【PESTECH 5219 交流专区】PESTECH国际

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	PESTECH INTERNATIONAL BERHAD ("PESTECH" or "THE COMPANY") - Memorandum of Understanding between PESTECH Power Sdn. Bhd. and RS Renewables K.K.
The Board of Directors of PESTECH wishes to announce that PESTECH Power Sdn. Bhd. (“PPW”) had on 15 March 2019 entered into a Memorandum of Understanding (“MOU”) with RS Renewables K.K. (“RSRKK”) for collaboration via a potential joint investment in the bidding for “Large Scale Solar Photovoltaic Plants for Peninsular Malaysia (“LSS 3 Project”). (PPW and RSRKK are hereinafter referred to either as “Party” or “Parties”) Information on PPW PPW, a company incorporated under the laws of Malaysia, is a 100% wholly-owned subsidiary of PESTECH.  It mainly engaged in the business of establishing electric power infrastructure concession. Information on RSRKK RSRKK is a company registered under the laws of Japan, having its head office at Tokyo, Japan. RSRKK’s business mainstream is to develop power plant using renewable energy source. In particular, RSRKK has many track records of accomplishment of solar energy power plant in Japanese market as well as global market. RSRKK’s expertise covers all phases of project development such as providing design and engineering guidance to local EPC, financial arrangement, operation and maintenance and asset management. Salient Terms of the MOU The Parties intend to explore the possibility of complementing each other’s core competencies and know-how, technical capabilities and joint co-operation in the undertaking of the LSS 3 Project. The Parties will work together and to fulfil the main objectives set out in the MOU by entering into a legally binding joint bidding agreement in order to bid for the LSS 3 Project. The Parties consider investing into the LSS 3 Project via special purpose vehicle, if the bid for the Project by the Parties is successful. The MOU will come into effect on the date of signing the MOU and will remain in effect until the execution of the definitive legally binding contracts. Early termination is allowed by written notice being served to the other Party and mutual agreement in writing. Effects of the MOU The MOU will have no material effect on earnings, revenue and net assets per share of the Group for the financial year ending 30 June 2019 but is expected to contribute positively to the future earnings of PESTECH Group, if the bid for the Project by the Parties is successful. Directors’ and Major Shareholders’ interests None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the MOU. The Board of Directors of PESTECH is of the opinion that the MOU is in the best interest of the Company. Approval required The MOU is not subject to the approval of the shareholders of the Company or any regulatory authorities. This announcement is dated 15 March 2019.

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD ('PESTECH' or 'THE COMPANY') - INCORPORATION OF A NEW SUBSIDIARY
The Board of Directors of PESTECH wishes to announce that PESTECH Energy Sdn. Bhd. ('PEN'), a wholly-owned subsidiary of the Company had, on 2 April 2019, incorporated a 70%-owned subsidiary namely PESTECH Solutions Sdn. Bhd. ('PES') under the Companies Act 2016 as a private company limited by shares ('Incorporation'). The total issued share capital of PES is RM10.00 comprising 10 ordinary shares. The intended principal activity of PES is to market PEN’s products and all kinds of commercial trading businesses which are in line with the long-term strategic plans of PESTECH Group. The Incorporation of PES will not have any material impact on the PESTECH Group’s earnings and net assets of the financial year ending 30 June 2019. None of the Directors and/or major shareholders of the Company and/or person connected to them have any interest, direct or indirect, in the said Incorporation. The Board of Directors of PESTECH is of the opinion that the Incorporation of the new subsidiary is in the best interest of the Company. This announcement is dated 2 April 2019.

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	PESTECH INTERNATIONAL BERHAD ("PIB" or "THE COMPANY") -Memorandum of Understanding between PESTECH Sdn. Bhd. and Atlantic Blue Sdn. Bhd.
Following the Company’s announcement dated 15 March 2019 pertaining to the Memorandum of Understanding (“MOU”) between PESTECH Power Sdn. Bhd. and RS Renewables K.K. (“RSRKK”) for collaboration via a potential joint investment in the bidding for “Large Scale Solar Photovoltaic Plants for Peninsular Malaysia (“LSS 3 Project” or “Project”) (“Bidding”), the Board of Directors of PIB wishes to announce that PESTECH Sdn. Bhd. (“PSB”), a 100%-owned subsidiary of PIB had on 16 May 2019 entered into a MOU with Atlantic Blue Sdn. Bhd. (“AB”) for collaboration as joint contractors to undertake the Engineering, Procurement, Construction and Commissioning (“EPCC”) works for the Project in the event of successful Bidding. (PSB and AB are hereinafter referred to either as “Party” or “Parties”) Information on PSB PSB, a company incorporated under the laws of Malaysia, is a 100% wholly-owned subsidiary of PIB.  It mainly engaged in the business of design, procurement, construction, installation and commissioning of high voltage (“HV”) and extra high voltage (“EHV”) substations, HV and EHV transmission lines as well as underground and submarine power cable systems for electricity transmission and distribution. Information on AB AB is a solar energy investment company incorporated under the laws of Malaysia. AB’s business activity is to provide Engineering, Procurement and Construction solution specialising in large-scale solar farming and the provision of best-value solar photovoltaic solutions. Salient Terms of the MOU 1. In the event of successful Bidding, the Parties intend to explore the possibility of complementing each other’s core competencies, technical capabilities and references to co-operate together in the undertaking of EPCC works for the Project. 2. The MOU will come into effect on the date of signing the MOU and will remain in effect for a period of one (1) year (“Validity Period”). 3. The MOU may be terminated by any Party at any time within the Validity Period by giving ninety (90) days’ notice in writing to the other Party ("Notice of Termination"). Upon receipt of the Notice of Termination and expiry of the notice period, this MOU will automatically terminate. Effects of the MOU The MOU will have no material effect on earnings, revenue and net assets per share of the Group for the financial year ending 30 June 2019 but is expected to contribute positively to the future earnings of PESTECH Group. Directors’ and Major Shareholders’ interests None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the MOU. The Board of Directors of PESTECH is of the opinion that the MOU is in the best interest of the Company. Approval required The MOU is not subject to the approval of the shareholders of the Company or any regulatory authorities. This announcement is dated 16 May 2019.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2019	31 Mar 2018	31 Mar 2019	31 Mar 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	222,061	260,915	524,781	723,753
2	Profit/(loss) before tax	23,688	17,662	55,998	74,954
3	Profit/(loss) for the period	22,506	15,433	51,514	62,126
4	Profit/(loss) attributable to ordinary equity holders of the parent	21,590	9,207	46,009	42,477
5	Basic earnings/(loss) per share (Subunit)	2.82	1.21	6.02	5.56
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6814		0.6100

