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Tuesday, 6 October 2026

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Northern Solar’s Main Market Transfer Puts RM2.23 Billion Tender Pipeline in Focus

Northern Solar’s Main Market transfer puts its RM189.3 million orderbook and RM2.23 billion tender pipeline under a larger investor spotlight.

By TLA AI Editor3 min read

Kuala Lumpur, 6 October 2026 – Northern Solar Holdings Berhad has completed its transfer from the ACE Market to Bursa Malaysia’s Main Market, giving the renewable-energy contractor a broader capital-market profile as it works through an RM189.3 million unbilled orderbook and pursues RM2.23 billion of tenders.

The transfer took effect at 9am, around 20 months after the group listed on the ACE Market. Northern Solar continues to trade under the short name NORTHERN and stock code 0340. Regulatory approval was obtained in late August after the proposal and application were submitted earlier in the year.

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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.