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Uzma Nexus Sdn Bhd, a UZMA Bhd’s company secures an RM101.8 million contract from Nextenaga Sdn Bhd, a subsidiary of Nexuscorp Group Sdn Bhd for engineering, procurement, construction and commissioning (EPCC) works.
Uzma will build a 29.99 MWac large scale solar (LSS) photovoltaic (PV) plant in Bestari Jaya, Selangor.
“UNSB shall complete and hand over the works to Nextenaga by Dec 31, 2022, for initial operation date (IOD) and commercial operation date (COD) by March 9, 2023,” said Uzma.
“The contract is expected to contribute positively towards the earnings and net assets per share of the company for the financial year ending June 30, 2022, and onwards until the expiry of the contract,” Uzma added.
Uzma, established in 2000, started its business by providing professional consultancy services to its clients. Since then, the company has gone through rapid growth driven by its vision to be a leading OGSE company in South East Asia. The Group’s growth was fuelled by adding new innovative service offerings beyond consultancy services, and a market expansion beyond Malaysia.