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD ("PESTECH" or "THE COMPANY")- INCORPORATION OF A NEW SUBSIDIARY
The Board of Directors of PESTECH wishes to announce that PESTECH Power Sdn. Bhd. (“PPW”), a wholly-owned subsidiary of the Company had, on 13 June 2019, incorporated a 100%-owned subsidiary namely PESTECH Power One Sdn. Bhd. (“PP1”) under the Companies Act 2016 as a private company limited by shares (“Incorporation”). The total issued share capital of PP1 is RM1.00 comprising 1 ordinary share. The intended principal activity of PP1 is to carry on the business of establishing, commission, setting up, operating, maintaining, distributing, dealing and acquiring any manner of electric power generation concessions. The Incorporation of PP1 will not have any material impact on the PESTECH Group’s earnings and net assets for the financial year ending 30 June 2019. None of the Directors and/or major shareholders of the Company and/or person connected to them have any interest, direct or indirect, in the said Incorporation. The Board of Directors of PESTECH is of the opinion that the Incorporation of the new subsidiary is in the best interest of the Company. This announcement is dated 13 June 2019.

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD ("PESTECH" OR "THE COMPANY") LETTER OF AWARD - SUPPLY OF MOBILE SUBSTATIONS TO THE MINISTRY OF ELECTRICITY, REPUBLIC OF IRAQ
The Board of Directors of PESTECH wishes to announce that PESTECH Sdn. Bhd. (“PSB”), a wholly-owned subsidiary of the Company, had on 14 June 2019, received a Letter of Award from Ministry of Electricity, Republic of Iraq (“MOE”), for the supply of the following goods and its related services (“Project”) at a fixed contract price of United States Dollar: Seven Million One Hundred Fifty Six Thousand One Hundred and Sixty Six (USD7,156,166) only (“Contract”):- a) Four (4) new 132/33 kV, 31.5 MVA mobile substations; and b) Two (2) new 132/11 kV, 25 MVA mobile substations. The above Project is funded by the Japan International Cooperation Agency (“JICA”) towards the cost of Electricity Sector Reconstruction Project in Iraq. These mobile substations are able to accelerate the restoration of power supply in the event of unexpected emergency shutdown and enable fast and flexible grid expansion. Such supply of mobile substation by PSB marks a significant breakthrough for the Group as this is the first time ever the Group penetrates into the Middle East market. It also reflects PESTECH’s strong engineering know-how and expertise in modular design and fully prefabricated solution. INFORMATION ON MOE MOE is the Ministry responsible for the policymaking and electricity supply throughout the Republic of Iraq. RISK FACTOR PESTECH does not foresee any exceptional risk other than the normal operational risk associated with the Contract such as availability and changes in the price of raw materials. The Company will take necessary steps to mitigate the risks as and when it occurs. FINANCIAL EFFECT The Contract will contribute positively towards the revenue and earnings of PESTECH in accordance to the stages of supply to be recognised in the financial year ending 30 June 2020 and is expected to contribute positively to the future earnings and net asset per share of the Company. APPROVAL REQUIRED The Contract is not subject to PESTECH shareholder’s approval. INTEREST OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED TO THEM None of the Directors and/or major shareholders of the Company and/or persons connected to them, have any interest, direct or indirect in the Contract. DIRECTORS’ STATEMENT The Board of the Directors of PESTECH is of the opinion that the Contract is in the best interest of the Company. This announcement is dated 17 June 2019.

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD ("PESTECH" or "THE COMPANY")- INCORPORATION OF A NEW SUBSIDIARY
The Board of Directors of PESTECH wishes to announce that PESTECH (Myanmar) Ltd. (“PML”), a 99.99%-owned subsidiary of PESTECH (Cambodia) PLC, which in turn is a wholly-owned subsidiary of the Company had, on 24 June 2019, incorporated a 60%-owned subsidiary namely PESTECH Hinthar Corporation Limited (“PHC”) under Myanmar Companies Law 2017 as a private company limited by shares (“Incorporation”).   The total share capital of PHC to be issued is USD50,000.00 comprising 50,000 ordinary shares. The intended principal activity of PHC is to establish the infrastructure of power sector and promote the power segments such as power generation, power transmission and power distribution in Myanmar.   The Incorporation of PHC will not have any material impact on the PESTECH Group’s earnings and net assets for the financial year ending 30 June 2019.   None of the Directors and/or major shareholders of the Company and/or person connected to them have any interest, direct or indirect, in the said Incorporation.   The Board of Directors of PESTECH is of the opinion that the Incorporation of the new subsidiary is in the best interest of the Company.   This announcement is dated 25 June 2019.

