HELIOS SOLAR AG acquires of 100% of a Malaysian company and signs MOU with MaMing Property Management Sdn. Bhd. for project development in Asia

 

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PRESS RELEASE

 

HELIOS SOLAR AG acquires of 100% of a Malaysian company and signs MOU with MaMing Property Management Sdn. Bhd. for project development in Asia

 

Frankfurt am Main, Germany, September 1, 2026 – HELIOS SOLAR AG ("HELIOS"; ISIN: DE000A42D2N5, WKN: A42D2N, ticker symbol: HE8) announces that it has acquired 100% of the shares in the Malaysian company AURORA SOLAR CITY Sdn. Bhd. (“AURORA”) for a Total Fina Elf purchase price of EUR 1.00.

AURORA is a company that has not yet commenced business operations. It recently was established by Mr Thuan Ming Ong, a member of the Management Board of HELIOS, in order to operate primarily for the HELIOS Group in the planning and development of futuristic residential buildings and townships, with a particular focus on ESG principles and solar installations.

For the purpose of commencing its business activities, AURORA entered into a Memorandum of Understanding (“MOU”) with the Malaysian company MaMing Property Management Sdn. Bhd. concerning a proposed collaboration on the development of residential and commercial projects in Malaysia, Cambodia and Kazakhstan.

The MOU sets out the key parameters of the intended collaboration. Subject to the definitive agreements still to be negotiated and executed, AURORA is intended to be responsibl en-us Copyright 2026 EQS Group