Kawan Renergy Berhad (Malaysia)

The Company was incorporated on 26 October 2022 as a private limited liability company and is domiciled in Malaysia.
The principal activity of the Company is investment holding.
Through our subsidiaries, our Group is principally involved in the design, fabrication, installation and/or commissioning of industrial process equipment, process plants as well as renewable energy and co-generation plants (“design, fabrication, installation and/or commissioning solutions”).
Pursuant to the outbreak of the COVID-19 pandemic in 2020, the Government had implemented different forms of MCO since 18 March 2020 to contain the spread of the virus. During this period, our Group was required to comply with the changes in SOP outlined by MITI throughout the period.
In FYE 2020, we faced some disruptions in the receipt of supplies for tubes as well as auxiliary parts and equipment (i.e. plate heat exchanger, belt conveyor, filter plate, vacuum pump, flange, stainless steel pipe and tubesheet) that are sourced from our suppliers in China and Korea due the country's COVID-19 restrictions which resulted in a delay in the shipment to our factory by approximately 1 month. We had informed our customer of the delay in delivery schedule and in view of the COVID-19 situation, our customers did not initiate any penalty claims against our Group arising from the delay. Saved as disclosed above, we did not face any material shortages or delay in the receipt
of supplies and delivery schedule during the COVID-19 pandemic.