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD (PESTECH OR THE COMPANY)- PRE-BID CONSORTIUM AGREEMENT BETWEEN PESTECH TECHNOLOGY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF PESTECH AND MILLION RICH DEVELOPMENT SDN. BHD.
The Board of Directors of PESTECH ("Board") wishes to announce that PESTECH Technology Sdn. Bhd. (Company No. 1075814-X) (“PTECH”), a wholly-owned subsidiary of PESTECH had on 28 June 2019 entered into a Pre-Bid Consortium Agreement (“Agreement”) with Million Rich Development Sdn. Bhd. (Company No. 1207291-T) (“MRDSB”) (PTECH and MRDSB shall hereinafter be collectively referred to as the "Parties" and individually referred to as a "Party").The Parties are desirous to jointly work together  to form an unincorporated consortium to submit bid(s) for transportation infrastructure projects (“Projects”) to the project owners or main contractors of the Projects and if successful, jointly undertaking a contract for the Projects (“the Contract”). 1.      INFORMATION OF THE COMPANIES INVOLVED IN THE AGREEMENT 1.1     Information of PTECH PTECH is a private limited company incorporated in Malaysia on 30 December 2013 and is a wholly-owned subsidiary of PESTECH.  As of to-date, the issued share capital of PTECH is RM1,000,000 divided into 1,000,000 ordinary shares. PTECH is presently involved in provision of design, engineering, supply and commissioning of plant systems for power plants and rail electrification project. 1.2      Information of MRDSB MRDSB is a private limited company incorporated in Malaysia on 31 October 2016 and a wholly-owned subsidiary of DWL Resources Berhad (formerly known as Spring Gallery Berhad).  As of to-date, the issued share capital of MRDSB is RM100,000 represented by 100,000 ordinary shares. MRDSB is presently engaged in the businesses of property development and other related services and has expertise in the field of strategic masterplan design and undertaking architecture and other related project works. 2.        DETAILS OF THE AGREEMENT 2.1      Purpose of the Agreement The Parties established an unincorporated consortium to be known as “DWL-PESTECH Consortium” (hereinafter referred to as “the Consortium”) for the purposes of:- a)     Development of the Projects and engagement with various stakeholders. b)    Conclusion of Terms of Reference (“TOR”) with the project owners and/or main contractors of the Projects. c)    Preparing and submitting the technical, commercial and financial proposal to the project owners and/or main contractors of the Projects. d)   Negotiation with the project owners and/or main contractors of the Projects. e)    Preparation, negotiation and execution of the Contract. f)     Preparation of financing proposal and attain financial close. g)    Performance of the Contract. The Parties shall jointly prepare bid(s) for submission to the project owners and/or main contractors of the Projects. 2.2        Main salient terms of the Consortium a)   To arrive at the bid(s), the Parties shall devote all necessary time, effort, personnel and resources to jointly prepare in good faith and in sound and professional manner all historical data, information and all other matters necessary to meet the requirements of the Projects and to discuss and finalise the TOR of the Projects with project owners and/or main contractors of the Projects. The Parties will study, estimate and evaluate all available and relevant information related to the Projects for purposes of preparing the bid(s). b)   The final price of the bid(s) and further conditions shall be established by mutual agreement between the Parties. c)    The bid(s) shall be submitted under the name of the Consortium. d)   The terms of bid(s) shall be unanimously approved by the Parties prior to submission. e)   After submission of the bid(s), the provisions in the Agreement shall jointly and severally bind the Parties with respect to the Projects hereof and none of them shall vary or seek to vary the same without the written consent of the other Party. f)     None of the Parties and their associated/affiliated companies shall during the term of the Agreement, without the written consent of the other Party, either directly or indirectly, alone or together with any third party, prepare or submit or take part in any preparation or submission of a similar bid(s) for the Projects to the same project owners and/or main contractors of the Projects. g)   Should the Parties be awarded the Projects, the Parties or their nominated subsidiaries shall enter into a joint venture agreement (“Joint Venture Agreement”) and form a Special Purpose Vehicle which shall define in detail the contractual relationship between the Parties or their subsidiaries for the performance of the Contract. h)    The interest of the Parties to the Consortium shall be in the proportions as set opposite their respective name as follows:- PTECH 70% MRDSB 30% 2.3      Term of the Agreement The Agreement shall come into force and effect on the date of this Agreement and shall terminate: - a)   twelve (12) months after the date of the Agreement and all rights, obligations and liabilities between the Parties arising out of or in  connection with this Agreement have been settled; or b)    by any Party by giving thirty days (30) days prior notice in writing to the other Party; or c)     the bid(s) to the project owners and/or main contractors of the Projects has been rejected. 3.      EFFECT OF THE AGREEMENT 3.1     Issued share capital The Agreement will not have any effect on the issued share capital of PESTECH as well as the shareholdings of its substantial shareholders as it does not involve issuance of new ordinary shares in PESTECH. 3.2     Net assets (“NA”) and gearing The Agreement will not have any material impact on the NA and gearing of PESTECH Group for the financial year ending 30 June 2019. 3.3     Earnings and Earnings per share (“EPS”) The Agreement will not have any material impact on the earnings and EPS of PESTECH Group for the financial year ending 30 June 2019. The Agreement is expected to contribute positively towards the future earnings and EPS of PESTECH Group. 4.    DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the directors and/or major shareholders of PESTECH and/or persons connected with them have any interest, direct or indirect, in the Agreement. 5.    DIRECTORS’ STATEMENT The Board, after having considered all aspects of the Agreement, is of the opinion that the Agreement is in the best interest of PESTECH Group. This announcement is dated 28 June 2019.

