29/12/2025

BIZ & FINANCE MONDAY | DEC 29, 2025

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NRES green drive gets CNCS certification

o Public–private effort supports Malaysia’s Net Zero 2050 target

KUALA LUMPUR: The Ministry of Natural Resources and Environ mental Sustainability (NRES) marked a significant milestone in its sustainability and digital governance agenda with the presentation of the Carbon Neutral Computing Services (CNCS) sustainability certificate. This achievement was delivered through a public–private colla boration involving Starza Corpo ration Sdn Bhd, ICT Zone Asia Bhd, and HP. The certificate was presented at the NRES Big Data Analytics Steering Committee Meeting 2025, chaired by the secretary-general Datuk Dr Ching Thoo a/l Kim. Formalised by Starza Corporation, the ministry’s ICT equipment provider, the CNCS initiative successfully offset the carbon footprint of 441 ICT assets, equivalent to 130.04 tonnes of CO Œ e. This reduction aligns with the annual greenhouse gas emissions of approximately 27.6 passenger vehicles. Ching emphasised that initiatives like CNCS demonstrate how sustainability can be practically integrated into government operations, supporting Malaysia’s

Net Zero 2050 aspiration and Malaysia’s Madani principles. He also reminded all ICT suppliers of their responsibility in managing electronic waste (e-waste) responsibly. Disposal processes will continue to be monitored by the Department of Environment (DOE) through the existing eSWIS system to prevent environmental pollution. Starza Corporation, a Bumiputera-owned ICT solutions and rental provider, led the implementation of the CNCS initiative under a green rental and leasing framework. The programme enables NRES to modernise its ICT infrastructure while reducing the carbon footprint associated with device usage and improving cost efficiency. Starza Corporation managing director Zafidi Mohamad said the handover of the sustainability certificate reflects tangible outcomes achieved through responsible ICT deployment and close collaboration with government and industry partners. The initiative was powered by ICT Zone Asia, a pioneer in technology financing (techfin), which provides

From left: Starza Corporation Sdn Bhd business development manager Halim Idris, HP Enterprise director Nicholas Fan, ICT Zone Asia Bhd chief operating officer Vincent Ng Soon Kiat, Ching, Deputy Secretary-General (Environmental Sustainability) Ministry of Natural Resources and Environmental Datuk Nor Yahati Awang, and Division Secretary of Information Management Hafizah Yahaya @ Ab Rahman at the NRES Big Data Analytics Steering Committee Meeting 2025.

sustained over the full lifecycle of the assets,” he said. Together, the collaboration among NRES, Starza, ICT Zone, and HP demonstrates how digital transformation and environmental responsibility can advance hand in hand, creating a scalable model for green ICT adoption across Malaysia’s public sector.

ICT Zone Asia managing director and CEO Tommy Lim Kok Kwang said the group’s role is to ensure that a practical, disciplined financing framework supports sustainability initiatives. “Through CNCS, we help translate policy intent into execution by enabling carbon-neutral ICT solutions to be managed and

the technology financing structure and lifecycle management framework behind the CNCS programme. As a long-standing strategic partner of Starza, ICT Zone enables subscription-based ICT models that integrate financing, asset lifecycle optimisation, and sustainability reporting.

Tanco appoints HK partner to run smart container port KUALA LUMPUR: Tanco Holdings Bhd’s 79%- owned subsidiary Midports Holdings Sdn Bhd (MHSB) has appointed Hong Kong-based Ocean Bridge International Ports Management Co Ltd (OBIPM) as the operator of the smart artificial intelligence (AI) container port project in Port Dickson. Tanco said in a filing with Bursa Malaysia yesterday that OBIPM will operate and manage the port terminal and its related assets owned by MHSB, and carry out related business using advanced AI and automation technology, among other aspects. OBIPM will further assist MHSB in optimising the terminal’s design and feasibility studies, equipment selection and configuration, production technology, regulatory frameworks, maintenance standards, personnel training and port commissioning. “OBIPM management team will be stationed at the terminal to operate the terminal through MHSB as the platform. “OBIPM shall assume overall responsibility for the operation, management, and oversight of all assets, business activities, and personnel at the terminal as covered within the scope of cooperation,” it said. Tanco stated that OBIPM will manage the daily operations and rights of the relevant assets, while MHSB will retain ownership of the terminal assets along with any profits or losses from operations. “The rationale for the agreement is to form a strategic partnership with a qualified, experienced and reputable port operator that will support economic growth in Negeri Sembilan and expand the group’s business activities and revenue sources,” it said. The company noted that the agreement will not have any effect on its share capital, substantial shareholders’ holdings, net assets, gearing or earnings for the financial year ending June 30, 2026. – Bernama

Resintech secures US$3.97m Cambodia water project KUALA LUMPUR: Resintech Bhd’s wholly owned subsidiary Resintech Plastics (M) Sdn Bhd signed a contract with Phnom Penh Water Supply Authority for the supply and delivery of HDPE pipes and fittings (Batch 2) under the Bakheng Water Supply Project Phase 3 in Cambodia.

The contract, which runs for five months, has an estimated value of US$3.97 million, equivalent to approximately RM16.07 million based on prevailing exchange rates. Resintech managing director Datuk Dr Teh Kim Poo said this second contract under the Bakheng project reflects the company’s growing participation in regional water infrastructure works. “Together with ongoing water investments in Sarawak and Sabah, we see steady demand for our products over the next few years,” he said in a statement. This contract represents the second batch secured by Resintech under the Bakheng Water Supply Project Phase 3. The Bakheng Water Supply Project is one of Cambodia’s largest water infrastructure projects. It is financed by the Agence Française de Développement (AFD), France’s official development bank, together with the Phnom Penh Water Supply Authority. AFD has supported Cambodia’s water sector for nearly two decades, funding treatment plants and network expansion projects to improve water access and reduce non-revenue water. Resintech’s regional progress comes alongside significant water infrastructure spending in East Malaysia. In Sarawak, more than RM6 billion worth of water and sewerage projects have been approved under the 13th Malaysia Plan (13MP), including treatment plants, transmission pipelines and rural distribution systems. In Sabah, the state government has placed water security as a priority, with large-scale projects and budget allocations aimed at

Five-month contract for HDPE pipes marks Resintech’s second supply deal under Cambodia’s Bakheng Water Project. expanding clean water supply and upgrading ageing infrastructure.

comprising 158 units together with four shoplots. Once the project is completed, which is targeted for the middle of 2028, it is expected to generate additional recurring income of around RM1.5 million a year. This would effectively double the group’s existing contribution from property-related rentals. “With manufacturing demand supported by multi-year water infrastructure programmes and rental income providing a stable recurring contribution, we are comfortable that the group is positioned for double-digit revenue growth over the next few financial years, barring unforeseen circumstances,”Teh said.

Together, these programmes provide clear medium-term demand visibility across the group’s product portfolio, including HDPE and uPVC pipe systems, water storage tanks, fittings, and other infrastructure-related solutions, with scope for additional product offerings as projects progress. Beyond manufacturing, Resintech is also expanding its recurring income base through property assets. The group is currently developing a workers’ apartment project in Kuala Langat