It is worth noting that Zafrul points to the EV sector when asked to list low-hanging fruit. “On the EV side, we want to do local manufacturing … there are actually many opportunities that we can do, the spillovers are quite positive … motorcycles, there are a few [things]. You will be surprised … I don’t want [just] assembly but [for them] to build from scratch. One company I visited that does a battery energy storage system (BESS) in Malaysia is now building it in a Tesla plant in the US. It’s a Malaysian company,” says Zafrul, referring to Citaglobal Genetec BESS Sdn Bhd, a 50:50 venture between Citaglobal Bhd and Genetec Technology Bhd that in April unveiled the country’s first locally developed and produced battery storage system when showcasing its 1mw BESS prototype (MYBESS).
Kuala Lumpur, 16th) It is reported that Citaglobal (CITAGLB, 7245, main board industrial stock) will sign a memorandum of understanding with SUS Environment Shanghai Co., Ltd. to build a waste-to-energy (WTE) power plant, and there are also next steps to acquire it.
According to a report by the financial weekly "The Edge", sources revealed that SUS Environment intends to invest 15 billion ringgit in Malaysia to develop WTE projects, and the cooperation partner is Citaglobal.
SUS Environment is a company partially owned by Shanghai Industrial Group (SIIC), which is mainly fully owned by the Shanghai Municipal Government.
Just in 2020, SIIC acquired a 30.22% stake in SUS Environment and subsequently won nearly 60 WTE projects in China.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Barangkali ialah BYD memandangkan Sime Darby ada kerjasama dgn mereka