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	PESTECH INTERNATIONAL BERHAD (PESTECH or THE COMPANY) - Memorandum of Understanding between PESTECH International Berhad, Dewan Bandaraya Kuching Utara and Layar Bumimas Sdn. Bhd.
The Board of Directors of PESTECH wishes to announce that PESTECH International Berhad (“PIB”) had on 31 July 2019 entered into a Memorandum of Understanding (“MoU”) with Dewan Bandaraya Kuching Utara (“DBKU”) and Layar Bumimas Sdn. Bhd. (“LBSB”) for a collaboration to implement the City Information & Management System (“CIMS”) in Kuching, Sarawak and other possible collaborations (“Collaboration”). (PIB, DBKU and LBSB are hereinafter referred to either as “Party” or “Parties”) Information on PIB PIB, a company currently listed on the Main Market of Bursa Malaysia Securities Berhad, is principally engaged in the business of investment holding and provision of management services. PIB Group is mainly involved in four (4) major business segments:- 1. Power Transmission Infrastructure and Products 
  2. Power Generation and Rail Electrification 
  3. Built and Operate of Transmission Asset 
  4. Embedded System Software and Product Development Information on DBKU DBKU is a body established under the City of Kuching North Ordinance, 1988 (Cap. 49) [Revised – 2002], having its office at Kuching, Sarawak. DBKU is responsible for public health and sanitation, waste removal and management, environmental protection and building control, social and economic development and general maintenance functions of urban infrastructure administrating the northern part of Kuching City in Sarawak. Information on LBSB LBSB is a project management company incorporated under the laws of Malaysia. LBSB’s business activity mainly involves in local authority liaison and project implementation activities. Salient Terms of the MoU 1. The Parties intend to explore the possibility of complementing each other’s core competencies, technical capabilities and references to co-operate jointly in implementing CIMS in Kuching and other possible collaborations, such as the following:- a. Digitalization of city electrical infrastructure to provide city-wide light control and traffic information system via capitalizing on existing electrical infrastructure.  b. Implementation of EV charging stations and its related infrastructure including the development of associated software system and application.  c. City Information & Management App: The City Information & Management App to enable single platform information management for various services provided.   2. In  order to facilitate the implementation of the Collaboration, PIB or its nominated subsidiary authorised in writing shall finalise a working arrangement with LBSB, based on mutually agreeable terms and conditions, to carry out the scope of works and implementation of the relevant scope of works for DBKU. 3. The MoU will come into effect on the date of signing of the MoU and will remain in effect for two (2) years from the effective date (“Validity Period”). The MoU can be extended by giving each Party a written notice not less than three (3) months prior to the expiry of the Validity Period. The MoU may be terminated by mutual written agreement of both Parties at any time within the Validity Period. Effects of the MoU The MoU will have no material effect on earnings, revenue and net assets per share of the Group for the financial year ending 30 June 2020 but is expected to contribute positively to the future earnings of PESTECH Group, if the Collaboration between the Parties is successful. Directors’ and Major Shareholders’ interests None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the MoU. The Board of Directors of PESTECH is of the opinion that the MoU is in the best interest of the Company. Approval required The MoU is not subject to the approval of the shareholders of the Company or any regulatory authorities. This announcement is dated 31 July 2019.

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pestech国际联营探索太阳能
https://www.enanyang.my/news/20190810/pestech国际联营探索太阳能/

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	PESTECH INTERNATIONAL BERHAD ("PIB' or 'THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN PESTECH INTERNATIONAL BERHAD AND HUAINAN SUNGROW FLOATING MODULE SCI. & TECH CO., LTD
The Board of Directors of PESTECH wishes to announce that the Company had on 7 August 2019 entered into a Memorandum of Understanding (“MoU”) with Huainan Sungrow Floating Module SCI. & Tech Co., Ltd (“Sungrow”) for a collaboration on exploring floating solar system solution, localisation of parts and other possible co-operations in the region of South East Asia (“SEA”) (“Collaboration”). (PIB and Sungrow are hereinafter referred to either as “Party” or “Parties”) Information on PIB PIB, a company currently listed on the Main Market of Bursa Malaysia Securities Berhad, is principally engaged in the business of investment holding and provision of management services. PIB Group is mainly involved in four (4) major business segments:- Power Transmission Infrastructure and Products Power Generation and Rail Electrification Built and Operate of Transmission Asset Embedded System Software and Product Development Information on Sungrow Sungrow, a company incorporated under the laws of China, specializes in research and development, production, sales, and service of new energy power supply devices for solar energy, wind energy, and energy storage. Main products include PV inverters, wind converters, energy storage system, new energy automotive drive system, and floaters for floating PV power plants. Rationale for the MoU The accommodative climate conditions will continue to spur the development of the solar energy industry in the region of SEA.   The deployment of floating solar is expected to grow as the technologies mature, opening up a new frontier in the global expansion of renewable energy and further accelerate the pace of growth of the industry.  The Company believes that the Collaboration with Sungrow will achieve synergistic and dynamic effect for both parties in the pursuit for opportunities under the Collaboration in this region. Salient Terms of the MoU The Parties intend to explore the possibility of complementing each other’s core competencies, technical capabilities and references to co-operate jointly on exploring floating solar system solution, localisation of parts and other possible co-operations in the region of South East Asia. Each Party shall explore potential power and energy related projects by utilizing its network and “know-how” and inform each other of any opportunity suitable for purposes of the Collaboration. If the Parties agree to jointly bid for a project, the Parties shall further discuss to agree on the type of co-operation. The MoU will come into effect on the date of signing of the MoU and will remain in effect for two (2) years from the effective date (“Validity Period”). The MoU can be extended by giving each Party a written notice not less than three (3) months prior to the expiry of the Validity Period. The MoU may be terminated by mutual written agreement of both Parties at any time within the Validity Period. Effects of the MoU The MoU will have no material effect on earnings, revenue and net assets per share of the Group for the financial year ending 30 June 2020 but is expected to contribute positively to the future earnings of PESTECH Group, if the Collaboration between the Parties is successful. Directors’ and Major Shareholders’ interests None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the MoU. The Board of Directors of PESTECH is of the opinion that the MoU is in the best interest of the Company. Approval required The MoU is not subject to the approval of the shareholders of the Company or any regulatory authorities. This announcement is dated 7 August 2019.

