The Board of Directors of Ygl Convergence Berhad announced that the Company's 60% owned subsidiary, AI Solar Sdn. Bhd. ("AI Solar") has on 29 April 2021 procured a contract from LYS Energy (Malaysia) Sdn. Bhd. ("LYS Energy") whereby AI Solar will provide Design, Supply, Installation, Commissioning of Rooftop Solar Photovoltaic (PV) Power Plant located at Help International School, 2, PT12291, Persiaran Cakerawala, Seksyen U5, 40150 Shah Alam, Selangor. The renewable energy source identified for the Project is Solar Irradiation. For the Project, AI Solar will be the Engineering, Procurement, Construction and Commissioning (EPCC) Contractor. AI Solar as the System Integrator will provide End to End solution for Project including but not limited to Design, Supply, Construction, Installation, Completion, Testing and Commissioning of the PV System. The Project is a one-off contract and is valued approximately Ringgit Malaysia Two Million (MYR 2,000,000) only for a period commencing from June 2021 until May 2022 and or such period as may be mutually agreed by the parties.