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Solar District Cooling Group Berhad (Malaysia)

Main Activities: Office Administrative Services
Full name: Solar District Cooling Group Berhad Profile Updated: November 08, 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 in Malaysia under the Act on 25 April 2023 as a private limited company.
The Company s principal activity is investment holding company. The principal activities of subsidiaries are provision and maintenance of building management systems, solar thermal systems, other systems and equipment and other energy services.
2008 - The company commenced operations in 2008 and secured first contract for the installation and commissioning of a centralised solar thermal cooling system from the company shareholder at the time, Ikhasas Sdn Bhd with a contract value of RM0.85 million. The said contract was completed in 2008. The project was for its corporate headquarters in Bandar Bukit Puchong Industrial Park, Selangor. During that time, the company operated from rented premises in Bandar Bukit Puchong Industrial Park in Puchong, Selangor.
2009 - Solar District Cooling Sdn Bhd (SDC) was registered as a Grade 7 contractor with CIDB in the building, civil engineering and mechanical engineering categories. This registration is valid until April 2026. The Company expanded portfolio of services to incorporate systems integration of BMS when secured first project with a contract value of RM0.85 million from the company customer, a construction company. The systems integration of BMS was for a commercial building in Jalan Perak, Kuala Lumpur and the said project was completed in 2011. In the same year in 2009, the company continued to secure BMS projects from another construction company for the Istana Negara in Jalan Duta, Kuala Lumpur. The value of the contract was RM3.20 million and the project was completed in 2012.
2010 - The Company secured first project for the installation of a solar thermal hot water system which also included systems integration of BMS and automatic chilled water billing system for a 5-star hotel in Johor. The contract value was RM1.88 million and was awarded by a civil and structural engineering company. The said project was completed in 2012.
2011 - The Company expanded customer base to East Malaysia when secured a purchase order for the installation of a solar thermal cooling system from a building contractor for Sabah art gallery in Kota Kinabalu, Sabah. The value of the purchase order was RM0.41 million and the said project was completed in 2012. In addition, the company also secured a contract for systems integration of BMS from a construction company for the Jabatan Kerja Raya headquarters in Jalan Sultan Salahuddin, Kuala Lumpur in 2011. The value of the contract was RM2.09 million and the said project was completed in 2015.
2013 - The Company secured a purchase order to install a solar thermal cooling system from a mechanical and electrical contractor for the PKNS headquarters in Shah Alam, Selangor. The value of the purchase order was RM2.43 million and the said project was completed in 2017.
2014 - SDC incorporated its subsidiary, KED in 2014 where SDC held 80.00 equity interest in Kejuruteraan Efektif Dinamik Sdn Bhd (KED) while Ed Kamil Bin Md Bashah and Khoirol Suhardi Bin Shaaban, both of whom are employees of SDC, held 10.00 equity interest each in KED. KED commenced business operations in 2015 and is mainly focusing on providing mechanical and electrical works, and project management services for SDC's customers. In 2019, SDC disposed 10.00 of its equity interest in KED to Mohd Hanafy bin Rasimon, an employee of SDC who is also currently the Project Director of SDCG Group. Subsequently in 2022, Ed Kamil Bin Md Bashah, Khoirol Suhardi bin Shaaban and Mohd Hanafy bin Rasimon disposed their respective equity interest in KED to SDC, where KED became the wholly-owned subsidiary of SDC.
2016 - KED was registered as a Grade 3 contractor with CIDB in the building, civil engineering and mechanical engineering categories. KED's CIDB registration was subsequently upgraded to Grade 4 in 2023 and its current registration is valid until 2025. The company e acquired a 3-storey shop office premises in Taman Kajang Perdana in Kajang, Selangor with a built-up area of approximately 4,628 sq. ft. and moved from our previous office premises at Bandar Bukit Puchong to this property as our current Headquarters. The company secured a contract from a concessionaire of public hospital support services to install a solar thermal cooling system for a public hospital. The contract involved installing a new solar thermal cooling system and integrating it with the existing electric chiller for the Duchess of Kent Hospital in Sandakan, Sabah. The contract was valued at RM3.20 million and the project was completed in 2017. The company obtained the rights to use MyHIJAU Mark from Malaysia Green Technology and Climate Change Corporation for the SDC brand of solar evacuated tubes and solar water heaters in 2017 which is valid until 2025. MyHIJAU Mark is the official green recognition scheme endorsed by the Government of Malaysia and is an initiative embarked on by Malaysia Green Technology and Climate Change Corporation.
2017 - The company secured 3 contracts for the supply, delivery, installation, testing and commissioning and maintenance of BMS and building security system works for Business School Residence Project, Conference and Training Facility Project and the Business School Project. The said contracts had a total value of RM10.08 million. The said projects were completed between 2019 and 2020.
2019 - The company started providing energy performance services with a contract to Customer D, a concessionaire to provide public hospital support services, for installation of hybrid solar thermal hot water system in Hospital 1. ince 2019 and up to the LPD, the company have a total of 7 energy performance service contracts with 3 different concessionaires of public hospital support services. As at the LPD, 6 of these energy performance service contracts are still subsisting up to 2025.
2021 - The company secured a distributorship for the “Haitai Solar” brand of solar PV panel for the Malaysian market from Tangshan Haitai New Energy Technology Co., Ltd based in Tangshan, Hebei province in China in 2021. As at the LPD, the company continue to be a distributor of Haitai Solar's solar PV panels for the Malaysia market. The company obtained the rights to use MyHIJAU mark for Haitai Solar PV panels systems in 2022 which are valid until 2025.
2022 - KED became a wholly-owned subsidiary of SDC in December 2022.
202 - SDCG was incorporated
2024 - The company secured the Rail Transit Project which comprise the stage 1 refurbishment and upgrading of BMS controllers, servers and workstations. This project has a contract value of RM3.44 million and is on-going as at the LPD.

Headquarters
Wisma Sdc, No. 25, Jalan Kajang Perdana 3/2, Taman Kajang Perdana
Kajang; Selangor; Postal Code: 43000

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Website: http://sdc.my

Basic Information
Outstanding Shares:
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Incorporation Date:
2023
Key Executives
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Chairman
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Managing Director
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Director/Member of the Board
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Secretary
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Outside Director
Ownership Details
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64.8%
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7.2%
Subsidiaries
Solar District Cooling Sdn. Bhd.
100%
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