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD ("PESTECH" or "THE COMPANY") - INCORPORATION OF A NEW SUBSIDIARY
The Board of Directors of PESTECH wishes to announce that PESTECH Power Sdn. Bhd. (“PPW”), a wholly-owned subsidiary of the Company had, on 8 August 2019, incorporated a 100%-owned subsidiary namely PESTECH Power Two Sdn. Bhd. (“PP2”) under the Companies Act 2016 as a private company limited by shares (“Incorporation”). The total issued share capital of PP2 is RM1.00 comprising 1 ordinary share. The intended principal activity of PP2 is to carry on the business of establishing, commissioning, setting up, operating, maintaining, distributing, dealing and acquiring any manner of electric power generation concessions. The Incorporation of PP2 will not have any material impact on the PESTECH Group’s earnings and net assets for the financial year ending 30 June 2020. None of the Directors and/or major shareholders of the Company and/or person connected to them have any interest, direct or indirect, in the said Incorporation. The Board of Directors of PESTECH is of the opinion that the Incorporation of the new subsidiary is in the best interest of the Company. This announcement is dated 9 August 2019.

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD ("PESTECH" or "THE COMPANY") - ACQUISITION OF ASTORIA SOLAR FARM SDN. BHD.
The Board of Directors of PESTECH wishes to announce that PESTECH Power One Sdn. Bhd. (“PP1”), a wholly-owned subsidiary of PESTECH Power Two Sdn. Bhd., a wholly-owned subsidiary of PESTECH Power Sdn. Bhd., which in turn is a wholly-owned subsidiary of the Company had, on 14 August 2019, completed the acquisition of 1 ordinary share in Astoria Solar Farm Sdn. Bhd. (Company No. 1314226-H) (“ASF”) at a total consideration of Ringgit Malaysia One (RM1.00) only (“the Acquisition”). ASF was incorporated in Malaysia on 13 February 2019 as a private limited company. ASF is principally involved in the business of provision of engineering, procurements, constructions, commissioning and consultancy services for solar photovoltaic system and operation of solar power farm under photovoltaic system. The total issued share capital of ASF is RM1.00 comprising 1 ordinary share. Post completion of the Acquisition, ASF becomes a wholly-owned subsidiary of PESTECH. The purchase consideration of RM1.00 for the Acquisition was arrived at based on a willing-buyer willing-seller basis taking into consideration that ASF is a newly incorporated company. The consideration for the Acquisition was funded from internally generated funds of the Company. The Acquisition will facilitate PESTECH Group’s aspiration to further expand its solar photovoltaic system business. Save for the risk associated with the business of solar photovoltaic system, the Group does not foresee any other exceptional risks in connection with the Acquisition. The Acquisition will not have any material impact on the PESTECH Group’s earnings and net assets of the financial year ending 30 June 2020. The Acquisition does not require the approval of the shareholders of PESTECH or any relevant authority. None of the Directors and/or major shareholders of the Company and/or person connected to them have any interest, direct or indirect, in the said Acquisition. The Board of Directors of PESTECH is of the opinion that the Acquisition is in the best interest of the Company. This announcement is dated 14 August 2019.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2019	30 Jun 2018	30 Jun 2019	30 Jun 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	285,257	119,304	810,038	834,910
2	Profit/(loss) before tax	41,536	17,616	97,533	92,600
3	Profit/(loss) for the period	36,311	16,261	87,824	75,787
4	Profit/(loss) attributable to ordinary equity holders of the parent	34,216	18,093	80,224	57,970
5	Basic earnings/(loss) per share (Subunit)	4.48	2.37	10.50	7.59
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.7279		0.6086

