5-min

WORLDWIDE HOLDINGS WINS THE ASSET TRIPLE A AWARDS 2022 FOR POWER/UTILITIES DEAL OF THE YEAR

Shah Alam, 7 July 2022 – Worldwide Holdings Berhad (“WHB”) has won The Asset Triple A Awards 2022 for Power/Utilities Deal of the Year category under the Sustainable Infrastructure Deals of the Year 2022 for Malaysia. The award recognises the RM2.7 billion syndicated term financing, Fresh Commodity Murabahah Term Financing-i Facility (the “Facility”) in relation to the development of Pulau Indah Power Plant (“PIPP”), a greenfield 1,200 MW Combined-Cycle Gas Turbine power plant project in Pulau Indah, Selangor.

The Facility is provided by Maybank Islamic Berhad, Bank Pembangunan Malaysia Berhad and UOB Malaysia, with Maybank Investment Bank Berhad as the Coordinating Arranger for the facility. With a capacity of 1,200MW, PIPP is the largest power plant transaction closed in 2021 and is expected to be a key supplier of electricity upon its completion given its strategic location in the Klang Valley, which is the largest load center accounting for 43% of the total electricity demand in Peninsular Malaysia. The financing and development of PIPP is undertaken by Pulau Indah Power Plant Sdn Bhd, a joint venture company between WHB and Korea Electric Power Corporation (KEPCO).

Commenting on the award, WHB’s Group Chief Executive Officer Datin Paduka Norazlina Zakaria said, “We are honoured to be recognised by The Asset Triple A Awards for WHB’s role and commitment to sustainable financing in Malaysia.”

Norazlina also expressed her gratitude to the financiers and coordinating arranger for the facility as WHB’s participation in such a landmark transaction would not have been possible without the implicit trust placed upon the Group by the financial institutions.

The Asset Triple A Awards showcase companies that have excelled in their respective industries. The awards are adjudicated by The Asset’s board of editors and supplemented by client interaction generated from in-depth conversations using data analytics produced by Asset Benchmark Research. The Country Awards represents the industry’s most prestigious awards for banking, finance, treasury and capital markets.

4-min

Worldwide Holdings – Rakan Strategik Simposium Pra-pelancaran Rancangan Selangor Pertama (RS-1)

Pada 8 Julai 2022, telah berlangsungnya Simposium Pra-pelancaran Rancangan Selangor (RS-1) yang telah disempurnakan oleh YAB Dato’ Menteri Besar Selangor, Dato’ Seri Amirudin Shari bertempat di Pusat Konvesyen MBSA, Shah Alam. Sejurus selepas acara pelancaran, majlis diteruskan dengan sesi forum wacana Tadbir Urus (Governance) yang turut menyaksikan Dato’ Seri Amirudin sebagai salah satu panel pakar sesi tersebut.

Selesai sesi forum Tadbir Urus, Dato’ Seri Amirudin mengambil kesempatan membuat lawatan ke reruai-reruai pameran RS-1 termasuklah reruai pameran Worldwide Holdings yang bertemakan Kelestarian (Sustainability), diiringi oleh Ketua Pegawai Eksekutif Kumpulan, Datin Paduka Norazlina Zakaria.

Sejurus selapas lawatan reruai, majlis diteruskan dengan tiga sesi forum yang diadakan serentak. termasuklah sesi forum wacana Kelestarian (Sustainability) yang melibatkan Datin Paduka Norazlina sebagai salah seorang panel pakar bagi sesi tersebut.

6-min

Worldwide Holdings Menyertai Pesta Buku Selangor 2021

Suasana sekitar Pesta Buku Selangor 2021 pada hari Sabtu, 4 Disember 2021 bertempat di SACC Convention Centre.

Ketua Solar Worldwide Energy, Ir. Noor Iziddin Abdullah Hj. Ghazali dan Ketua Bahagian Komunikasi Korporat Worldwide Holdings, Pn. Raja Farah Diba Raja Abdul Rashid mengambil kesempatan untuk menerangkan tentang projek-projek ‘Renewable Energy’ yang sedang dibangunkan oleh Worldwide Energy, ketika YAB Dato’ Menteri Besar Selangor membuat lawatan ke booth pameran selepas pelancaran Pesta Buku Selangor.

YBhg. Datin Paduka Mastura Muhammad, Pengarah PPAS turut sama mengiringi YAB Dato’ Menteri Besar Selangor ke booth pameran.

3-min

The Erection of HRSG 1 marks the major milestone for the construction of PIPP

PULAU INDAH – The construction of Pulau Indah Power Plant (PIPP) marked a major milestone upon the erection of the first Heat Recovery Steam Generator (HRSG) steel structure earlier this year.

