LATEST NEWS   MOHE to hold meeting with MQA next week to examine issues related to pathways to public higher education institutions - Fahmi | Prime Minister calls for action against foreigners misusing social visit passes - Fahmi | Enforcement action requires comprehensive mobilisation of national machinery - PM Anwar | Every enforcement action must be implemented effectively at all levels, including local authorities - PM Anwar | Westports posts RM998.31 million net profit in FY2025 versus RM897.98 million in FY2024 | 
BUSINESS • 15/10/2025 11:48 AM

Solarvest Shares Climb On Jv With Brookfield

KUALA LUMPUR, Oct 15 (Bernama) -- Solarvest Holdings Bhd was among the most active counters on Bursa Malaysia in early trade today after announcing a joint investment partnership with global asset manager Brookfield.

At 10.12 am, Solarvest rose three sen to RM3.14 on 515,000 shares traded.

In a note, Maybank Investment Bank Bhd said the newly formalised partnership “combines the best of both worlds,” leveraging Solarvest’s expertise in local renewable energy (RE) projects and Brookfield’s extensive global corporate network.

“With Brookfield’s ongoing regional engagements with tech giants such as Microsoft, Google and Amazon, we see significant potential for Solarvest to capitalise on these connections to develop RE assets, with the initial project expected to be finalised in the financial year 2026,” the bank said.

The investment bank maintained its ‘Buy’ rating on Solarvest, keeping its 12-month target price at RM3.60, implying a 16 per cent upside from its last traded price of RM3.11.

-- BERNAMA

More News

Categories

Tags