The Board of Directors of Pekat (“Board”) wishes to announce that its wholly-owned subsidiary, Pekat Solar Sdn Bhd (“PSSB”), had on 21 December 2021 accepted the letter of award (“LOA”) by Finesse Moulding (M) Sdn Bhd (“Finesse Moulding”) in relation to design, supply, install, testing and commissioning of 1,053 kWp Grid Connected Photovoltaic System using Net Energy Metering (NEM 3.0) at premises known as Lot 9, 11, 12 and 13, Jalan RP 3, Rawang Industrial Estate, Taman Rawang Perdana, 48000 Rawang, Selangor Darul Ehsan (“Project”) for the contract sum of RM3.1 million.

Further details of the above are set out in the attachment.

This announcement is dated 21 December 2021.