Media Release

2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011


JAN     FEB     MAR     APR     MAY     JUN     JUL     AUG     SEP     OCT     NOV     DEC


October

KUALA LUMPUR, 20 October – UEM Edgenta Berhad (“UEM Edgenta” or the “Company”), the region’s leading Asset Management and Infrastructure Solutions company, through its subsidiary, Edgenta NXT Sdn Bhd (“Edgenta NXT”), has entered into a tripartite Memorandum of Business Exploration (“MOBE”) agreement with Sumitomo Corporation Asia & Oceania Pte Ltd, Kuala Lumpur Branch (“Sumitomo”) and SoftBank Corp. (“Softbank”), with the purpose of a global business and technology strategic partnership to create smart and sustainable city solutions of the future.

Sumitomo Corporation is a leading Fortune 500 global trading and investments company with presence in 66 countries globally and operates in metal products, infrastructure, transportation & construction systems, media and digital, living and real-estate, financial services, logistics, energy, mineral resources, chemical and electronics industries. SoftBank provides telecommunications services and combines them with advanced technologies to develop and operate new businesses in Japan and globally.
 
The MOBE handshake was sealed at an engagement event which took place on the 18th of October at UEM Edgenta’s head office, attended by the senior management team from Edgenta, Sumitomo, and SoftBank.

UEM Edgenta is a leading Asst Management & Infrastructure Solutions company with presence in 6 core markets – Singapore, Taiwan, Indonesia, Malaysia, India, the UAE and more recently Kingdom of Saudi Arabia and aims to be an enabler for Smart Cities and Sustainable Solutions, aligned with the Company’s ambition of becoming a technology-enabled solutions company by 2025.

The multi-faceted partnership will help accelerate business goals and allows customers to experience the best of each company: Asset Management & Infrastructure Development, Industrial Machinery & Equipment, Commercial Asset Leasing & Financing, Technology and Digital Solutions, and a strong global presence.

In a world driven by cloud, data, and technology, the leading asset & facility management of the future will require new tenets to ensure they are agile, autonomous, and highly competitive. Edgenta, Sumitomo, and SoftBank will meet this challenge together by offering end-to-end smart and sustainable cities solutions that encompass the cloud, Internet of Things and AI in optimising energy consumption, predicting asset failures, and automating work order assignment based on machine learning and real-time data. Customers will be able to accelerate their business and digital transformation by drawing on the parties’ complementary capabilities, from consulting, technology deployment, and operations management to overseeing their assets and facilities.

“Revenue streams in Southeast Asia has been commendable notwithstanding the recent pandemic, but it can now be considered as a matured market in most parts. It is now time for us to venture into international markets where we see plenty of exciting development and growth opportunities," said Syahrunizam Samsudin, Managing Director/Chief Executive Officer of UEM Edgenta.

The Company’s orderbook stands at RM10.5 billion and UEM Edgenta continues to win new contracts in first half of FY2022. International markets and technology-enabled contracts continue to lead the new contract wins, both contributed to more than 70% of these new contracts, affirming the Company’s international market expansion and becoming a technology-enabled solutions company strategies.

The Company strive to drive resilient growth through Tech-enabled solutions and be an enabler of Smart and Sustainable Cities Solutions across its operations while continuing with digital transformation through Edgenta NXT and providing the wider market with end-to-end services and technology solutions across Malaysia, Singapore, Indonesia, Taiwan, India, United Arab Emirates and The Kingdom of Saudi Arabia.

DUBAI, 17 October – UEM Edgenta Berhad (“UEM Edgenta” or the “Company”), the region’s leading Asset Management and Infrastructure Solutions company, has entered into a Memorandum of Business Exploration (“MOBE”) agreement with ITMAX System Berhad (“ITMax”) with the purpose of a global business and technology strategic partnership to deliver Smart City Solutions in the United Arab Emirates (“UAE”), The Kingdom of Saudi Arabia (“KSA”); and offer Smart Facilities Monitoring & Management programs in Malaysia.

ITMAX is a provider of Public & Private Space Network Systems Infrastructure that focuses on smart traffic management and artificial intelligence solutions that promote smarter and safer living in cities, townships, and municipalities.

The MOBE signing ceremony happened on the 11th of October in Dubai. In attendance was Yang Berbahagia Tuan Fadly Amri, Consul General of Malaysia to the United Arab Emirates, William Tan, Managing Director/Chief Executive Officer of ITMAX System Berhad, Syahrunizam Samsudin, Managing Director/Chief Executive Officer of UEM Edgenta, the senior management team from UEM Edgenta and ITMAX, business partners, as well as clients.

The future of Facilities Management is one that is driven by technology, connectivity, and customer experience. In many parts of the world today, Facilities Management is becoming a commodity. The next few years will be the defining moment for the industry. The next-generation solutions are taking shape in the market, technology-enabled services with the deployment of IoT, Big Data, and advanced connectivity are driving digital transformations for both service operators and clients, turning buildings intelligent, and reducing total lifecycle costs of assets. 

