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Bursa KLSE stocksMarket Updates

Solarvest Holdings Secures Major LSS5 Solar EPCC Contracts, Propelling Order Book to MYR1.7 Billion – Maybank IBG Research Update 1

Posted on December 17, 2025 at 1:18 pm (GMT+8)

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Broker Name: Maybank Investment Bank Berhad
Date of Report: December 15, 2025

Excerpt from Maybank Investment Bank Berhad report.

Report Summary

  • Solarvest Holdings, in partnership with Binastra Corp, secured MYR171.7m in solar EPCC contracts for three LSS5 projects, boosting its effective order book to MYR1.7b and reinforcing its market leadership in Malaysia’s solar sector.
  • The company is expected to win more projects by end-FY26E, potentially growing its order book to MYR2.5-3b, supported by strategic collaborations and Malaysia’s renewable energy transition goals. Maybank maintains a BUY rating with a target price of MYR3.67.

Above is an excerpt from a report by Maybank Investment Bank Berhad. Clients of Maybank Investment Bank Berhad can be the first to access the full report from the Maybank Investment Bank Berhad website: https://www.maybank.com/investment-banking

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