REQUEST A DEMO
Total
USD $0.00
Search more companies

Ray Go Solar Holdings Berhad (Malaysia)

Main Activities: Offices of Other Holding Companies
Full name: Ray Go Solar Holdings Berhad Profile Updated: November 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The company was incorporated on 13 February 2019 under the Act as a private limited company under the name Ray Go Solar Holdings Sdn Bhd. On 16 June 2021, Ray Go Solar was converted to a public limited company and assumed its present name. Ray Go Solar is an investment holding company and is seeking a listing on the LEAP Market of Bursa Securities.
The Ray Go Solar Group is a solar PV solutions provider principally involved in providing solar PV solutions. As a solar PV solutions provider, engaged in the provision of:
EPCC services such as the design and engineering; procurement and supply of materials and equipment; construction, assembly, installation and integration; testing and commissioning; and training in solar PV systems; and
maintenance services of solar PV systems installed by the Group.
Milestones and Key achievements:-
2012 - RGS EPC was incorporated under the name of Rich Gold Solar (M) Sdn Bhd to venture into the solar PV business.
2013 - Began the business operations offering installation of solar PV systems to residential buildings.
2014 - Secured first EPCC project for industrial and commercial building from Milleon Extruder Sdn Bhd. This project was to design and build a 504.00 kWp solar PV system with a contract value of RM5.60 million.
2015 - Registered as a PV services provider under SEDA Malaysia’s new policy.
- Became a subcontractor for the provision of installation services
2016 - Expanded EPCC services for the NEM and SELCO schemes.
- warded income tax incentives by MIDA for green technology industry to benefit from income tax exemption.
- RGS EPC was awarded the right to use the “MyHIJAU Mark†on PV system design from Malaysia Green Technology Corporation, which is an official green recognition endorsed by the Government.
2017 - Completed first NEM solar PV project with a capacity of 100.00 kWp from Becker Industrial Coatings (M) Sdn Bhd.
2018 - Raised RM1,374,840 in capital funding through the ECF Exercise.
- RGS EPC registered as an electrical contractor with the Energy Commission for providing electrical operations for our own EPCC projects.
2019 - RGS EPC changed to its present name on 8 August 2019
- RGS EPC obtained BS EN ISO 9001:2015 certification from NQA for our quality management system for the provision of supply, providing solutions and installation of roof-mounted solar PV system.
2020 - RGS EPC obtained approval from MyIPO for the registration of trademark.
- RGS Power was incorporated with the intention to venture into solar leasing business under the SARE programme. As at the LPD, it is still a dormant company.

Headquarters
36-1, Jalan Jasmin 3, Bandar Botanik
Klang; Selangor; Postal Code: 41200

Contact Details: Purchase the Ray Go Solar Holdings Berhad report to view the information.

Website: http://raygosolar.com

Basic Information
Outstanding Shares:
Purchase the Ray Go Solar Holdings Berhad report to view the information.
Financial Auditors:
Purchase the Ray Go Solar Holdings Berhad report to view the information.
Incorporation Date:
2019
Key Executives
Purchase this report to view the information.
Chairman
Purchase this report to view the information.
Chief Operating Officer
Purchase this report to view the information.
Director/Member of the Board
Purchase this report to view the information.
Secretary
Purchase this report to view the information.
Secretary
Ownership Details
Purchase this report to view the information.
80%
Purchase this report to view the information.
20%
Subsidiaries
Ray Go Solar Epc Sdn. Bhd.
100%
Ray Go Solar Power Sdn Bhd
100%
Company Performance
Financial values in the chart are available after Ray Go Solar Holdings Berhad report is purchased.
Looking for more than just a company report?

EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.

Request a demo of the EMIS service
Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
70.93%
Total operating revenue
70.26%
Operating profit (EBIT)
270.15%
EBITDA
147.02%
Net Profit (Loss) for the Period
497.2%
Total assets
2.07%
Total equity
4.49%
Operating Profit Margin (ROS)
3.6%
Net Profit Margin
3.08%
Return on Equity (ROE)
5.02%
Debt to Equity Ratio
-29.48%
Quick Ratio
0.33%
Cash Ratio
0.04%

To view more information, Request a demonstration of the EMIS service

Buy this company report
Need ongoing access to company, industry or country information?