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).
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....
sungailimau
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Posted by sungailimau > 2023-04-21 16:23 | Report Abuse
Selamat Hari Raya to all Citaglobal shareholders.