JBB Builders Forms Joint Venture for 99.99MW Solar Plant in Malaysia
JBB Builders International Ltd. has formed a joint venture with a subsidiary of Samaiden Group Berhad to develop a 99.99MW solar plant in Segamat, Johor, Malaysia. The new company, Legasi Suria Selatan Sdn. Bhd., will handle the project, with JBB Builders holding a 30% stake and investing up to RM65 million. The consortium was shortlisted by Malaysia's Energy Commission.
JBB Builders International Ltd. has announced the formation of a joint venture with a wholly-owned subsidiary of Samaiden Group Berhad. The new joint venture company, Legasi Suria Selatan Sdn. Bhd., will be responsible for developing, designing, constructing, owning, operating, and maintaining a large-scale solar photovoltaic plant with a capacity of approximately 99.99MWac in Segamat, Johor, Malaysia. JBB Builders (M) Sdn. Bhd., a wholly-owned subsidiary of JBB Builders International Ltd., will hold a 30% stake in the joint venture, while the JV partner will hold the remaining 70%. The total capital injection by JBB Builders (M) Sdn. Bhd. is expected to be not more than RM65 million. This collaboration follows the consortium’s selection as a shortlisted bidder by the Energy Commission of Malaysia for the project. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JBB Builders International Ltd. published the original content used to generate this news brief on November 18, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
