From left to right: (Back) Yeow Swee Yun (丘瑞元), Head of Commercial Banking 1, Business Banking, AmBank Group, Christopher Yap (叶威文), Managing Director of Business Banking, AmBank Group, HP Ong (王罕斌), Group Executive Director and Group Chief Executive Officer, Sunview Group. (Front) Edmund Tay (郑金裕), SVP, Commercial Banking 1, Business Banking, AmBank Group, Chow Kian Hung (周建洪), Group Executive Director and Group Chief Operating Officer, Sunview Group.
AmBank (M) Berhad (“AmBank”) has approved banking facilities to Fabulous Sunview Sdn Bhd (“FSSB”), a wholly owned subsidiary of Sunview Group Berhad (“Sunview Group”) amounting to RM70 million to part finance the construction of a 29.99MWac ground-mounted photovoltaic solar powerplant located in Sungai Petani, Kuala Muda, Kedah awarded by Dayasinar Energy Sdn Bhd (the “Project”) under the Corporate Green Power Programme (CGPP), an initiative launched by the Energy Commission of Malaysia to accelerate corporate participation in renewable energy.
The Project with a contract amounting to RM98,287,700.00 will be executed by FSSB where it includes design, procurement, erection, connection, commissioning and testing as well as supply of equipment for the construction of a ground mounted photovoltaic (“PV”) solar generation facility. Sunview Group has established itself as one of the leading providers of end-to-end engineering, procurement, construction, and commissioning (“EPCC”)services for solar PV systems in Malaysia, offering solar construction, installation, power generation, and associated products.
Christopher Yap, Managing Director, Business Banking, AmBank Group said, "We are pleased to support FSSB and Sunview Group in this initiative. Looking ahead, we remain committed to strengthening our contribution to Malaysia’s renewable energy ecosystem by exploring potential financing opportunities in upcoming government programmes.”
Sunview Group Berhad Group Executive Director & Group Chief Executive Officer HP Ong said, “We would like to extend our appreciation to AmBank for placing their trust in Sunview. The financing facilities provided play an important role in supporting the rollout of our solar project under the CGPP scheme. With this support, we are able to continue contributing to Malaysia’s energy transition and contribute to a greener and more sustainable future.”
About AmBank Group
AmBank Group is a leading financial services group with over 40 years of expertise in supporting the economic development of Malaysia. We have over three million customers and employ over 8,000 people.
The Group was listed on the Main Market of Bursa Malaysia in 1988. It is the sixth-largest banking group by assets in Malaysia, with a market capitalisation of more than RM13 billion as at 31 March 2024.
AmBank Group serves over three million individual and corporate customers. It provides services in wholesale banking, retail banking, business banking, investment banking and related financial services which include Islamic banking, underwriting of general insurance, life insurance, family takaful, stock and share broking, futures broking, investment advisory and asset management services in unit trusts and real estate investment trusts.
For more information, please visit www.ambankgroup.com
For further information, please contact Ridzuan Zulkifli, Senior Vice President, Group Corporate Communications and Marketing, AmBank Group at ridzuan.zulkifli@ambankgroup.com and the Media Relations team at media.relations@ambankgroup.com
About Sunview Group Berhad (“Sunview” or the "Group")
Sunview stands as an investment holding company with a strategic focus on sustainable ecosystems through its subsidiaries. As Sunview endeavours to ascend as the leading RE provider, it is dedicated to further diversify to various clean energy power other than solar. This complements its role in the vertical integration of the solar energy supply chain. The committed workforce at Sunview is geared towards delivering comprehensive solutions in RE, spanning the entire supply chain, from upstream as an aluminium solar mounting manufacturer to midstream activities like EPCC of solar infrastructure, and downstream responsibilities as solar asset owners. Through its 360° sustainability solutions, Sunview is committed to making sustainable energy accessible to all, supporting customers on their environmentally conscious journey.
Sunview is duly registered under the Sustainable Energy Development Authority Malaysia as a solar service provider and solar PV investor. Furthermore, it holds certification as a contractor of Tenaga Nasional Berhad, an electrical contractor, and an energy service company under Suruhanjaya Tenaga. Additionally, it is recognized as aG7 contractor by the Construction Industry Development Board.
For further information in regards to Sunview, please contact:
Jason Chiew
Tel: +6017 - 980 4293
jason@imejjiwa.com
Vince Teoh
Tel: +6016 - 441 9532
vince@imejjiwa.com
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