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June 2022

CM launches RM1 billion SMJREIC at Sepanggar Bay

KOTA KINABALU: A RM1 billion Sabah Maju Jaya Renewable Energy Industrial Complex (SMJREIC) will be built on a 25-acre land at the Sepanggar Bay Container Port.Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor said the realisation of the SMJREIC undertaken by Suria Capital Holdings Berhad in collaboration with Vandelay Ventures Sdn Bhd will be …

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THE EDGE

Suria Capital inks MoU to develop renewable energy industrial complex

KUALA LUMPUR (Feb 14): Suria Capital Holdings Bhd has signed a memorandum of understanding with Vandelay Ventures Sdn Bhd to develop the Sabah Maju Jaya Renewable Energy Industrial Complex at Sapangar Bay in Kota Kinabalu. In a bourse filing, Suria Capital said the development is set to bring in investments of about RM700 million. The …

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Suria capital, Vandelay ink MoU to build Sabah’s renewable energy industrial complex

The company said the SMJREIC would comprise a hydrogenated vegetable oil plant with a capacity of 250,000 tonnes per annum to produce sustainable aviation fuel from used cooking oil, waste animal fats and other industrial and agricultural residual products. In a filing to Bursa Malaysia today, the company said it would also include the first …

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