OTHERS EXECUTION OF LAND LEASE AGREEMENT FOR THE DEVELOPMENT OF TWO (2) LARGE-SCALE SOLAR PHOTOVOLTAIC PLANTS ("LSS5+ PROJECTS") BETWEEN TDM-YT PLANTATION SDN BHD AND JAKS CPECC SOLAR ONE SDN BHD AND JAKS CPECC SOLAR TWO SDN BHD
| TDM BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | EXECUTION OF LAND LEASE AGREEMENT FOR THE DEVELOPMENT OF TWO (2) LARGE-SCALE SOLAR PHOTOVOLTAIC PLANTS ("LSS5+ PROJECTS") BETWEEN TDM-YT PLANTATION SDN BHD AND JAKS CPECC SOLAR ONE SDN BHD AND JAKS CPECC SOLAR TWO SDN BHD |
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Reference is made to TDM’s announcements dated 26 July 2024 and 27 February 2025 (“Announcements”). All defined terms and references used herein shall have the same meanings ascribed in the Announcements, unless stated otherwise.
The Board of Directors (“Board”) of TDM Berhad (“TDM” or “the Company”) wishes to announce that its subsidiary, TDM-YT Plantation Sdn Bhd (Company No. 200701016574 (774583-D)) (“TDMYT” or “Lessor”), had on 28 November 2025 executed a Land Lease Agreement (“Agreement”) with JAKS CPECC Solar One Sdn Bhd (Company No. 202501046194 (1647602-V)) (“JCSO”) and JAKS CPECC Solar Two Sdn Bhd (Company No. 202501046201 (1647609-X)) (“JCST”) (collectively, the “Lessee”) for the development of two (2) Large-Scale Solar Photovoltaic Plants (“Transaction”), for a lease term of twenty-three (23) years and six (6) months, commencing from the Effective Date, in accordance with the terms of the Agreement.
The details of the announcement are set out in the attachment below.
This announcement is dated 28 November 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | TDM BERHAD |
| Stock Name | TDM |
| Date Announced | 28 Nov 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-27112025-00096 |