Results Of Feed-in Tariff Quota Application for Biogas Under E-bidding For The Year 2025

Back Aug 01, 2025
Type Announcement
Subject OTHERS
Description Cypark Resources Berhad - Results of Feed-in Tariff Quota Application for Biogas under E-Bidding for the Year 2025

The Board of Directors of Cypark Resources Berhad (“CRB” or the “Company”) wishes to announce that the Company’s 51% indirectly-owned subsidiary, Reviva BACRE (Ulu Remis) Sdn. Bhd. had on 31 July 2025 received the approval letter dated 25 July 2025 from the Sustainable Energy Development Authority Malaysia (“SEDA”) for Feed-in Tariff application to carry out the development of biogas project (“Project”) with the following details:

Name of Feed-in Approval Holder (FiAH)

Installed Capacity (MW)

Net Export Capacity (MW)

Location

Reviva BACRE (Ulu Remis) Sdn. Bhd.

1.5

1.3

Layang -Layang, Johor

The Project is expected to be completed by 25 July 2028 (“Commencement Date”) with the Feed-in Tariff to be effective for a period of twenty-one (21) years from the Commencement Date.

The Project is not expected to have any material impact on the earnings and net assets of the CRB Group for the financial year ending 30 April 2026. However, the Project is expected to contribute positively to the future earnings of CRB through stable and recurring long term cash flows generated under the Feed-in Tariff programme.

None of the Directors or major shareholders of CRB and persons connected with them has any interests, direct or indirect, in the Project.

Please find attached herewith a press release entitled "Cypark Seals SEDA Approval for 1.5MW Biogas Project in Johor", for further details.

This announcement is dated 1 August 2025.

Please refer attachment below.


Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 01 Aug 2025
Category General Announcement for PLC
Reference Number GA1-01082025-00013

Attachments

  1. CYPARK_Media_Release_-_Cypark_Seals_SEDA_Approval_for_1.5MW_Biogas_Project_in_Johor.pdf (Size: 104,974 bytes)