OTHERS KINERGY ADVANCEMENT BERHAD [REGISTRATION NO. 199701005009 (420505-H)] ("KINERGY" OR THE "GROUP") VIRTUAL POWER PURCHASE AGREEMENT ENTERED INTO BETWEEN KAB ENERGY HOLDINGS SDN. BHD. ("KABEH"), A WHOLLY OWNED SUBSIDIARY OF THE GROUP AND SAFRAN LANDING SYSTEMS MALAYSIA SDN. BHD. ("SAFRAN") IN RELATION TO THE VIRTUAL SALE AND PURCHASE OF RENEWABLE ENERGY TO BE GENERATED BY HYDRO POWER PLANT(S) TO BE BUILT, OWNED, OPERATED AND MAINTAINED BY KABEH'S AFFILIATE(S) IN MALAYSIA
| KINERGY ADVANCEMENT BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | KINERGY ADVANCEMENT BERHAD
[REGISTRATION NO. 199701005009 (420505-H)] ("KINERGY" OR THE "GROUP")
VIRTUAL POWER PURCHASE AGREEMENT ENTERED INTO BETWEEN KAB ENERGY HOLDINGS SDN. BHD. ("KABEH"), A WHOLLY OWNED SUBSIDIARY OF THE GROUP AND SAFRAN LANDING SYSTEMS MALAYSIA SDN. BHD. ("SAFRAN") IN RELATION TO THE VIRTUAL SALE AND PURCHASE OF RENEWABLE ENERGY TO BE GENERATED BY HYDRO POWER PLANT(S) TO BE BUILT, OWNED, OPERATED AND MAINTAINED BY KABEH'S AFFILIATE(S) IN MALAYSIA |
The Board of Directors of KINERGY wishes to announce that KAB Energy Holdings Sdn. Bhd. ("KABEH"), a wholly owned subsidiary of the Group, has entered into a Virtual Power Purchase Agreement ("VPPA") with Safran Landing Systems Malaysia Sdn. Bhd. ("SAFRAN"), for the purpose of effectively neutralising the electricity consumption by SAFRAN's plant through the procurement of a virtual supply of hydropower.
Please refer to the attachment for further details of announcement.
This announcement is dated 9 February 2026.
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Please refer attachment below.
Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KINERGY |
| Date Announced | 09 Feb 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04022026-00022 |