A small intimate celebration was held at Pulau Indah Power Plant (PIPP) on 22nd March 2022. The ceremony was attended by representatives from teams and collaborators involved in the construction of the power plant from PIPP to KEPCO, WPMC and PEC Powercon, including POSCO E&C and Mitsubishi Corporation.

The ceremony began with an opening speech by Mr. Ku Young Hwan, Director of PEC Powercon Sdn Bhd. In his speech, he explained the significance of the structure erection to the project, which is a major milestone for the development of the power plant. He concluded his speech by presentation of tokens of appreciation to employees of contractors who have demonstrated excellence in their work performance.

Next, En. Kamal Zaharin Nazir, the Chief Financial Officer of Worldwide Holdings and member of PIPP Board of Directors, who on behalf of Worldwide Holdings’ Group CEO took the opportunity to congratulate all the parties involved and urged for everyone’s commitment and compliance in ensuring the success of the project.

2-min

PIPP PEROLEH PEMBIAYAAN RM2.7B UNTUK PROJEK STESEN JANA KUASA 1,200 MW PULAU INDAH

Pulau Indah Power Plant Sdn. Bhd. (PIPP), syarikat usahasama di antara Worldwide Holdings Berhad dan Korea Electric Power Corporation (KEPCO) memperoleh pembiayaan (Fresh Commodity Murabahah Term Financing-i Facility) sehingga RM2.7bilion berkaitan dengan pembangunan projek stesen jana kuasa 1,200 MW turbin gas di Pulau Indah, Selangor.

Majlis menandatangani perjanjian di antara PIPP, pembiaya-pembiaya projek iaitu Maybank Islamic Berhad, Bank Pembangunan Malaysia Berhad dan UOB Malaysia, dan penyelaras pembiayaan, Maybank Investment Bank Berhad telah disaksikan oleh YAB Dato’ Sri Amirudin Shari, Dato’ Menteri Besar Selangor dan TYT Lee Chi-Beom, Duta Besar Republik Korea.

Projek ini kini bersedia untuk masuk ke fasa pembinaan, yang dijangka bermula pada paruh kedua tahun 2021. Apabila memulakan operasi pada bulan Januari 2024, stesen jana kuasa ini dijangka akan menyokong keperluan tenaga elektrik yang semakin meningkat di Lembah Klang dan menampung bekalan beban asas tenaga di wilayah itu. Tenaga berkarbon rendah yang dihasilkan stesen jana kuasa ini akan disalurkan ke wilayah tengah semenanjung Malaysia, melibatkan daerah-daerah seperti Klang, Sepang dan Kuala Langat yang mempunyai permintaan tenaga elektrik yang tinggi.

Pengerusi Worldwide Holdings dan PIPP, Dato’ Nor Azmie Diron berkata, “Projek ini bakal menggunakan bahan canggih paling inovatif di dunia, penyejukan, aerodinamik, pembakaran, dan keupayaan digital yang akan mengurangkan kesan kepada alam sekitar. Stesen jana kuasa ini dijangka beroperasi dengan kecekapan bersih lebih daripada 62%, jauh lebih tinggi daripada stesen jana kuasa arang batu atau minyak yang setaraf dengannya.”

KEPCO, rakan usahama Worldwide Holdings bagi projek ini memiliki lebih dari 120 tahun kepakaran dan pengalaman dalam penyediaan bekalan tenaga elektrik di Korea Selatan. Syarikat ini ditubuhkan di bawah Akta Perbadanan Tenaga Elektrik Korea untuk menyokong pembangunan, bekalan dan permintaan tenaga elektrik, serta menyumbang kepada pembangunan ekonomi negara.

1-min

Signing Ceremony of Joint Venture and Shareholders Agreement between Worldwide Holdings Berhad, Mudajaya Corporation Berhad and Sumber Jayakita Sdn Bhd

On 4th March 2021, a signing ceremony of joint venture and shareholders agreement between Worldwide Holdings Berhad, Mudajaya Corporation Berhad and Sumber Jayakita Sdn Bhd had taken place at Teratai Hall, Mercu Worldwide. The objective of the ceremony was to formalize and officiate the collaboration between Worldwide Holdings and Mudajaya Corporation where both parties will collaborate for the purpose of carrying on the business of construction works, including EPCC works, in particular, the power generation sector.

