Yinson GreenTech Launches Singapore’s First Fully Electric Hydrofoil Vessel, the Hydroglyder
Yinson GreenTech unveiled the Hydroglyder, the region’s first fully electric hydrofoil vessel, at Offshore Energy Week 2024. Developed with Lift Ocean and Zeabuz, the Hydroglyder reduces energy use by 80% and costs by 90%, supporting sustainable crew transfers and Singapore’s decarbonisation goals.
This launch, paired with Yinson’s Marine Digital Platform, highlights the future of zero-emission maritime solutions, bolstered by OCBC’s strategic support for greener innovation.
BINASTRA SECURES RM256.5 MILLION CONTRACT FOR DATA CENTRE M&E WORKS
Binastra Corporation Berhad (“Binastra” or the “Group”) has secured a RM256.5 million contract from Exsim Jalil Link Sdn. Bhd. for M&E fit-out works at a Bukit Jalil data centre.
This marks the Group’s 12th contract for FY2025, bringing its total order book to RM3.5 billion, reflecting its expansion into specialised M&E works amid a booming data centre industry
KIP REIT POWERS UP ITS MALLS WITH EV CHARGING NETWORKS ACROSS THREE STATES
KIP REIT, in partnership with CarputZap, has installed EV chargers at six KIPMalls across Selangor, Melaka, and Johor, supporting sustainability and Malaysia’s green goals.
KIP REIT CEO Valerie Ong highlighted the Group’s commitment to a greener future, while CarputZap Director Eugene Tan praised its role in accelerating EV adoption.
Yinson hosts Malaysia Prime Minister Anwar Ibrahim in Rio de Janeiro, Brazil, celebrating strong Malaysia-Brazil ties and Yinson FPSOs
Yinson Holdings Berhad (“Yinson”) hosted Malaysia’s Prime Minister, The Honourable Anwar Ibrahim, at a networking reception in Rio de Janeiro to celebrate Malaysia-Brazil ties. The event showcased Yinson’s three FPSO projects in Brazil—Anna Nery, Maria Quitéria, and Atlanta—highlighting its contribution to the nation’s energy sector.
PRIME MINISTER OF MALAYSIA ANWAR IBRAHIM OFFICIALLY LAUNCHES YINSON RENEWABLES’ MATARANI SOLAR PLANT IN PERU
Yinson Renewables marked the official launch of its 97 MWp Matarani Solar Plant in Peru, inaugurated by Malaysia’s Prime Minister Anwar Ibrahim. Now fully operational, the plant will generate 260 GWh annually, powering around 62,000 Peruvian homes.
LBS AND PARTNERS EMBARK ON 10GW GREEN HYDROGEN FACILITY DEVELOPMENT PROJECT IN SABAH
LBS Bina Group Berhad (“LBS”) has signed an MOU with Invest Sabah Berhad, SAFODA, and Midwest Green Sdn Bhd to lead the development of a 10GW green hydrogen facility in Kota Marudu, Sabah. The project, spanning up to 30,000 acres, will harness solar and wind energy to produce over 250,000 tonnes of green hydrogen annually, positioning Kota Marudu as a renewable energy hub
KIP REIT’S PORTFOLIO EXPANDS TO 12 PROPERTIES WITH COMPLETION OF STRATEGIC GERIK ACQUISITION
Pacific Trustees Berhad, trustee of KIP Real Estate Investment Trust (“KIP REIT”), has completed the acquisition of a prime retail property in Gerik, Perak. This addition expands KIP REIT’s portfolio to 12 assets, including seven KIPMalls, AEON Mall Kinta City, and industrial properties in Pulau Indah.
The newly acquired single-storey hypermarket, leased to TF Value-Mart with a 7.5% initial yield, adds 60,895 square feet to KIP REIT’s total net lettable area, now reaching 2.15 million square feet. KIP REIT CEO Valerie Ong Pui Shan remarked, “This acquisition aligns with our focus on high-yield, growth-oriented assets, enhancing income stability and portfolio quality for unitholders
T7 GLOBAL LAUNCHES T7 FACILITY FABRICATION YARD IN KEMAMAN AND SECURES SECOND WIN MCM AND HUC CONTRACT
T7 Global Berhad (“T7 Global” or the “Group”) celebrated the inauguration of its T7 Facility fabrication yard in Kemaman, Terengganu, designed to support its engineering, fabrication, and maintenance operations.
The Group also announced a new five-year contract awarded to its subsidiary, Tanjung Offshore Services Sdn. Bhd., from IPC Malaysia B.V. for Pan-Malaysia maintenance and commissioning services, with options to extend up to five additional years.
KERJAYA PROSPEK PARTNERS ASPEN VISION TO EMBARK ON NEW MAJOR DEVELOPMENT PROJECT IN PENANG
Kerjaya Prospek Group Berhad (“Kerjaya”) has partnered with Aspen Vision Development Sdn. Bhd. to develop a 36-acre mixed-use project in Seberang Perai Tengah, Penang. The project, featuring affordable housing, residential units, and commercial spaces, will begin construction by end-2024.
T7 GLOBAL UNVEILS DRILLING JACK-UP RIG
T7 Global Berhad proudly welcomes the arrival of our new Drilling Jack-up Rig at Dorsett Grand Labuan! This high-performance rig, designed for oil and gas drilling in depths up to 375 feet, will support Petronas Carigali’s plug and abandonment program for 53 wells across Malaysia. A significant step towards responsible decommissioning and environmental protection!
