RENEUCO BERHAD (FORMERLY KNOWN AS KPOWER BERHAD)

Reneuco Berhad (“Reneuco” or the “Company”) is mainly involved in sustainable energy and utilities activities. Reneuco was incorporated on 3 February 1997 and listed on the Second Board of Bursa Malaysia Securities Berhad on 22 March 2002. Reneuco was subsequently transferred to the Main Market of Bursa Securities in 2009. Reneuco was included in the FTSE Bursa Malaysia EMAS (FBM EMAS) Index in July 2021. Reneuco’s sustainable energy and utilities segment involves construction related activities and specialised engineering services that are spread over various projects locally and abroad. The construction related activities segment undertaken by the Company consists of engineering, procurement, construction and commissioning of sustainable energy and utilities projects. Under the construction related activities, Reneuco has now embarked into asset ownership of solar and small hydro power projects. Reneuco has won a bid for a 50 MW solar power plant under LSS4@MEnTARI in Pekan, Pahang. Reneuco is also a successful bidder under the feed-in tariff (“FiT”) e-bidding exercise conducted by SEDA for the development of small hydro power plants with a total capacity of 40.4 MW in Gua Musang, Kelantan. Whilst Reneuco is focusing on the Malaysian market, the Company also aims to expand its regional footprints into ASEAN, South Asia, Central Asia, Middle East and Europe. The Company also plans to widen its renewable energy product offerings from mainly hydro power and solar to include wind and biomass. Leveraging on these strategies, the Company is confident to achieve its aspiration to emerge as a leading regional player in sustainable energy and utilities. The Company is also involved in property, logistics and healthcare and technologies segments.