TDM

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+0.005 (+2.4%)

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

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.




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