Tuesday, November 11, 2025
23.9 C
Malaysia
the sun malaysia ipaper logo 150x150

Cape EMS secures strategic capital to accelerate clean-energy growth in Johor–Singapore corridor

JOHOR BAHRU: Cape EMS Bhd, a leading Malaysian-based electronic manufacturing services (EMS) solutions provider with a global presence, has been selected as one of the recipients of financing support under Maybank’s Johor–Singapore Economic Zone (JS-SEZ) initiative — a national programme designed to catalyse cross-border trade, green technology, and high-value manufacturing in the Southern corridor.

The facility was formalised via a financing offer letter issued to Cape EMS in conjunction with the launch of Maybank’s Forest City Service Centre, aimed at empowering high-growth enterprises and small-to-mid-sized industries within the JS-SEZ corridor.

This facility forms part of Maybank’s RM15 billion financing and investment commitment for the JS-SEZ, comprising RM10 billion in direct financing and up to RM5.35 billion in investment interest from clients over the next decade.

Cape EMS is among five Johor-based organisations receiving approximately RM120 million in collective financing, underscoring Maybank’s confidence in the group’s capability to anchor regional clean-energy and manufacturing growth.

The financing provides strategic headroom for Cape EMS’s next phase of expansion across key growth verticals, including localised assembly and lifecycle management of battery energy storage systems (BESS), deployment of EV-related charging and smart-mobility infrastructure, and scaling of precision EMS operations within its Senai facilities.

This milestone builds upon Cape EMS’s recent progress in forming regional technology partnerships, advancing in-house manufacturing capabilities for clean-energy components, and supporting high-value industries aligned with Malaysia’s energy transition and smart-city agenda.

Cape EMS, in a statement, said the company is honoured to be recognised as a key participant in Maybank’s JS-SEZ initiative.

It said this financing underscores institutional confidence in its strategic direction and provides the runway to fast-track next-generation clean-energy and infrastructure solutions.

“Our focus is clear — to build scalable, bankable systems that advance national and climate goals while creating long-term value for our clients, partners, and stakeholders,” it said.

The group’s participation in the JS-SEZ programme aligns closely with Malaysia’s National Energy Transition Roadmap (NETR) and the government’s objective to strengthen the Johor–Singapore corridor as a catalyst for sustainable industrial growth, clean-technology adoption, and regional investment.

Related

spot_img

Latest

Powerwell secures RM9.5m data centre contract in Selangor

Powerwell Holdings Bhd’s subsidiary, Kejuruteraan Powerwell Sdn Bhd, has clinched a RM9.5 million contract to supply switchboards and components for a data centre project in Selangor. Managing director Catherine Wong Yoke Yen said this marks the company’s third data centre win this financial year, underscoring its expertise in Malaysia’s fast-growing digital infrastructure sector. With an order book of RM117 million as of June 2025, Powerwell plans to capitalise on opportunities across data centre, infrastructure, and renewable energy projects.

Most Viewed

TE Capital Partners and Dash Living form joint venture to acquire prime residential asset in Minato Ward

TE Capital Partners and Dash Living have teamed up to acquire a premium residential property in Tokyo’s prestigious Minami Azabu area. The 10-storey building, to be branded as Dash Living Minami Azabu, will offer stylish, furnished apartments with excellent connectivity and modern amenities. This marks Dash Living’s largest asset in Japan and reinforces both companies’ confidence in Tokyo’s thriving residential market.
spot_img

Popular Categories