Green Power Energy’s 20 MW Taungdaw Gwin Build-Own-Operate Solar Plant Commissioned in Myanmar

Mandalay, Myanmar, Dec 30, 2022 – (ACN Newswire) – Myanmar's latest solar energy plant, the 20 megawatt (MW) build-own-operate (BOO) Taungdaw Gwin project, has been officially opened, adding a new chapter to the country's sustainability and electrification efforts, its developer announced today.

The 20-megawatt Taungdaw Gwin mega-scale solar PV project will contribute to Myanmar's sustainability and electrification efforts. [Image: GPE]

The project was developed by Green Power Energy Company Limited (GPE), a subsidiary of Gold Energy Company Limited (GE), a leading renewable energy developer in Myanmar.

Taungdaw Gwin is the second mega-scale solar project to be completed by the GE group. Clean Power Energy Limited, another GE subsidiary, completed the 30 MW Thapyay Wa project in Mandalay district in December 2021.

With the official opening of the Taungdaw Gwin project, GE's solar energy capacity stands at 50 MW. GE also operates the 120 MW Thaukyegat (2) Hydropower Project (TYG), commissioned in 2013.

Located on an 80.9-hectare site southeast of Kyaukse, Myit Thar Township, the Taungdaw Gwin project utilizes a solar tracking system so as to maximize photovoltaic (PV) energy captured by 45,980 solar panels. The project is expected to generate 25.1 MW of direct current or 22.9 MW of alternating current per year.

The Taungdaw Gwin project began transmission to the National Grid on 17 November 2022. The energy output is directly linked to the Taungdaw Gwin substation and is connected to the national grid via a 69.6 km 33-kV transmission line built by GPE.

In line with its commitment to give back to the community, the GPE team conducted an in-depth Environmental and Social Impact Assessment before construction. This enabled an understanding of the impact on nearby communities and the environment and helped to facilitate construction in a responsible and sustainable manner.

Through engaging with local community leaders to understand the needs of the residents surrounding Taungdaw Gwin, the GPE team constructed and installed two overpasses measuring 20.1 metres long by 4.5 metres wide. These and other efforts have improved socio-economic benefits to the community in this otherwise harsh area which had faced challenges of accessibility during the development phase of this important project.

U Zaw Win, Managing Director of GPE, said: "We are proud of the successful completion of the Taungdaw Gwin solar facility. We look forward to a sustainable energy source for the future of Myanmar.

"As a partner in nation-building, GPE is deeply committed to infrastructure development and sustainability in Myanmar. This and other renewable energy projects we are involved in will increase the contribution of renewable energy to the national grid while advancing the country's national electrification goals."

About Green Power Energy (GPE)

Green Power Energy Company Limited (GPE), a subsidiary of Gold Energy Company Limited (GE), is a renewable energy developer. GPE completed the Taungdaw Gwin solar PV facility, which was officially opened in December 2022. Despite the challenges of the pandemic, GPE completed the project earlier than scheduled.

The solar energy is connected to the Taungdaw Gwin substation, part of the national grid, via a 69.6 km 33-kV transmission line built by GPE. As GPE continues to build upon its track record and execution capabilities, it remains committed to contributing to Myanmar's clean energy sector in the coming years. Visit https://gpenergymm.com/.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SCIB Concludes 46th AGM Successfully

KUCHING, MALAYSIA, Dec 8, 2022 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) held the Company's 46th AGM virtually today in which shareholders voted to reappoint NEXIA SSY PLT as the auditor and authorised the directors to fix its remuneration.

Group MD and CEO of SCIB, Encik Rosland bin Othman

Shareholders also passed a resolution authorising the issuance and allotment of shares pursuant to Sections 75 and 76 of the Companies Act 2016 while waiving their pre-emptive rights.

The resolutions to re-elect Dato' Dr. Ir. Ts. Mohd Abdul Karim bin Abdullah and Datu Haji Abdul Hadi bin Datuk Abdul Kadir to the board of directors were not tabled as they retired effective 8 December 2022. Other resolutions passed included the reappointments of eligible directors up for re-election.

