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Minetech Resources Berhad (“Minetech” or “the Company”) – Letter of Award from Tesdec Hydropower Sdn Bhd to Techmile Resources Sdn Bhd, a wholly-owned subsidiary of Minetech on the appointment as a Turnkey Contractor of Engineering, Procurement, Construction and Commissioning for Development of Mini-Hydro Project of 3.0MW at Sungai Pelagat, Besut, Terengganu

Minetech Resources Berhad ("Minetech" or "the Company") - Letter of Award from Tesdec Hydropower Sdn Bhd to Techmile Resources Sdn Bhd, a wholly-owned subsidiary of Minetech on the appointment as a Turnkey Contractor of Engineering, Procurement, Construction and Commissioning for Development of Mini-Hydro Project of 3.0MW at Sungai Pelagat, Besut, Terengganu

construction

1. Introduction The Board of Directors of Minetech (“Board”) is pleased to announce that Techmile Resources Sdn Bhd [Registration No. 202001021725 (1378045-K)] (“TRSB”), a wholly-owned subsidiary of Minetech had on 9 December 2022 entered into a Memorandum of Understanding (“MOU”) with Tesdec Hydropower Sdn Bhd [Registration No. 202001012029 (1368349-H)] (“TESDEC”) to establish a joint collaboration to undertake engineering, procurement, construction and commissioning (“EPCC”) works for the development of a total of 30MW Mini-Hydro Project in Terengganu. (“Development”) (“Joint Collaboration”).

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Minetech Resources Berhad
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