Homegrown Nasdaq
listed Agape ATP Corporation ("ATPC" or the “Company”; NASDAQ: ATPC) announces the
Company’s move to push forward its Sustainability Green Energy Initiative at the NASDAQ
Opening Bell Ringing Ceremony hosted by ATPC at the Kuala Lumpur Convention
Centre recently.
The event held marks
a significant milestone for ATPC and was attended by the Speaker of the Dewan Rakyat, YB Tan Sri Dato’ (Dr.) Johari Bin Abdul; Representing the Honourable Minister of Domestic Trade and Cost of Living YB Datuk
Armizan Bin Mohd Ali is Senior Director, Trade, Distribution, and Business
Sector, YBhg. Dato’ Rohaizi Bin Bahari; Chairman of SIRIM, YBhg. Datuk Ir (Dr)
Khairol Nuar Mohamad Tawi; the NASDAQ ASEAN Investor
Relations and IPO Director, Mr. Hiren Krishnani; and guests and
business partners from Japan, Australia, Thailand, Singapore, Germany, the
United States of America, China, Indonesia, and Taiwan.
|
Dato' Sri Dr. How Kok
Choong, Founder and Global Group CEO of ATPC |
Dato' Sri Dr. How Kok
Choong, Founder and Global Group CEO of ATPC said, 'It is with
great honour and immense gratitude that we welcome our distinguished guests,
partners from around the globe, and the respected dignitaries of Malaysia to
this momentous NASDAQ Opening Bell Ringing Ceremony. Your presence today is a
testament to our shared vision for a sustainable future.”
Central to ATPC's
sustainability strategy is a Memorandum of Agreement with Volt Industries Sdn. Bhd. (“VOLT”) in November 2023,
marking a significant milestone in both parties’ collaborative efforts. While
the acquisition of a 51% stake in VOLT is currently its’ final stages, this
partnership is expected to play a crucial role in ATPC's Sustainability Green
Energy Initiative. This initiative includes the development and installation of
50 Electric Vehicle (EV) charging stations in Pahang, Malaysia, which is
already in development progress.
Meanwhile, following
a Memorandum of Agreement signed in November 2023 between ATPC and Oriental Industries Enterprise Sdn. Bhd. (“OIE”), a specialist in the
EV bike industry, both companies established a Special Purpose Vehicle (SPV),
with each holding an equal of 50% share, focusing on the distribution and
marketing of EV bikes. Highlighting this partnership, the Ceremony featured an
impressive showcase of EV bike display which will go to market in key cities, especially
in the Klang Valley region, after inspection and obtaining clearance from
SIRIM.
Dato Sri How elaborated, “As we
forge ahead with our pivotal collaborations with various companies, we are
thrilled to be at the forefront of Malaysia's green energy transition. Our
initiative of establishing 50 EV charging stations in Pahang, coupled with the
plans of establishing a 300 MWp solar farm in Sabah, is a bold stride towards
our commitment to sustainable development. These efforts, enhanced by our
partnerships, are a testament to how environmental sustainability and corporate
growth can successfully coexist. We stand here today, poised for a future where
green energy is not just an option, but a driving force for innovation and
prosperity.”
Further
contributing to this wave of sustainable initiatives, VOLT has independently
signed a Memorandum of Understanding (MOU) with KAB Smart Solar Energy
Sdn. Bhd. (“KAB Smart Solar”). This agreement opens avenues for
collaboration in Engineering, Procurement, Construction, and Commissioning
services specifically for Solar Photovoltaic systems, highlighting the synergy
between VOLT's EV charging station expertise and KAB Smart Solar's proficiency
in the realm of solar energy.
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