• Joint venture to raise funds of up to USD10 million, which NEFIN Group has committed to invest 90%, to develop, construct, and operate renewable energy projects, with capacity of approximately 15MWp, with a focus on solar energy generation, in Singapore and Malaysia

• The Group expects green energy generated from 15MWp solar projects will generate approximately 18,000 MWh per year, the equivalent of powering more than 5,000 three-room flats for an entire year, and reduce approximately 340,000 tonnes of carbon dioxide over project lifespan, equivalent to planting more than 644,000 trees

• Hatten Energy has a current project pipeline of 10MWp, expecting to gain revenue from the supply of clean energy and generation of Renewable Energy Certificates ("RECs")

• Hatten Energy's wholly-owned subsidiary, Hatten Renewable Assets Pte Ltd, signs agreement with Trend Technologies Singapore to construct, operate and maintain a 440.9 kilowatt-peak (kWp) grid-connected rooftop solar PV power system at Trend Technologies' premises located at Tuas, Singapore for a duration of 21 years

SINGAPORE, MELAKA, MALAYSIA - Media OutReach - 16 September 2022 - Hatten Land Limited (惠胜置地有限公司) ("Hatten Land", "Company", and together with its subsidiaries, the "Group") is pleased to share that its wholly-owned subsidiary, Hatten Edge Pte.