KUALA LUMPUR: Ann Joo Resources Bhd's indirect wholly owned subsidiary, IAC Infrastructure Sdn Bhd, has entered into a subcontract agreement worth RM61.89 million.
The agreement relates to the development of an approximately 100-megawatt alternating current large-scale solar photovoltaic plant in the northern region.
In a Bursa Malaysia filing, the company said IACI had, on Oct 2, 2026, executed an agreement with an engineering, procurement, construction and commissioning (EPCC) contractor as a subcontractor to undertake turnkey design and build, testing and commissioning of interconnection facilities and transmission line works for the project.
"The electricity generated by the project is intended to be delivered to the national grid via Tenaga Nasional Bhd's electricity transmission system.
