ANNOUNCEMENT DETAILS

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ANNOUNCEMENT DATE
:
19-Dec-2022
CATEGORY
:
GREEN FINANCING
SUB-CATEGORY
:
GREEN FINANCING
TITLE
:
Solar Management (Seremban) Sdn Bhd ("SMS" or "the Issuer'') - Revision Of Terms
ISSUER NAME
:
SOLAR MANAGEMENT (SEREMBAN) SDN. BHD.
DESCRIPTION
:
CONTENT
:
Solar Management (Seremban) Sdn Bhd (''SMS'' or ''Issuer'')
Islamic medium term notes (''IMTN'') issuance of up to RM260.0 million in nominal value based on the Shariah principle of Murabahah (via Tawaruq Arrangement) ("Asean Green SRI Sukuk")

========================================================================================================================

Issuer have requested for the IMTN Sukuk Holders' consent on the following revision in the principal terms and
conditions of the IMTN Programme:-

To terminate the existing O&M Contract with Mattan Engineering Sdn Bhd (as defined in the Trust Deed) and thereafter, to enter into a new operation and maintenance contract (the ''New O&M Contract'') with Eco Solar Solutions Sdn. Bhd.(the ''New Provider'') (the ''Proposal'').

Kindly take note and thanks.

*** DISCLAIMER ***
THIS COMPUTER SYSTEMS AND APPLICATIONS ARE OWNED AND OPERATED BY BURSA MALAYSIA.
ATTACHMENT
:
SOURCE
:
BURSA