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PETALING JAYA: Pekat Group Bhd
’s indirect wholly owned unit Pekat Solar Sdn Bhd has revised upwards the value of its engineering, procurement and construction contract for a large-scale solar project in Kulai, Johor to around RM186.54mil from RM85.68mil previously.
In a filing with Bursa Malaysia yesterday, Pekat Group said the revision follows supplemental agreements signed with the main contractor on May 29, 2026.
The agreements expanded the capacity of the large-scale solar photovoltaic (PV) energy generating facility to 135 megawatt AC (MWac) from 63 MWac under the contract announced on Oct 2, 2025, said the solar PV supplier.
Its profit after tax and minority interests rose 3.1% to RM12.43mil in the first quarter ended March 31, 2026, from RM12.06mil a year earlier, supported by higher revenue contribution across the group’s core business segments. — Agencies
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