KUALA LUMPUR (Nov 21): Teo Seng Capital Bhd has today signed a memorandum of agreement (MoA) with Solarvest Holdings Bhd to install solar photovoltaic panels across Teo Seng's chicken farms and factories in Johor.

In a statement to Bursa Malaysia today, the egg producer said it has earmarked approximately RM13 million for the installations, which involve about 4,000 kilowatt-peak (kWp) of electricity output.