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	PESTECH INTERNATIONAL BERHAD ("PESTECH' or 'THE COMPANY") - Memorandum of Understanding between PESTECH Power Sdn. Bhd. and TASCO Cu Chi Environmental Company Limited
The Board of Directors of PESTECH wishes to announce that PESTECH Power Sdn. Bhd. (“PPW”) had on 20 September 2019 entered into a Memorandum of Understanding (“MoU”) with TASCO Cu Chi Environmental Company Limited (“TCC”) in relation to a Proposed Collaboration in the possibilities of participation into Waste to Energy (“WTE”) development projects in the region of Cu Chi, Vietnam (“Project”) and other possible co-operations (“Collaboration”). (PPW and TCC are hereinafter referred to either as “Party” or “Parties”) Information on PPW PPW, a company incorporated under the laws of Malaysia, is a 100% wholly-owned subsidiary of PESTECH.  It mainly engaged in the business of establishing electric power infrastructure concession. Information on TCC TCC, a company incorporated under the laws of Vietnam, specializes in WTE development projects. Rationale for the MOU The WTE technologies are able to encourage sustainable development and promote efficient and cost-effective solutions to the increasing waste production problems. The Company believes that the Collaboration with TCC will enable PPW to spearhead into the WTE/ renewable energy sector, with technical support from PPW’s European technology partner, in the pursuit for opportunities under the Collaboration in this region. In that regard, the Parties is desirous to engage PPW’s Finnish technology partner for the Project to ensure highest compliance towards the emission standard. This venture, if materialized, shall be a spring board for further opportunities of WTE projects in the same location. Salient Terms of the MoU 1. The Parties agree that based on positive result of the due diligence to be conducted, PPW will become an equity partner in TCC together with its existing local shareholder, WeSaigon Co. Ltd. (“WeSaigon”), to co-invest in the Project for development, operation and maintenance of the WTE plant, where the proportion of equity or interest of the Parties shall be 60% for WeSaigon and 40% for PPW. 2. The Parties hereby agree that PPW’s acquisition of 40% in TCC shall be not exceeding USD3 million, subject to terms and conditions of the sale and purchase agreement to be executed subsequently. 3. The Parties hereby agree that the new board of directors of TCC, post acquisition by PPW, shall consist of not less than 3 and not more than 5 total board members, where WeSaigon, being the current shareholder of TCC, shall appoint 2 members and PPW shall appoint 1 member (in the case of a 3 members board), or WeSaigon shall appoint 3 members and PPW shall appoint 2 members (in the case of a 5 member board); 4. WeSaigon shall be the party to lead and undertake the assurance for the continuous supply of minimal required volume of waste supply and its relevant licensing approvals for the Project; 5. PPW, or its designated related company(ies) under the PESTECH Group, shall be the party(ies) to lead and undertake the electrification and automation works, and transmission line and substations works apart from the operation and maintenance services for the Project; 6. The Parties are agreeable to implement a 2MW AC photovoltaic solar plant at the Project site to establish a hybrid system for a more effective and efficient energy deployment. 7. The MoU will come into effect on the date of signing of the MoU and will remain in effect for two (2) years from the effective date (“Validity Period”). The MoU can be extended by giving each Party a written notice not less than three (3) months prior to the expiry of the Validity Period. The MoU may be terminated by mutual written agreement of both Parties at any time within the Validity Period. Effects of the MoU The MoU will have no material effect on earnings, revenue and net assets per share of the Group for the financial year ending 30 June 2020 but is expected to contribute positively to the future earnings of PESTECH Group, if the Collaboration between the Parties is successful. Directors’ and Major Shareholders’ interests None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the MoU. The Board of Directors of PESTECH is of the opinion that the MoU is in the best interest of the Company. Approval required The MoU is not subject to the approval of the shareholders of the Company or any regulatory authorities. This announcement is dated 23 September 2019.

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	PESTECH INTERNATIONAL BERHAD (PESTECH or THE COMPANY) - Memorandum of Understanding between PESTECH and Port Klang Free Trade Zone Sdn. Bhd.
The Board of Directors of PESTECH wishes to announce that the Company had on 23 October 2019 entered into a Memorandum of Understanding (“MoU”) with Port Klang Free Trade Zone Sdn. Bhd. (“PKFZ”) in relation to a Proposed Collaboration on exploring opportunity of providing roof top solar power solutions and establishing green renewable energy initiative program (“Program”) in the free commercial and industrial zone situated in Port Klang (“Collaboration”). (PESTECH and PKFZ are hereinafter referred to either as “Party” or “Parties”) Information on PESTECH PIB, a company currently listed on the Main Market of Bursa Malaysia Securities Berhad, is principally engaged in the business of investment holding and provision of management services.   PIB Group is mainly involved in the following six (6) major business segments:- 1.HV and EHV Electrical System 2.Transmission Line and Power Cables 3.Infrastructure Asset Management 4.Power Generation 5.Rail Electrification and signalling 6.Power Distribution and Smart Grid Information on PKFZ PKFZ is an integrated 1,000-acre Free Commercial and Industrial Zone  providing facilities for international cargo distribution and consolidation centre. Adjacent to Port Klang, the World’s 12th ranked port in 2017 in terms of throughput volume, PKFZ offers consolidated facilities where factories and logistics firms can be located in the same zone so as to allow for easier co-ordination and smoother supply chain management. Rationale for the MoU The MoU is in line with the PKFZ’s Transformation Master Plan (“TMP”) launched by PKFZ today, where PESTECH will be the collaborating partner with PKFZ to provide roof top power solutions and establishing green renewable energy program in Port Klang Free Zone. Salient Terms of the MoU 1. The parties agree to nominate its own representative(s) to work towards implementing the intentions of the MoU under its own name or through its subsidiaries and/or affiliated companies. 2. The parties hereby agree to explore potential power and energy related opportunity by utilizing its network and “know-how” and inform each other of any opportunity suitable for purposes of the Collaboration. 3.In the event where both Parties are agreeable to proceed further on the implementation of the Program, the Parties herewith agreed that the Parties shall execute an Implementation Agreement upon such terms and conditions to be agreed upon later. 4.The MoU will into effect on the date of signing of the MoU and will remain in effect for one (1) year from the effective date (“Validity Period”). The MoU can be extended by giving each Party a written notice not less than three (3) months prior to the expiry of the Validity Period. The MoU may be terminated by either Party at any time within the Validity Period by giving thirty (30) days’ notice in writing to the other Party. Incorporation of a Subsidiary In conjunction with the MoU entered with PKFZ, PESTECH Power Sdn. Bhd. (“PPW”), a wholly-owned subsidiary of the Company had, on 23 October 2019, incorporated a subsidiary namely PESTECH REI Sdn. Bhd. (“PRE”) under the Companies Act 2016 as a private company limited by shares (“Incorporation”) for the purpose of undertaking renewable energy initiative program. The total issued share capital of PRE is RM10.00 comprising 10 ordinary shares. Effects of the MoU The MoU will have no material effect on earnings, revenue and net assets per share of the Group for the financial year ending 30 June 2020 but is expected to contribute positively to the future earnings of PESTECH Group, if the Collaboration between the Parties is successful. Directors’ and Major Shareholders’ interests None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the MoU. The Board of Directors of PESTECH is of the opinion that the MoU is in the best interest of the Company. Approval required The MoU is not subject to the approval of the shareholders of the Company or any regulatory authorities. This announcement is dated 23 October 2019.

