JAG Bhd to capitalise on renewable energy sector

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SHAH ALAM: JAG Bhd, one of Malaysia’s leading total waste management companies, has established a new subsidiary, JAG Renewable Energy Sdn Bhd (JRESB)...

JAG Bhd, one of Malaysia’s leading total waste management companies, has established a new subsidiary, JAG Renewable Energy Sdn Bhd , in July.

JAG is upbeat with its move into this new sector, more so with the target set by the then Ministry of Energy, Science, Technology, Environment & Climate Change to achieve 20% electricity generation from renewable energy. “This agreement, which is a long-term concession from the commercial operation date, offers strong prospects for the overall growth of the Group. This is part of our commitment to diversify our earnings stream, with a view to enhance value in meaningful yet sustainable ways.”

 

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