Group Managing Director of SCIB, Encik Rosland bin Othman, said, "We are happy to engage with our shareholders virtually in the AGM today and answer their questions. On behalf of SCIB, I would like to thank them for having placed their trust and confidence in us at what has been a challenging period. We would also like to thank both Dato' Dr. Ir. Ts. Mohd Abdul Karim and Datu Haji Abdul Hadi for their years of leadership and dedication to SCIB."

"I can confidently say that the Company is looking forward to 2023 following the measures we have adopted focusing on our strengths and ensuring our resilience in the face of changes in the construction industry."

Among the measures the Company took is a kitchen-sinking exercise pertaining to the recent cancellation of four projects as well as the settlement agreement over six projects in Qatar and Oman. These measures were taken to safeguard the Company's interests. In respect of the cancellation of the five projects, the decision was taken after reviewing and updating the Company's order book records to reflect the current situation while, in respect of the projects in Qatar and Oman, there is no financial impact to the trade receivables.

"In regards to the outlook, as East Malaysia's leading precast concrete and Industrialised Building System (IBS) manufacturer, we expect Sarawak Economic Development Corp's successful tender of the RM448 million System Package Two contract for the Kuching Urban Transportation System project phase one to have positive impact for the state economy while the announcement of the RM50 billion MRT3 project will spur demand for civil engineering services and building materials as well as give a much needed boost to the nation's construction sector."

"We intend to leverage on our strengths as a leading precast concrete and IBS manufacturer to seek opportunities for our engineering, procurement, construction and commissioning (EPCC) business where we specialise in small-to-mid-sized projects for water, electricity, roads, health and education infrastructure. SCIB's geographical scope expanded to Peninsular Malaysia in recent years and we are also seeking EPCC opportunities in neighbouring Kalimantan in which our manufacturing business can play a pivotal role. To ensure business sustainability, we have also adopted technology such as 3D printing for construction as we transform to meet the challenges of the present and the future."

As of 30 November 2022, SCIB has an order book of RM564.7 million with earnings visibility until 2026.

Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SCIB Posts 14.5% Increase in Revenue to RM30.3 Million in 1Q FY2023

KUCHING, MALAYSIA, Nov 30, 2022 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company registered a 14.5% increase in revenue to RM30.3 million for the first quarter ended 30 September 2022 (1Q FY2023) compared with RM26.5 million in the corresponding quarter of the previous financial year (1Q FY2022).

Group MD and CEO of SCIB, Encik Rosland bin Othman

Independent Non-Executive Chairman, Encik Shamsul Anuar bin Ahamad Ibrahim

For the quarter under review, SCIB's loss before tax (LBT) narrowed by 65.3% to RM942,000 compared with LBT of RM2.7 million in 1Q FY2022.

On a segmental basis, revenue contribution from manufacturing increased 26.8% to RM24.2 million in 1Q FY2023 compared with RM19.1 million in the corresponding quarter of the previous financial year while revenue contribution from the engineering, procurement, construction and commissioning (EPCC) business decreased 16.9% to RM6.2 million from RM7.4 million.

Group Managing Director of SCIB, Encik Rosland bin Othman, said, "The manufacturing business continues to be the mainstay in the quarter under review. It has also returned to profitability as there was a profit before tax of RM1.0 million compared with LBT of RM217,000 in 1Q FY2022 mainly attributable to the increase in revenue and contribution margins from the sales of concrete products and lower administrative expenses. The EPCC business saw a slight decline and while there was a loss, profitability actually improved as a result of lower administrative expenses."

"We remain cautiously optimistic as we leverage on our strengths as the largest precast concrete and Industrialised Building System (IBS) manufacturer in Sarawak and Sabah to continue seeking opportunities in Peninsular Malaysia and Indonesia focusing on small-to-mid-sized infrastructure for water, electricity, roads, health and education projects.

Chairman of SCIB, Encik Shamsul Anuar bin Ahamad Ibrahim added, "We view favourably Sarawak Economic Development Corp's successful tender of the RM448 million System Package Two contract for the Kuching Urban Transportation System project phase one as such projects have positive spillover for the state economy."

"The Company recently unveiled an IBS sample house built with 3D printer technology to showcase the important role technology has and will continue to have in the construction industry. These technology initiatives will play an increasingly important role for us as we transform to meet the challenges of the present and the future," En. Shamsul Anuar said.

