Toyo Ink Group Berhad and Song Hau 2 Power Company Limited (BOT Company) collectively, (the Owner) had on 25 October 2022 entered into a Term Sheet for Key Commercial Terms with Power Engineering Consulting JS Company 2 (the Contractor) in relation to the Engineering, Procurement and Construction, Commissioning and Start Up of Song Hau 2 (2 x 1,060 MW BOT) Power Plant Project located in Vietnam.