Samaiden Group Berhad announce a strategic Power Purchase Agreement ("PPA") with Maxell Tohshin (Malaysia) Sdn Bhd ("Maxell Tohshin"). This significant agreement, set for a duration of 20 years, marks a pivotal commitment to sustainable energy use in manufacturing, underscoring a mutual dedication to environmental responsibility. Under this agreement, Samaiden will undertake the design and installation of an advanced solar PV system, boasting a capacity of 1,028.28-kilowatt peak (kWp) at Maxell Tohshin's premises.

This initiative is expected to significantly curtail carbon emissions from manufacturing operations, projecting an estimated carbon dioxide (CO2) avoidance of 974.66 tonnes per year, which aligns with both companies' visions for a greener industrial future. The 20-years solar energy partnership between Samaiden and Maxell Tohshin exemplifies a progressive step towards integrating sustainable practices within the manufacturing sector, contributing to the broader goals of reducing carbon emissions and fostering a sustainable business ecosystem.