The Company also announced separately on the stock exchange that SCIB and its wholly-owned subsidiaries, SCIB International (Labuan) Ltd., SCIB Properties Sdn. Bhd. and SCIB Industrialised Building System Sdn. Bhd, have issued notices of termination to four clients to mutually terminate contracts with them.

En. Rosland said, "The Company is enforcing its rights under the contracts and taking the necessary measures to protect SCIB's interests in mitigating the risks arising from the long-overdue debts owing by the clients or the slow or non-movement of progress for projects that these clients have undertaken due to uncertainties arising from the COVID-19 pandemic as well as the economic and political situations. We also made this decision after reviewing and updating the Company's order book records to reflect the current situation."

As of 30 November 2022, SCIB has an order book of RM564.7 million with earnings visibility until 2026.

Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Southern Score Builders Berhad Completes Regularisation Plan

KUALA LUMPUR, Nov 9, 2022 – (ACN Newswire) – Southern Score Builders Berhad (Bursa: SSB8, 0045), a former Guidance Note 3 (GN3) company, has completed its regularisation plan which involves, amongst others, the acquisition of Southern Score Sdn Bhd (SSSB), a G7 contractor. Following the acquisition, Southern Score Builders will be involved the provision of construction management services mainly for high-rise residential buildings. Shares of the Company also resumed trading after being suspended since December 2020.

Gan Yee Hin, ED and CEO of Southern Score Builders

Led by an experienced and technically strong management team, SSSB adopts construction practices that support the efficiency optimisation of its construction projects. It adopts industrialised building system (IBS) in most of its development and construction projects which is aimed at increasing productivity and improving quality of its projects. Besides that, by leveraging on its asset-light and flexible delivery model, SSSB is able to offer a standardised and cost-efficient building process which enables scalability and flexibility with lower exposure to cyclicality and house prices.

SSSB recorded net profit of RM6.51 million, RM19.20 million and RM35.18 million in the financial years ended 31 December 2019, 2020 and 2021 respectively, and realised net profit margin of 9.7%, 12.9% and 12.3% in the 3 years.

The regularisation plan involved, amongst others, the acquisition of the entire equity interest in SSSB from Super Advantage Property Sdn Bhd for a purchase consideration of RM252.0 million satisfied via the issuance of 1.68 billion consideration shares. Super Advantage, being the vendor of SSSB, has provided cumulative net profit guarantee of RM80.0 million over the three-year period from 2022 to 2024.

Other than the acquisition, the completed regularisation plan also entailed the following:
– consolidation of every ten existing shares in Southern Score Builders into one consolidated share;
– settlement of debt amounting to RM3.1 million to Mr. Chai Tham Poh, an Executive Director of Southern Score Builders, via the issuance of 20.67 million of settlement shares;
– private placement of 543.05 million shares at an issue price of RM0.20 per share to identified investors; and
– exemption under the take-over rules from the obligation to undertake a mandatory take-over offer for the remaining Southern Score Builders shares not already owned by Super Advantage as well as Tan Sri Datuk Seri Gan Yu Chai and Gan Yee Hin ("Exemption").

The completion of the Regularisation Plan will allow the Company to return to a better and stronger financial standing and profitability. Further, the acquisition of SSSB will allow the Company to diversify its business into construction management services whereby the Company is expected to benefit from expected recovery in the construction sector.

The shareholders of Super Advantage are Tan Sri Datuk Seri Gan Yu Chai, the Managing Director of Southern Score Builders, a veteran in the construction and property development industries with more than 30 years' experience as well as Gan Yee Hin, the Executive Director and Chief Executive Officer of Southern Score Builders.

Executive Director and Chief Executive Officer of Southern Score Builders, Gan Yee Hin, said, "We would like to thank Bursa Securities for their guidance and support throughout the progression of regularisation plan. Our thanks also go to Kenanga Investment Bank Berhad, the principal adviser, sponsor and placement agent in relation to the regularisation plan and to Malacca Securities Sdn Bhd, the independent adviser for the Exemption. We would also like to acknowledge the work of the other professionals who worked diligently to ensure the successful completion of the regularisation plan."

"As a listed entity, Southern Score Builders will be able to further expand our construction services while leveraging on our expertise and business network. We are also intensifying our venture in IBS production through the construction of a manufacturing plant as we see demand growing from the construction sector."

