$SUNVIEW (0262.MY)$ [Share Link: MYX_DLY: SUNVIEW Chart Imag...

Sunview Group (SUNVIEW, 0262, GEM) is expected to benefit from growing demand for rooftop solar energy, driven by the Enterprise Green Power Program (CGPP) engineering, procurement, construction and outsourcing (EPCC) project and the upcoming 5th largest solar project (LSS5).

Sunview Group recently announced that it has received two solar contracts with a total value of RM0.1 billion 96.1 million. We are optimistic about the prospects of solar energy EPCC participants, which will be supported by favorable policies such as the National Energy Transition Blueprint (NETR) and the 2025 budget to allocate more than RM0.3 billion for the country's energy transition to promote green energy projects.

The company is expected to seize the solar energy business opportunity and increase the total amount of new orders, which is expected to support profit performance in 2025 and 2026. The company is competing for projects with a total value of RM2.4 billion, including the RM0.5 billion CGPP project.