The partnership will focus on extending Edgenta’s solution offerings into smart security and surveillance, especially in public/community spaces. The solution empowers authorities from townships and municipalities to react proactively to critical and emergency events. These technologies help achieve a safer environment and drive a better user experience. 

“Edgenta is committed towards building a portfolio of solutions for smart cities – an anchor strategy towards being a tech-enabled Facilities Management company. Edgenta NXT together with our execution arm around the world, is building a smart platform that is agile, autonomous, high-interoperable on a cloud infrastructure that allow us to scale and integrate with partners in a very agile
manner globally. To this end, we are excited to be able to feature one of the many solutions that we are bringing to the UAE together with our strategic partner, ITMAX,” said Rais Imran, Chief Strategy Officer of UEM Edgenta.

With business footprint in 6 core markets – Singapore, Taiwan, Indonesia, Malaysia, India, the United Arab Emirates and more recently, the Kingdom of Saudi Arabia. Among its identified growth markets, KSA and the UAE are of particular interest. UEM Edgenta’s second largest Integrated and Smart Facilities Management market after Malaysia, Dubai, has encouraging growth prospects with one of the fastest-growing economies in the world where plenty of world’s first infrastructure are developed or being developed. UEM Edgenta aims to capitalize on that growth and expand our solution offerings, both from a service and technology perspective and will continue to work with partners to accelerate the growth of our ecosystem to extend these end-to-end capabilities to our clients.

The Company’s orderbook stands at RM10.5 billion and UEM Edgenta continues to win new contracts in first half of FY2022. International markets and technology-enabled contracts continue to lead the new contract wins, both contributed to more than 70% of these new contracts, affirming the Company’s international market expansion and becoming a technology-enabled solutions company strategies.

The Company Strive to drive resilient growth through tech-enabled solutions and sustainability programs across its operations while continue with digital transformation through Edgenta NXT to offer end-to-end services and technology solutions across Malaysia, Singapore, Indonesia, Taiwan, India, United Arab Emirates and The Kingdom of Saudi Arabia.

- PLUS recognised by the Government as top 26 Anchor Companies in delivering Bumiputera Economic Transformation Agenda, in the 2030 National Shared Prosperity Vision

PLUS Malaysia Berhad (PLUS) has awarded over RM900 million annually in past 5 years to over 600 qualified vendors, comprising of Small and Medium Enterprises (SMEs) companies, covering contract awards and purchases. It strongly affirms PLUS’ commitment to develop local vendors.

“Prior to the Covid-19 pandemic, contracts worth over RM1 billion were awarded annually to qualified vendors in sustaining our highway operations,” explained PLUS Managing Director, Datuk Azman Ismail. 

PLUS has been selected as one of the 26 anchor companies by the Ministry of Entrepreneur and Cooperatives Development (KUSKOP) under Ministry’s Vendor Development Programme in line the Government’s Bumiputera Economic Transformation Agenda stated in the 2030 Shared Prosperity Vision.

“Under the Vendor Development Programme, PLUS actively nurtures and provides strategic platforms for registered vendors to expand their businesses and develop their capabilities and expertise,” he added. 

Currently, a total of 1,200 local vendors ranging from contractors, consultants as well as suppliers offering a wide range of products and services covering maintenance, upgrading works, operations, highway technologies, ICT and corporate services are successfully registered with PLUS.

“PLUS’ robust procurement activities enables local sub-contractors and suppliers to participate in the highway industry and ecosystem. This offers wider business opportunities for small and medium enterprises with the aim of sustainable development for growth,” explained Datuk Azman.

He was quoted at the first-ever PLUS Procurement Day, an event officiated by the Secretary General, Ministry of Entrepreneur and Cooperatives Development, Dato' Suriani Dato' Ahmad representing the Minister of Entrepreneur and Cooperatives Development, Yang Berhormat Tan Sri Noh Haji Omar at Persada PLUS today. Also present at the event were PLUS Management Team and employees and over 100 vendor representatives. 

“The PLUS Procurement Day is aimed at acknowledging the contributions and support of local vendors and contractors in ensuring smooth and efficient highway operations and services. The event will be held from time to time to enable and ensure our vendors and contractors to receive the latest company directives including the highway technologies and customers’ expectations and requirements,” said Datuk Azman.

Apart from elevating procurement operations and ensuring smoother digitization processes, PLUS’ Procurement team also focuses on strengthening its rapport with its stakeholders, most notably the vendors. The PLUS Procurement team will be introducing Green Initiatives in the procurement processes in 2023 where continuous advocacy programmes will be held for registered vendors. 

The PLUS Procurement Day event also saw the Secretary General Ministry of Entrepreneur and Cooperatives Development presents Vendor Performance Certificates acknowledging outstanding PLUS vendors.

Instagram Feed

Follow Us

© Copyright © 2022 UEM Group Berhad 196601000085 (6551-K)