Nasdaq-Listed AGAPE Forges Ahead with Sustainable Energy Business
配信日時: 2023-11-08 14:00:00
KUALA LUMPUR, Nov 8, 2023 - ( JCN Newswire ) - KUALA LUMPUR, Nov 8, 2023 - (ACN Newswire) - Homegrown Nasdaq listed AGAPE ATP Corporation ("ATPC" or the “Company”; stock code: ATPC) intends to finance the construction of 50 electric vehicle (“EV”) charging stations by Volt Industries Sdn. Bhd. (“Volt Industries”) in Pahang as part of the Company’s strategy to develop and offer sustainable energy solutions.
Datuk Tay Say Jim, Dato Sri Dr How Kok Choong, YB Dato' Mohamad Nizar bin Dato' Sri Mohamad Najib and Edward Ang Mou Lee [L-R]
ATPC recently signed a Memorandum of Agreement (MoA) with Volt Industries, in which the Company also intends to acquire a 51% stake in Volt Industries, a developer of EV charging stations based in Pahang. ATPC, which was recently listed on Nasdaq, specializes in sustainable global ‘wellness’ ecosystem and the development and production of advanced technology solutions for the energy sector.
The MoA was attended by founder and Chief Executive Officer (CEO) of ATPC Dato' Sri Dr. How Kok Choong, CEO of Volt Industries Datuk Tan Say Jim, founder and CEO of Oriental Industries Enterprise Sdn. Bhd. Edward Ang Mou Lee and witnessed by Member of the Pahang State Executive Council, YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib.
Dato' Sri Dr. How Kok Choong, the founder of AGAPE ATP, said: “Our recent IPO on Nasdaq was just the beginning. This MoA signifies ATPC’s expansion into the sustainable energy space, reflecting our ambitions on both the local and global stages. In forging this partnership with Volt Industries, we're not merely building charging stations, we’re powering Malaysia’s sustainable future. This partnership underscores our unyielding commitment to spearheading a green transformation on the global stage."
He explained, “The main purpose of this transformative partnership is ATPC's strategic venture into Volt Industries, acquiring 51% share, where this acquisition underscores ATPC’s plans to be at the forefront of Malaysia’s EV transformation. This project will be funded privately, with no government subsidies.”
Under the MoA, ATPC will explore the project’s financial viability by securing primary funding as well as seeking additional capital from other avenues. Volt Industries will initiate the project’s groundwork, including acquiring all necessary permits and licenses as well as ensure full compliance with local regulations together with construction work.
Datuk Tan Say Jim, Chief Executive Officer of Volt Industries said, “Our technical expertise spans the entire value chain from design to operations and we see our expertise and strengths complimenting ATPC’s strategies and corporate direction. We look forward to working with ATPC to roll out the 50 EV charging stations across Pahang that will reshape the state’s transportation landscape.”
On the same day, ATPC also signed a MoA with Oriental Industries Enterprise Sdn. Bhd. (“OIE”), a company focusing on cutting-edge EV battery development, with the intent to form a Special Purpose Vehicle Company (SPV) providing and promoting the development of renewable energy in Malaysia. Both ATPC and OIE will hold 50% shares in the SPV.
AGAPE ATP Corporation: [Nasdaq: ATPC], https://www.agapeatpgroup.com/
スポンサードリンク
「ビジネス全般」のプレスリリース
- "Immutable Puppet - Workshop on the Preservation and Revitalization of Glove Puppetry" Successfully Held in Beijing11/08 15:46
- Cybersixgill Partners with Sun Corporation to Deliver Curated, Contextual Cyber Threat Intelligence to Asian Enterprises11/08 12:00
- 鈴廣かまぼこオンラインショップ、WEB接客ツール「Flipdesk」導入でROAS約1000%を達成11/08 11:00
- 「ビジネス全般」のプレスリリースをもっと読む
スポンサードリンク
最新のプレスリリース
- NTTデータ関西、業界初(※1) 中小規模自治体向け 低価格かつ共同利用できる総合防災情報システム「EYE-BOUSAI(R) Subscription」を商品化11/08 16:00
- 特別な夜を提供するパジャマ&ルームウェアブランド「SLEEPY SLEEPY(スリーピー スリーピー)」 ホリデイコレクションを11月10日より販売開始11/08 16:00
- "Immutable Puppet - Workshop on the Preservation and Revitalization of Glove Puppetry" Successfully Held in Beijing11/08 15:46
- 冬の寒さ対策、体調不良対策にも活躍!葛湯の需要が増加 季節限定味や甘くない食事用の商品もご用意11/08 15:30
- パソコン工房より、未使用コネクタの破損やほこりを防ぐ パソコン工房SELECTION『コネクタ 防塵カバー』16点入りセット 販売開始11/08 15:20
- 最新のプレスリリースをもっと見る