Corporate digest

Sunpower Group

ENVIRONMENTAL solutions company Sunpower Group has secured 65.5 million yuan (S$12.7 million) in manufacturing and services contracts with PSS Netherlands BV, a joint venture company of three repeat customers. Under the contracts, Sunpower will supply heat exchangers to PSS Netherlands' Sriracha oil refinery in Thailand. The contracts are due for delivery in 2020 and are expected to have a positive impact on the group's financial performance for FY2019 and FY2020.

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