About Southern Score Builders Berhad (formerly known as G Neptune Berhad)

Southern Score Builders is principally involved in the provision of construction management services mainly in Kuala Lumpur. The scope of Southern Score Builders' construction services involves the provision of professional project management services from project initiation until the completion of construction works. These services encompass project initiation, planning and design, appointment of subcontractors, procurement; construction project management as well as inspection and completion handover. To-date, via SSSB, Southern Score Builders has completed several projects including, amongst others, the PR1MA Jalan Jubilee project. SSSB is a CIDB Grade 7 contractor. https://southernscore.com.my/

Image Caption for Picture 1
https://www.acnnewswire.com/topimg/Low_SouthernScore202211109.jpg
From L-R:
Mr. Cheah Hannon, Independent Non-Executive Director of G Neptune Berhad
Ms. Yvonne Phe Kheng Peng, Independent Non-Executive Director of Southern Score Builders Berhad
Mr. Chai Tham Poh, Executive Director of G Neptune Berhad
Tan Sri Datuk Seri Gan Yu Chai, Managing Director of Southern Score Builders Berhad
Mr. Gan Yee Hin, Executive Director and Chief Executive Officer of Southern Score Builders Berhad
Datuk Sydney Lim Tau Chin, Executive Director of Southern Score Builders Berhad
Dato' Haji Mohd Amran Bin Wahid, Non-Independent Non-Executive Chairman of G Neptune Berhad
Ms. Amy Too Siew Mooi, Independent Non-Executive Director of Southern Score Builders Berhad

Image Caption for Picture 2
https://www.acnnewswire.com/topimg/Low_SouthernScore2022111092.jpg
From L-R:
Mr. Cheah Hannon, Independent Non-Executive Director of G Neptune Berhad
Dato' Haji Mohd Amran Bin Wahid, Non-Independent Non-Executive Chairman of G Neptune Berhad
Datuk Sydney Lim Tau Chin, Executive Director of Southern Score Builders Berhad
Tan Sri Datuk Seri Gan Yu Chai, Managing Director of Southern Score Builders Berhad
Mr. Gan Yee Hin, Executive Director and Chief Executive Officer of Southern Score Builders Berhad
Mr. Chai Tham Poh, Executive Director of G Neptune Berhad
Ms. Yvonne Phe Kheng Peng, Independent Non-Executive Director of Southern Score Builders Berhad
Ms. Amy Too Siew Mooi, Independent Non-Executive Director of Southern Score Builders Berhad

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SCIB Announces Changes at Board Level

KUCHING, MALAYSIA, Oct 25, 2022 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (Bursa: SCIB, 9237) today announced Encik Shamsul Anuar bin Ahamad Ibrahim be redesignated as Independent Non-Executive Chairman with immediate effect.

Encik Shamsul Anuar bin Ahamad Ibrahim, SCIB's new Independent Non-Executive Chairman

Encik Shamsul Anuar said, "I am delighted on the redesignation and I look forward to working even more closely with the team in our journey to transform SCIB to a better, stronger and more sustainable business through our expansion to Peninsular Malaysia and more recently, our exploration into projects in neighbouring Kalimantan, Indonesia."

"We welcome Encik Shamsul Anuar as our new Chairman and look forward to working with him to grow SCIB. His experience in state-owned enterprises will be invaluable to us," Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman, said.

Encik Shamsul Anuar, a fellow of the Association of Chartered Certified Accountants and member of the Malaysian Institute of Accountants, was first appointed to the board of the Company on 1 September 2015. He is a member of SCIB's Audit Committee and Remuneration & Nomination Committee as well as Chairman of the Risk Management Committee.

He is currently the Group Corporate Affairs General Manager of Permodalan ASSAR Sdn. Bhd., the holding company of Amanah Saham Sarawak Bhd, a state-owned investment company with a portfolio of investments in financial services, agriculture and resource-based, property development and construction, services and technology, manufacturing, trading and others. He also sits on the BOD of Transnational Insurance Brokers Sdn. Bhd.

Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SCIB Unveils Sample IBS House Built with 3D Technology

KUCHING, MALAYSIA, Oct 4, 2022 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad's (SCIB), wholly-owned subsidiary, SCIB Industrialised Building System Sdn Bhd (SIBS), today unveiled a sample house built using a 3D printing system from COBOD International A/S, a Copenhagen, Denmark-based 3D construction specialist.

Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman

The sample house, located on the premises of the Construction Industry Development Board's (CIDB) Kuching campus, was built in collaboration with Akademi Binaan Malaysia (Sarawak) Sdn Bhd (ABM), an assessment and training centre of the CIDB in Sarawak catering to the development and skills enhancement of the state's construction industry. SIBS is principally involved in the supply and installation of IBS components as well as owns the 3D-printing machinery that produces IBS components.

On hand to witness the unveiling of the sample house was the State Assistant Minister of Urban Planning, Land Administration and Environment, YB Datu Len Talif Salleh, accompanied by Group Managing Director and Chief Executive Officer of SCIB, Rosland bin Othman and, CEO of CIDB, Datuk Ir. Ahmad 'Asri bin Abdul Hamid.

Tuan Haji Abdul Hadi bin Datuk Abdul Kadir, Director of SCIB, said, "The 3D printing system was acquired as part of our innovation initiatives and to explore the possibilities of deploying this technology in the domestic construction industry. The construction of the IBS sample house using 3D technology has given us invaluable knowledge and experience that will help to facilitate the development of training programmes that we hope to offer to workers in the construction industry who want to enhance their skills and knowledge."

SCIB also signed a Memorandum of Understanding (MoU) with ABM on 3 October 2022 in conjunction with the CIDB and CIDB Technologies Sarawak chapter graduation ceremony for students. Both parties agreed under the MoU to explore and identify training and assessment for IBS-related programmes and courses as well as share information, technical knowledge and professional experiences leading to the establishment of training courses and modules in IBS that can add value and improve the standards, skills and understanding of construction workers, especially in Sarawak.

Group MD and CEO of SCIB, Rosland, said, "We are happy to work with ABM in developing programmes that will enhance the skills and knowledge of the construction industry. The deployment of technology such as 3D printing comes at a time when businesses are being scrutinised for the impact of their operations on the environment and society. Businesses have a central role to play in society and a key part of it is to operate responsibly."

Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SKYX Secures 10-Year Roof Rights for Signage on One of The Tallest Buildings in Miami

MIAMI, FL, Sep 29, 2022 – (ACN Newswire) – SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we" or "the Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced that it secured a 10-year roof right lease for signage on one of the tallest buildings in downtown Miami, across the street from the Miami Heat FTX Arena and Biscayne Bay.

The new building is located on 400 Biscayne Blvd (US-1) and will include office space, residential as well as a high-end modern hotel. The downtown Miami area is both a U.S. and international hub for world leading companies – with the SKYX rooftop signage expected to be seen by tens of millions, including on TV shows and on Miami skyline imagery.

As part of the lease, SKYX has also secured a high-end, state of the art, high ceiling office space with 360-degree views and expects to open its U.S. and international sales offices, as well as its corporate headquarters, in the new location in 2023. As part of the agreement, the Company can start paying rent in January 2024. In addition, the Landlord will provide the Company with an improvement allowance of up to $2.25 million, which may be used for the construction of the Premises, including the reasonable cost of design, space planning, consultants, and construction drawings. The Company intends to use part of the office space and to sublease the remainder to minimize expenses.

Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: "Securing a long-term lease for SKYX signage and offices in the heart of downtown Miami provides an incredible level of brand awareness for SKYX. As reported, FTX paid $135 million to secure a long-term lease for naming of our next-door neighbor's building, the Miami Heat Arena, now called FTX arena – and that speaks for itself.

"As we position ourselves to embark on our commercialization journey, this provides a significant foundation for our company on many levels. I look forward to moving into this exciting new space and elevating our public profile through continued operational execution, with the objective of creating sustainable, long-term value for our shareholders," concluded Kohen.

To view images of the new office location, click here: https://skyplug.com/pr7/

To learn more about SKYX's technology, access the explainer video link here: SkyXPlug.com/video

About SKYX Platforms Corp.

As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the standard.

