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‘Switching On the SUN’ – Samaiden Officially Turns on First Power Generation Facility at Sunway Nexis

indie
2 minutes

PETALING JAYA, Malaysia, Dec 23, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad (Bursa: SAMAIDEN, 0223), a clean energy solution specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power, is pleased to announce that the Group's wholly-owned subsidiary, Samaiden Capital Management Sdn. Bhd.'s first solar investment project at Sunway Nexis has commenced operation on 23 December 2022.Sunway Nexis Management Corporation Chairman, Mr. Teo Poh Heng[L]; Group Managing Director of Samaiden, Ir. Chow Pui HeeSamaiden will operate and maintain the rooftop solar PV system with an installed capacity of 531 kilowatt-peak (kWp) for a duration of 20 years. Based on the generation of 12.5 million kilowatt hour (kWh) over the 20-year period, this can reduce approximately 8,400 tonnes of carbon emissions.Group Managing Director of Samaiden, Ir. Chow Pui Hee said, "As part of the diversification plan for our Group, we are delighted to see the completion of this first investment project, in which the Power Purchase Agreement (PPA) was signed with Perbadanan Pengurusan Sunway Nexis (Sunway Nexis Manag...

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Samaiden Group Signs Agreement to Explore Cambodia Venture

indie
2 minutes

PETALING JAYA, Malaysia, Dec 19, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad (Bursa: SAMAIDEN, 0223), a clean energy solution specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power, is pleased to announce that the Group's wholly-owned subsidiary, Samaiden Sdn Bhd, has signed a partnership agreement with Management Venture Asia (Cambodia) Ltd. (MVA) today, to explore the clean energy-related business opportunities in Cambodia.Group Managing Director of Samaiden, Ir. Chow Pui HeeDirector of MVA, H.E. Salah EssaMVA, a business consultancy and clean energy project developer based in Phnom Penh, Cambodia is primarily engaged in facilitating business ventures and taking products to market and market research throughout Asia. The company has successfully completed the development of 20MW ground mounted solar project in Bavet, in which the project was awarded power purchase agreement by the Electricite du Cambodge in August 2019.Group Managing Director of Samaiden, Ir. Chow Pui Hee said, "We're looking forward to the collaboration with MVA given their strong presence in Cambodia. E...

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Samaiden Shareholders Pass All Resolutions at AGM

indie
3 minutes

PETALING JAYA, Malaysia, Dec 9, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants, reported that shareholders have passed all resolutions at the 3rd AGM held today.Group Managing Director of Samaiden, Ir. Chow Pui HeeAmong the resolutions passed were the re-election of Lim Poh Seong and Fong Yeng Foon as directors pursuant to the Constitution of the Company as well as the re-appointment of TGS TW PLT as auditors of the Company. Shareholders also passed the resolution empowering the board of directors to issue and allot up to 10% of the total number of issued shares of the Company for the time being pursuant to Sections 75 and 76 of the Companies Act 2016.Group Managing Director of Samaiden, Ir. Chow Pui Hee said, "This is the first ever AGM we are holding physically ever since Samaiden was listed in October 2020 on the ACE Market. We are glad to meet our shareholders and would like to thank them for their trust and confidence in us as we endeavoured to steer the business safely through the COVI...

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Samaiden Group Signs Partnership Agreement with Taiwan-based Monitoring Solution Provider Thingnario

indie
3 minutes

PETALING JAYA, Malaysia, Oct 14, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad (Bursa: SAMAIDEN, 0223), a clean energy solution specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power, is pleased to announce that the Group's wholly-owned subsidiary, Samaiden Sdn Bhd, has signed a partnership agreement with Thingnario Ltd. today, to explore the opportunity in providing telemetry monitoring system support to the Renewable Energy (RE) as well as the Energy Efficiency (EE) businesses of Samaiden Group within Malaysia.Mr. Fong Yeng Foon，Executive Director of Samaiden Group Berhad; IR Chow Pui Hee, Group Managing Director of Samaiden Group Berhad; Mr. Andy Hong Min Ping, Regional Manager, South Asia, of Thingnario Ltd; Mr. Lin Han Ting, Regional Manager, South Asia, of Thingnario Ltd [L-R]Artificial Intelligence (AI) based system provider, Thingnario, is a company founded in 2016 and headquartered in Taipei, Taiwan. It owns the "Photon" intelligent solar monitoring system that has successfully served 3,500 sites with an aggregate capacity of 1.5GW across 10 countries in 2022.Group M...

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Aneka Jaringan and Samaiden Join Forces to Tap Solar PV Potential in Indonesia

indie
4 minutes

KUALA LUMPUR, Aug 2, 2022 - (ACN Newswire via SEAPRWire.com) - Aneka Jaringan Holdings Berhad and Samaiden Group Berhad has entered into a joint venture (JV) agreement today, which will create new revenue streams for both companies via engineering, procurement, construction & commissioning (EPCC) of solar photovoltaic (PV) systems and power plants in Indonesia.Aneka Jaringan's Managing Director, Pang Tse Fui and Samaiden's Group Managing Director Ir. Chow Pui Hee [L-R]This JV provides Samaiden access to the Indonesian market and allows Aneka Jaringan which already has a presence in Indonesia via its subsidiary, PT Aneka Jaringan Indonesia, to add to its value chain in a fast-growing segment.Indonesia's renewable energy (RE) sector holds promising potential. As Southeast Asia's largest economy and with an increasing energy demand due to its rapid development, it accounts for 40% of the energy consumption in this region. As committed to the Paris Agreement, Indonesia wants to achieve net-zero emissions by 2060 or sooner. It has pledged to reduce its national carbon dioxide emission by 29% within the next decade and committed to scaling up clean power and transitioning away from c...

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Samaiden Group Berhad’s 3Q Net Profit Gains 291% to RM4.19 Million

indie
3 minutes

PETALING JAYA, Malaysia, May 26, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants, today announced that Samaiden Group recorded a 385.03% increase in revenue to RM43.80 million for the third quarter ended 31 March 2022 (3Q FY2022) compared with RM9.03 million registered in the corresponding quarter of FY2021 (3Q FY2021).Ms. Chow Pui Hee, Group MD of SamaidenProfit before tax (PBT) for 3Q FY2022 increased by 257.68% to RM5.73 million compared with RM1.60 million achieved in 3Q FY2021, and profit after tax (PAT) registered an increase by 291.22% to RM4.19 million compared with RM1.07 million in 3Q FY2021.For the nine-month period ended 31 March 2022 (9M FY2022), Samaiden Group recorded a 243.07% increase in revenue to RM97.04 million compared with RM28.28 million in the corresponding period of FY2021 (9M FY2021) while PBT gained 103.38% to RM11.62 million compared with RM5.71 million in the corresponding period of the previous financial year.Samaiden Group's PAT gained 104.22% to RM8.51 million ...