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Tuesday, 20 October 2026

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Solarvest Target Raised to RM5.68 as Malaysia’s Solar Pipeline Expands

A bullish Solarvest target highlights Malaysia's expanding solar workload, while investors still need evidence of contract conversion, margins and cash flow.

By TLA AI Editor3 min read

Kuala Lumpur, 20 October 2026 – Maybank Investment Bank Berhad maintained its buy recommendation on Solarvest Holdings Berhad and raised its target price to RM5.68 from RM4.31, citing the company’s record in securing about 30% of Malaysia’s current solar construction jobs. The research house pointed to an estimated RM20 billion to RM25 billion of additional contracts expected to enter the market.

For Malaysian investors, the upgrade frames Solarvest as a potential beneficiary of construction demand under the Corporate Renewable Energy Supply Scheme and the sixth Large Scale Solar programme between 2027 and 2029. The target price and contract pipeline are analyst estimates, not guaranteed returns or awarded revenue. Share performance will depend on tender wins, project margins, execution and the valuation investors are willing to pay.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.