SKYX Platforms Corp. (NASDAQ: SKYX) has a series of highly disruptive advanced-safe-smart platform technologies, with over 60 U.S. and global patents and patent pending applications. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com or follow us on LinkedIn.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause the Company's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Our estimates of the addressable market for our products may prove to be incorrect. The projected demand for our products could materially differ from actual demand. Forward-looking statements speak only as of the date they are made and include statements relating to the Company's ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its smart products and technologies, including commencement of presales, the Company's efforts and ability to drive the adoption of Sky's Plug Smart Platforms into multi-family residential buildings and communities and adoption by hotels, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

For the terms of the lease, see the Company's current report on Form 8-K filed with the Securities and Exchange Commission on September 29, 2022. Under the terms of the lease, the Company does not expect to pay any rent for the first fourteen months of the lease, taking into account a six month build out period (which may be extended for up to four months), and four additional months of rent abatement after the rent commencement date. The Company may extend the build out period for four one month periods, provided that for each one month extension exercised, the annual base rent will increase by $1.00 per square foot. The signage is subject to obtaining necessary permits. The images included in this press release are for demonstration purposes only and are not necessarily representative of any signage expected to be installed.

Investor Relations Contact:
Lucas A. Zimmerman
MZ North America
(949) 259-4987
SKYX@mzgroup.us

SOURCE: SKYX Platforms Corp. dba Sky Technologies

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BPipe Corporation, a Joint Venture Partner of Biopipe Global USA, enters into Agreement with Major Global Food Company to Install 10 m3/day Biopipe Biological Sewage Wastewater Treatment Plant

MANILA, Sep 27, 2022 – (ACN Newswire) – BPipe Corporation, an equity joint venture partner of Biopipe Global USA, enters into an agreement with a major global food company to install a 10 m3/day Biopipe biological sewage wastewater treatment plant.

BPipe Corporation is focused on innovative, scalable and disruptive decentralized wastewater treatment and reuse technologies. Its flagship system is the Biopipe STP, which is a highly scalable onsite sludge, odor and chemical free sewage wastewater treatment technology. BPipe is an equity joint venture partner established in the Philippines to pursue both sewage and industrial wastewater treatment opportunities for technologies within our portfolio.

According to Mr. Freddie Canta, President of BPipe, "In addition to the sludge free, odor free, and chemical free features of Biopipe technology, the customizable design and flexibility to fit in small spaces were the deciding factors that led to this partnership with BPipe. We are happy that this client will promote environmentally sustainable practices by recycling treated wastewater through our Biopipe system."

"Biopipe continues to see strong market interest in the Philippines as customers look to long-term, eco-friendly solutions for a more resilient future," says Ms. Nina Aquino, CMO of Biopipe Global Corp. "We look forward to continuing our support of the country's dedication to cleaner waters and safe sanitation practices."

About Biopipe Global Corp

Biopipe Global Corp is a wholly owned subsidiary of Lifequest World Corp (OTC Markets: LQWC). Lifequest offers both effluent treatment (ETP) and sewage treatment (STP) solutions. Biopipe has developed a patented 100% sludge-free, chemical-free, odor-free, silent, easy to assemble and install, scalable, low cost, ecological and virtually maintenance-free onsite sewage wastewater treatment system. Our Abrimix ETP solution is a highly efficient and cost-effective industrial wastewater treatment system that is vastly superior to Dissolved Air Floatation (DAF) systems. See www.lifequestcorp.com and www.biopipe.co or contact: info@biopipe.co.

About BPipe Corporation

BPipe Corporation, a Philippine subsidiary of Biopipe Global Corp, is engaged in sales, marketing, distribution, installation, and maintenance of Biopipe STP, Abrimix ETP, Glanris Media and Goslyn FOG and other technologies through its global partnerships.

Philippines Contact
Name: Mr. Freddie Canta
Email: freddie@biopipe.co
Phone: +63 9171393642

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Southern Score Honours Badminton World Champions, Aaron and Wooi Yik with RM100,000 Incentive

KUALA LUMPUR, Sep 24, 2022 – (ACN Newswire) – Southern Score Builders Berhad is pleased to present an incentive of RM100,000 to Malaysia's top men's doubles pair Aaron Chia and Soh Wooi Yik, who won Malaysia's first gold at the 2022 World Badminton Championships in Tokyo last month.