The ceremony which was graced by YB Dato’ Norazmie bin Diron, Selangor State Secretary cum Chairman of Worldwide Holdings as the guest of honor, began with a speech delivered by YBhg Datin Paduka Norazlina Zakaria, Group Chief Executive Officer of Worldwide Holdings who took the opportunity to briefly introduce Worldwide Holdings to the delegates from Mudajaya. She also shared with the audiences the vision and objectives of the collaboration and ended her speech thanking all parties involved in realizing the collaboration. Following the speech by YBhg Datin Paduka Norazlina, YBhg Dato’ Yusli bin Mohamed Yusoff, Chairman of Mudajaya Group Berhad took the stage and delivered a speech which enlightened the audiences with Mudajaya’s experiences in EPCC works and their enthusiasm on getting into this agreement with Worldwide Holdings.

Right after the speech from YBhg Dato’ Yusli, the signing ceremony was completed when the agreement was signed by the signatories from each party – Worldwide Holdings Berhad represented by YBhg Datin Paduka Norazlina Zakaria, Mudajaya Corporation Berhad represented by its Managing Director, Ir. Anthony Teoh, and Sumber Jayakita Sdn Bhd represented by Chief Executive Officer of Mudajaya Group Berhad, Mr. James Wong – witnessed by YB Dato’ Norazmie and YBhg Dato’ Yusli. The ceremony ended with corporate gifts exchange between Worldwide Holdings and Mudajaya Corporation, and presentation of tokens of appreciation to YB Dato’ Norazmie and YBhg Dato’ Yusli.

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Worldwide Holdings enters agreements with local authorities

PETALING JAYA: Worldwide Holdings Bhd has entered into a waste disposal agreement with five local authorities for the development of an integrated solid waste management centre (ISWMC).

The local authorities are Majlis Bandaraya Shah Alam, Majlis Bandaraya Petaling Jaya, Majlis Bandaraya Subang Jaya, Majlis Perbandaran Ampang Jaya and Majlis Perbandaran Kuala Selangor.

The virtual signing ceremony, held over a week ago, was witnessed by Selangor Chief Minister Datuk Seri Amirudin Shari.

The ISWMC will be developed adjacent to Worldwide Holdings’ Jeram Sanitary Landfill.

It will include a waste-to-energy plant, a material recovery facility, a material recovery facility for construction and demolition waste, anaerobic digester, a research and development centre and a composting plan

“With the signing of these agreements between Worldwide Holdings and local authorities, Selangor will become the owner of the largest solid waste management plant in Malaysia with the most advanced green technology.

“These agreements will also contribute to the efforts in meeting the commercial operation date target set by the Energy Commission, which is in the middle of 2024,” said Worldwide Holdings group chief executive officer Datin Paduka Norazlina Zakaria in a statement.

Source: https://www.thestar.com.my/business/business-news/2021/08/30/worldwide-holdings-enters-agreements-with-local-authorities

1181884

Worldwide Holdings, lima PBT bangunkan ISWMC

SHAH ALAM – Worldwide Holdings Berhad (Worldwide Holdings) telah menandatangani perjanjian bersama lima pihak berkuasa tempatan (PBT) bagi melaksanakan pembangunan pusat pengurusan sisa pepejal bersepadu (ISWMC).

Lima PBT itu ialah Majlis Bandaraya Shah Alam (MBSA), Majlis Bandaraya Petaling Jaya (MBPJ), Majlis Bandaraya Subang Jaya (MBSJ), Majlis Perbandaran Ampang Jaya (MPAJ) dan Majlis Perbandaran Kuala Selangor (MPKS).

Ketua Pegawai Eksekutif Kumpulan Worldwide Holdings Berhad, Datin Paduka Norazlina Zakaria berkata, melalui perjanjian tersebut, Selangor bakal memiliki loji pengurusan sisa pepejal berteknologi hijau yang terbesar dan moden di Malaysia.

Menurutnya, perjanjian itu juga akan menyumbang kepada usaha memastikan tarikh mula operasi komersial (COD) yang ditetapkan Suruhanjaya Tenaga dapat dipenuhi iaitu bermula pertengahan tahun 2024.

Beliau berkata, Worldwide Holdings berbesar hati dengan kepercayaan yang diberikan oleh kerajaan negeri untuk menerajui pembangunan ISWMC di Selangor.

“Kami berharap pembangunan projek ini dapat menyokong usaha merealisasikan aspirasi kerajaan negeri seperti agenda strategik Pemeliharaan Alam Sekitar dan Smart Selangor menjelang tahun 2025.

“Pelaksanaan teknologi Waste to Energy (WTE) ini juga selaras dengan matlamat kerajaan iaitu untuk mencapai

kapasiti penjanaan ‘renewable energy’ atau tenaga boleh baharu (TBB) sebanyak 20 peratus menjelang tahun 2025,” katanya.
Sumber : https://www.sinarharian.com.my/article/157858/EDISI/Worldwide-Holdings-lima-PBT-bangunkan-ISWMC