2 weeks Ago
UEM Edgenta Bhd (UEM Edgenta) is charting a course for growth in the ever-evolving asset management and infrastructure solutions sector. As the asset and facility management arm of UEM Group Bhd (UEM Group), the company has operations across Malaysia, Indonesia, Singapore, Taiwan, the United Arab Emirates (UAE) and Saudi Arabia. In the first half of financial year 2024, UEM Edgenta secured RM2bil in contracts, matching its total wins from the previous year.
Over 90% of these contracts come from international businesses. The company’s robust order book, valued at approximately RM10bil as of June 2024, futureproofs the business and establishes a strong foundation for growth. Expanding global footprint In Singapore, UEM Edgenta’s strong order book replenishment of RM1.
2bil for the first half of 2024 covers healthcare support services and integrated facility management, including hospitality and education sectors. The acquisition of Kaizen Group at the end of 2023 bolsters its expansion in the UAE and Saudi Arabia, enhancing growth in the Middle East. Domestically, UEM Edgenta’s subsidiary, Opus International (M) Bhd, entered a joint venture with HSS Engineering to expand into high-growth infrastructure markets across South-East Asia and the Middle East.
Innovation and sustainability at the core “As Khazanah’s infrastructure arm, we will continue to advocate for sustainability and value creation in our subsidiaries to ensure their longtermsuccess both in Malaysia and abroad.” DATUK AMRAN HAFIZ AFFIFUDIN UEM Edgenta is at the forefront of integrating cutting-edge technologies such as the Internet of Things and artificial intelligence (AI) to enhance asset quality and operational efficiency. Launched in July 2021, Edgenta NXT, a tech subsidiary, drives digital transformation, enhancing asset lifecycle management with data analytics while managing over 35,000 assets, showcasing the company’s technological prowess.
“By embracing cutting-edge technologies and sustainable practices, UEM Edgenta enhances its competitiveness while contributing to a sustainable Malaysia,” said UEM Group managing director Datuk Amran Hafiz Affifudin, aligning with UEM Group’s domestic investment agenda. “As Khazanah’s infrastructure arm, we will continue to advocate for sustainability and value creation in our subsidiaries to ensure their long-term success both in Malaysia and abroad,” he added. In line with its Edgenta of the Future 2025 vision, the company offers digital training in automation, data analysis, AI and cybersecurity to nurture Malaysia’s human capital.
“Our dedication to sustainability is about driving long-term economic growth while making positive impacts on the world we all share.” SYAHRUNIZAM SAMSUDIN “Our dedication to sustainability is about driving long-term economic growth while making positive impacts on the world we all share,” stated UEM Edgenta managing director and chief executive officer Syahrunizam Samsudin in an interview. The company’s commitment to sustainability is evident through its alignment with the National Energy Transition Roadmap and efforts to support Malaysia’s greenhouse gas reduction targets by 2030.
Initiatives like green retrofitting and energy-efficiency upgrades are central to its strategy with Opus International and Opus Energy leading the charge in sustainability. UEM Edgenta differentiates itself through strategic alliances, enhancing asset management and positioning as a leader in smart city facilitation. The company’s strategic pivots include strengthening digital assets, building environmental, social and governance capabilities, and entering high-growth markets like Saudi Arabia and the UAE.
Commitment to Malaysia’s growth Maintaining financial stability through a solid order book and cost optimisation, UEM Edgenta leverages technology to enhances efficiency and manage costs. Its commitment to sustainability ensures long-term growth, with initiatives like energy and sustainability solutions contributing to financial resilience. To tackle inflationary pressures and competition, the company focuses on continuous innovation, strategic realignment and partnerships, diversifying into high-growth sectors like hospitality and commercial markets to stay competitive.
UEM Edgenta’s international presence strengthens Malaysia’s global standing, with knowledge transfer and expertise gained abroad benefiting domestic operations.This aligns with the Prime Minister’s call for government-linked companies to prioritise domestic investments and supports Khazanah’s Advancing Malaysia vision. In doing so, UEM Edgenta contributes to Malaysia’s economic growth and infrastructure development.
UEM Edgenta is heavily invested in Malaysia’s human capital development, offering programmes like the Edgenta Young Talent Programme and supporting the national technical and vocational training agenda. These initiatives equip local talent with the skills needed for future success, contributing to the nation’s broader socio-economic goals. Driving innovation and value creationInnovation is central to UEM Edgenta’s strategy, with digital solutions and AI enhancing market leadership.
The focus on smart, green buildings and partnerships with leaders like Alibaba Cloud illustrates its commitment to sustainable practices. As the conversation around data centres and infrastructure gains traction, UEM Edgenta sees significant opportunities in this sector and aims to collaborate with key stakeholders to provide sustainable solutions that contribute to Malaysia’s economic development. With a strategic emphasis on innovation, sustainability and expansion, UEM Edgenta cements its position as a frontrunner in asset management and infrastructure solutions.
By aligning its initiatives with national priorities and exploring new possibilities, the company is committed to creating long-term value for its stakeholders and positively impacting Malaysia’s economy and society..