Soh Wooi Yik, Gan Yee Hin and Chia Teng Fong [L-R]

Ian Wong Jien Sern, Gan Yee Hin, Dato Jack Koh [L-R]

Aaron and Wooi Yik were presented with mock cheques by Executive Director and Chief Executive Officer of Southern Score, Gan Yee Hin, at a ceremony today honouring their outstanding achievements. On hand to welcome them were guests and staff of Southern Score.

Gan Yee Hin said, "We are here to celebrate the outstanding achievement of Aaron and Wooi Yik by presenting a token of appreciation for winning the world title for Malaysia. Thank you for the dedication and hard work, they are excellent and truly deserve the rewards. We believe this world title is just the beginning of their badminton journey. We hope this little token of our gratitude will further motivate them for greater achievements and bring glory to the country in the world arena."

"We hope that our gesture incentive will inspire others to assist a new generation of players who have the courage to pursue the sport as their career."

"At the same time, we are contributing RM200,000 to Petaling Badminton Club (PBC), the club from which our world champions were nurtured before they joined the national team. We hope that the contribution provides some support as they nurture talents to represent the country. PBC has had a history of producing several of the country's well-known players such as Chen Tang Jie, Cheam June Wei, Man Wei Chong and Goh V Shem."

Aaron and Wooi Yik thanked Southern Score for the incentive and said, "We are honoured to have represented Malaysia at the World Badminton Championships and would like to thank Southern Score and all Malaysians for their support."

"Support such as this incentive from Southern Score means a lot to us and motivates us as we prepare ourselves mentally and physically to win more accolades for Malaysia on the world stage, including our goal of making it to the 2024 Olympic Games."

Southern Score is a certified CIDB Grade 7 builder of homes for the community and a future for the nation. The Company is always closely tied into the local community and remains active in community involvement programmes such as education, sport, environment and society.

Southern Score: https://southernscore.com.my/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Sarawak Consolidated Industries Berhad Appoints Directors

KUCHING, MALAYSIA, Sep 15, 2022 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) is pleased to announce the redesignation of Mr. Ku Chong Hong as Executive Director and the appointments of En. Mohd. Shakir bin Shahimi and En. Nuraiman Shaiful bin Annuar as Independent Non-Executive Directors (INED), effective today.

Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman

Mr. Ku Chong Hong

En. Mohd. Shakir bin Shahimi

En. Nuraiman Shaiful bin Annuar

Mr. Ku, who was appointed to the board of directors on 17 March 2022 as an INED, has experience in audit and assurance, and business advisory-related fields through various local and international companies involved in a range of industries from property and construction to software.

En. Mohd. Shakir will replace Ku as chairman and member of the audit committee. A chartered accountant, he graduated with a degree in accountancy from Universiti Utara Malaysia and is a member of the Malaysian Institute of Accountants. He was an auditor with Arthur Andersen & Co and has experience auditing public-listed and privately-held companies. He is currently an audit manager with Khairuddin Hasyudeen & Razi. He is also an INED with Bintai Kinden Corporation Berhad, where he is chairman of the nomination, remuneration and risk management committees as well as member of the audit committee.

En. Nuraiman has attended the International Bachelor of Business Administration Programme from Hult International Business School, London United Kingdom in year 2017. He has experience in the oil and gas as well as construction fields. He holds directorships in Hipro Technologies Ltd and Petro Flanges and Fittings Sdn Bhd.

Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman, said, "We welcome En. Mohd Shakir and En. Nuraiman aboard and look forward to their guidance and advice. Their experience and knowledge will be a good addition to the board while enhancing our governance decision-making structure. We would also like to congratulate Mr. Ku in his redesignation as Executive Director. His insights and knowledge will be invaluable in helping us grow the Company."

About Sarawak Consolidated Industries Berhad

Sarawak Consolidated Industries Berhad (SCIB) was founded in 1975 and has evolved from a small enterprise into a reputable Group of companies listed on the Main Market of Bursa Malaysia Securities Berhad. Currently, SCIB is operating three factories in Kuching, Sarawak, one factory in the Pending Industrial Estate and two factories in the Demak Laut industrial park.

SCIB is well known for professional management and has long history of innovative ideas and technological advances. Coupled with its wealth of experience and research acquired in more than three decades, SCIB offers its clients in-depth expertise through a combination of technology, efficiency and speed. For more information, visit scib.com.my.

Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my

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