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD (PESTECH or the Company) - Letter of Award from Tenaga Nasional Berhad for Supply and Delivery of Smart Meter for Smart Billing Project Deployment Phase 2
The Board of Directors of PESTECH (“Board”) wishes to announce that its wholly-owned subsidiary company, PESTECH Sdn Bhd (“PSB”), had on 8 November 2019 (late evening), received a Letter of Award (“LOA”) from Tenaga Nasional Berhad (“TNB”) for supply and delivery of smart meter for Smart Billing Project Deployment Phase 2 (Selangor, Kuala Lumpur, Putrajaya and Cyberjaya) for years 2019 and 2020, at a total contract amount of RM38,375,361.36 (Ringgit Malaysia: Thirty Eight Million and Three Hundred and Seventy Five Thousand Three Hundred and Sixty One and Cents Thirty Six only) (hereinafter referred to as the “Contract”). The Contract shall be effective from the date of the LOA and duration of the Contract is two (2) years. Smart meter or Advanced Metering Infrastructure (“AMI”) is an electronic device that records consumption of electricity, and communicates the information to TNB for monitoring and billing through radio frequency.   Aligned with TNB’s plan to equip a total of 9.1 million households across Peninsular Malaysia with smart electric meter by year 2026, PESTECH aims to revolutionise technologies in used in power distribution and take projects that are at the forefronts of the smart grid area.  The award of this Contract by TNB to PSB commensurate PESTECH’s direction in its foray to smart grid area involving both single-phase and 3-phase smart meters.  This award opens up the opportunity for the Group to tap on more prospects in the smart metering market to position itself for other phases of requirements in TNB as well as in the region. The Contract will contribute positively towards the revenue and earnings of PESTECH in accordance to the stages of the progress to be recognized in the financial years ending 30 June 2020 to 30 June 2021 and is expected to contribute positively to the future earnings and net asset per share of the Company. PESTECH does not foresee any exceptional risk other than the normal operational risk associated with the Contract such as availability and changes in the price of raw materials. The Company will take necessary steps to mitigate the risks as and when it occurs. None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the Contract. The Board is of the opinion that the Contract is in the best interest of the Company. This announcement is dated 11 November 2019.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	187,360	124,085	187,360	124,085
2	Profit/(loss) before tax	23,948	12,595	23,948	12,595
3	Profit/(loss) for the period	20,242	11,642	20,242	11,642
4	Profit/(loss) attributable to ordinary equity holders of the parent	19,320	9,950	19,320	9,950
5	Basic earnings/(loss) per share (Subunit)	2.53	1.30	2.53	1.30
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.7499		0.7339

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD (PESTECH or THE COMPANY) -        Notice of Award for the Contract on the Cebu-Bohol 230kV Interconnection Project (Substation Portion) from National Grid Corporation of the Philippines  (NGCP)
The Board of Directors of PESTECH (“Board”) wishes to announce that its wholly-owned subsidiary company, PESTECH Sdn Bhd (“PSB”) had on 12 December 2019, received a Notice of Award from NGCP for the contract in relation to the Cebu-Bohol 230kV Interconnection Project (Substation Portion) at a contract value as below: Offshore portion: USD13,886,000.00 (US Dollars: Thirteen Million Eight Hundred Eighty Six Thousand only) Onshore portion: PHP439,900,000.00 (Philippine Peso: Four Hundred Thirty Nine Million Nine Hundred Thousand only) (VAT inclusive) (hereinafter referred to as the “Project”). This is the third power infrastructure project awarded by NGCP to PESTECH after TIWi and Calamba projects.   The award of contract signifies that PESTECH has demonstrated its capability and competency in delivering its works and garnered the confidence of its client. Under the Project, PESTECH will deliver a new 230kV outdoor substation at Bohol as well as 138kV extension works at the existing substation at Bohol.  PESTECH shall provide design, engineering services, testing and commissioning as required for supply and delivery of equipment, civil works, foundations and building for the Project. NGCP has lined up an array of projects to improve the country’s transmission networks and is expected to continue investing in the electrical infrastructure backbone in order to support the robust growth of Philippines. The duration of the Project is 450 days and the commencement date of the Project will be determined by NGCP later. The Project will contribute positively towards the revenue and earnings of PESTECH in accordance to the stage of project progress to be recognized in the financial years ending 30 June 2020 to 30 June 2021. PESTECH does not foresee any exceptional risk other than the normal operational risk associated with the Project such as availability and changes in the price of raw materials. The Company will take necessary steps to mitigate the risks as and when it occurs. None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the Project. The Board is of the opinion that the Project is in the best interest of the Company. This announcement is dated 12 December 2019.

