol_name":"建築與工程","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251118:nNDLbv0SKh:1","article_id":"2584808029","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584808029","pubTimestamp":1763456798,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"JBB Builders International Ltd. has announced the formation of a joint venture with a wholly-owned subsidiary of Samaiden Group Berhad. 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