Brief: Hong Lai Huat Signs MoU With China Machinery Engineering Corp
26/04/2021 01:42
April 26 (Reuters) - Hong Lai Huat Group Ltd HONL.SI :
* SIGNS MEMORANDUM OF UNDERSTANDING WITH CHINA MACHINERY
ENGINEERING CORPORATION
* MOU WITH CHINA MACHINERY ENGINEERING CORPORATION FOR
DEVELOPMENT
OF A SOLAR FARM
* TO DEVELOP & OPERATE 200MW SOLAR FARM AT AORAL ECO-CITY
* ESTIMATED INVESTMENT VALUE OF PROJECT ABOUT US$200 MILLION
* MOU WILL CREATE SPECIAL PURPOSE VEHICLE FOR AT LEAST 20
YRS,
WITH RIGHT-OF-RENEWAL FOR FURTHER 20 YRS
Source text for Eikon: ID:nSN69nCQq
Further company coverage: HONL.SI
((Reuters.Briefs@thomsonreuters.com;))
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