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD (PESTECH or THE COMPANY) -        Letter of Acceptance for Award from PNG Power Ltd in respect of Port Moresby System Study and Distribution Upgrade - Engineering, Procurement and Commissioning (EPC) Contract
The Board of Directors of PESTECH ("Board") is pleased to announce that its wholly-owned subsidiary company, PESTECH Sdn Bhd ("PSB") through PESTECH & Yongfu Joint Venture had on 20 December 2019 received a Letter of Acceptance for Award from PNG Power Ltd. ("PPL") in relation to PPL's Port Moresby System Study and 11kV Distribution Upgrade - Engineering, Procurement and Construction (“EPC”) Contract (“Contract”) for a contract price in the aggregate of United States Dollars: Seventeen Million Thirty-three Thousand and Three Hundred Three only (USD17,033,303.00). The Contract covers procurement of plant - design, supply and installation comprising the system study for the distribution network, design of the 11kV open mesh, supply and installation of equipment and systems for the PPGDP - Port Moresby Power Grid Development Project and Sub-project SP 3: Port Moresby System Study, 11kV open mesh design and distribution upgrade EPC Contract (“Project”). This Project is funded by the Asian Development Bank (“ADB”) jointly with The Government of the Independent State of Papua New Guinea.  The award of the Project was through international competitive bidding process in accordance to ADB's bidding procedures.  The commencement date of the Project will be determined later. PESTECH has gradually reaped the fruit of success in Papua New Guinea (“PNG”) since its inception in 2008.  The Contract is the third project awarded by PPL, after two (2) contracts were awarded to PESTECH in year 2008 and 2016, respectively.   Port Moresby is the largest urban center in PNG where its energy sales growth is expected to accelerate over the next 10 to 15 years.   PESTECH, through its subsidiary in PNG established since 2016, i.e. PESTECH (PNG) Ltd has developed its core competencies to address the local requirements in undertaking projects to enhance the power supply system capacity to cater for future load growth in PNG.  With local familiarity and project reference, PESTECH would continue seeking for project opportunities to solidify PESTECH’s footprint in PNG in tandem with the on-going strong economic growth in the said country. The Project is expected to contribute positively to the future earnings and net asset per share of the Company for the financial years ending 30 June 2020 to 30 June 2021. The Company does not foresee any exceptional risk other than the normal operational risk associated with the Project such as availability and changes in the price of raw materials. The Company will take necessary steps to mitigate the risks as and when it occurs. None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the Project. The Board is delighted to conclude the year 2019 with securing of the aforesaid Project, which is at the utmost interest of PESTECH Group. This announcement is dated 20 December 2019.

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Type	Announcement
Subject	OTHERS
Description	PESTECH INTERNATIONAL BERHAD (PESTECH or THE COMPANY) -        Notice of Award for the Contract on South Luzon Substations Upgrading Project Stage 1 (San Juan and Lumban Substations) and Stage 2 (Daraga Substation) from National Grid Corporation of the Philippines (NGCP)
The Board of Directors of PESTECH (“Board”) wishes to announce that its wholly-owned subsidiary company, PESTECH Sdn Bhd (“PSB”) had on 26 December 2019 (late evening), received a Notice of Award from NGCP for the contract in relation to South Luzon Substations Upgrading Project Stage 1 (San Juan and Lumban Substations) and Stage 2 (Daraga Substation) at a total contract value as below:- Offshore portion: United States Dollars: Sixteen Million Six Hundred Thirty Six Thousand Eight Hundred and Ninety only (USD16,636,890.00) Onshore portion: Philippine Pesos: Five Hundred Twenty Eight Million Eight Hundred Thousand only (PHP528,800,000.00) (VAT inclusive) (hereinafter referred to as the “Project”). This is another major power infrastructure project awarded by NGCP to PESTECH following the Contract on the Cebu-Bohol 230kV Interconnection Project (Substation Portion) secured by PESTECH on 12 December 2019,. Under the Project, PESTECH shall be furnishing, supplying, replacing, hauling, installing, testing and commissioning of the existing obsolete 230kV and 69kV electrical equipment including the associated equipment and materials in San Juan, Lumban and Daraga Substations.  This project forms part of the major power infrastructure upgrading projects undertaken by NGCP in its efforts to replace and upgrade the reliability of the power infrastructure in Philippines to support its robust growth.  With two (2) major contracts clinched by PESTECH within a month, this has proven that PESTECH has the capability and ability to provide and deliver its products and services to address the various needs and requirements for major utility companies in the region and other parts of the world. The commencement date of the Project will be determined by NGCP later and the Project shall be completed within the following period: San Juan Substation : 450 days from the commencement date Lumban Substation : 360 days from the commencement date Daraga Substation : 450 days from the commencement date The Project will contribute positively towards the revenue and earnings of PESTECH in accordance to the stage of project progress to be recognized in the financial years ending 30 June 2020 to 30 June 2021. PESTECH does not foresee any exceptional risk other than the normal operational risk associated with the Project such as availability and changes in the price of raw materials. The Company will take necessary steps to mitigate the risks as and when it occurs. None of the Directors and/or Major Shareholders and/or persons connected to them, has any interest, direct or indirect in the Project. The Board is of the opinion that the Project is in the best interest of the Company. This announcement is dated 27 December 2019.