He Group Berhad (Malaysia)

The Company was incorporated on 2 May 2023 as a private limited liability company and domiciled in Malaysia
The Company's principal activity is investment holding. The company are an electrical engineering service provider focusing on power distribution systems for enduser premises such as industrial plants, and industrial and commercial substations. The compoany are involved in the design, supply, installation, testing and commissioning of HV, MV, LV and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment which includes the installation of machinery and equipment, and providing upgrades and modifications of electrical equipment.
On 23 May 2023, the company was converted as a public limited liability company and assumed its current name of HE Group Berhad.
1995 : Hexatech Engineering was incorporated under the former name of Hexatech Electric (M) Sdn Bhd which commenced operations in 1995 to undertake the supply and installation of electrical and electronic control components, mainly LV switchboard. Between 1995 and 2005, Hexatech Engineering was mainly involved in the supply and installation of power distribution systems including LV switchboards for commercial developments. In 2000, Hexatech Engineering assumed its present name. In 2001, Hexatech Engineering obtained ISO 9001 quality management system certification.
2005 - 2006 :Our Group's current Managing Director, Haw Chee Seng, and current Executive Director, Eng Choon Leong were appointed as Directors of Hexatech Engineering in 2005 and 2006, respectively.
2007 : Hexatech Engineering was registered as a Class A electrical contractor with ST for electrical works with no tender limitation on the size or value of the project. The company secured our first contract for the industrial sector to supply and install an electrical busway system for a semiconductor plant in Kulim, Kedah. The project was secured through indirect distribution channel where the customer is an engineering company. The project has a total contract value of RM0.15 million and was completed within the same year. The company secured a contract for the supply and installation of a power distribution system including an LV switchboard and busway system for a semiconductor manufacturing plant in Kulim, Kedah. The project was secured through indirect distribution channel where the customer is an engineering company. The project has a total contract value of RM9.79 million and was completed in 2008. The company secured our first contract for the design, supply, installation, testing and commissioning a power distribution system including 33kV switchgear, LV electrical distribution system, emergency generator system, motor control centre and facility monitoring system for a semiconductor manufacturing plant in Senai, Johor. The project was secured through indirect distribution channel where the customer is a building construction company. The project has a total contract value of RM31.00 million and was completed in 2008.
2008 : Hexatech Engineering was registered as a CIDB Grade 7 (G7) contractor for M E engineering works with no tender limitation on the size or value of the project.
2009 : The company secured our first contract through direct distribution channel from a manufacturing plant owner totalling RM68.25 million for the supply, installation, testing and commissioning of an 11kV/415V distribution substation and power distribution system for a solar PV module manufacturing plant in Alor Gajah, Malacca. The project was completed in 2011.
2012 : The company secured our first HV power distribution system project involving the design and supply of major electrical equipment including GIS, main switchboard, substation control system, and DC battery charger for a 132/33/11kV main intake substation in Bandar Utama, Selangor. The project was secured through indirect distribution channel where the customer is an engineering company. The project has a total contract value of RM8.27 million and was completed in 2013. We secured our first contract to install a solar PV system for a 5MWp solar power plant at Kuala Perlis, Perlis. The project was secured through direct distribution channel from the solar PV company. The project has a total contract value of RM0.52 million and was completed within the same year.
2013 : The company invested in a rooftop solar PV system with an installed generating capacity of 172kWp on a factory building located in Alor Gajah, Malacca. We entered into a Renewable Energy Power Purchasing Agreement (REPPA) with Tenaga Nasional Berhad (TNB) and received Feed-in Approval from SEDA for 21 years.
2014 : The company secured a contract for the supply, installation, testing and commissioning of a power distribution system for a confectionery manufacturing plant and its 33kV MV substation in Senai, Johor. The project was secured through indirect distribution channel where the customer is an engineering company. The project has a total contract value of RM40.00 million and was completed in 2016.
2015 : The company secured a contract for the design, supply, installation, testing and commissioning of the power distribution system for a 33kV substation for a commercial development in Bandar Utama, Selangor. The project was secured through direct distribution channel from the commercial development company. The project has a total contract value of RM11.80 million and was completed in 2018.
2018 : The company secured our first project in East Malaysia for the supply and installation of a power distribution system including 33kV GIS and a DC system for an electrodeposited copper foil manufacturing plant in Kuching, Sarawak. The project was secured through direct distribution channel from the manufacturing company. The project has a total contract value of RM5.35 million and was completed within the same year.
2021 : The company secured our first project which involved the construction of a 3-storey 132kV main intake substation for an electronic products manufacturing plant in Batu Kawan, Penang. The scope of the project involves civil, structural and architectural works, as well as supply, installation, testing and commissioning of power distribution, ACMV, and fire protection systems for the substation. The project was secured through direct distribution channel from the manufacturing company. The project has a total contract value of RM55.32 million and was completed in 2022. We secured a project which involved the supply, installation, testing and commissioning of a power distribution system for a medical device manufacturing plant in Batu Kawan, Penang. The project was secured through indirect distribution channel where the customer is an engineering company. The project has a total contract value of RM43.35 million where the EOT application is pending approval from the customer.
2022 : The company secured our largest contract to date totalling approximately RM240 million which involved the design, supply, installation, testing and commissioning of a power distribution system for a semiconductor manufacturing plant in Kulim, Kedah. The project was secured through direct distribution channel from the manufacturing company. This is an ongoing project which is expected to be completed by October 2024. The company were appointed by Vertiv (Malaysia) Sdn Bhd (“Vertiv”) to become one of their authorised product reseller and service provider on a non-exclusive basis for Vertiv products in Malaysia for alternate current power system, and power monitoring and management system. Vertiv (Malaysia) Sdn Bhd (formerly known as Emerson Network Power (Malaysia) Sdn Bhd) is a subsidiary of Vertiv Holdings Co, an American provider of power, cooling and IT infrastructure for data centres, communication networks, and commercial and industrial facilities. The company use Vertiv products for the provision of power distribution systems as well as for our trading business.
During the Financial Years Under Review, our Group's business and onsite operations faced temporary suspension and slowdown of work pursuant to the outbreak of the COVID-19 virus in Malaysia. However, we have sought EOT from our customers for several projects in Kuala Lumpur, Selangor and Penang respectively. As at LPD, all these projects have been completed and handed over to customers.