Synergy ESCO (Malaysia) Sdn. Bhd. a subsidiary of the Hong Kong-listed Unity Group Holdings International Limited has entered a strategic partnership with Malayan Banking Berhad to secure bank facilities of RM50,000,000 for its portfolio of Environmental, Social, and Governance (ESG)-aligned energy efficiency projects nationwide.

"We are thrilled about the prospects that this collaboration with Maybank, the largest bank in Malaysia, presents," said Mansfield Wong, Chairman and Chief Executive Officer of Unity Group. "This partnership endorses our ESG footprints in Malaysia and make meaningful financial support to "turbo-charged" our implementation of efficient and sustainable energy solutions to our clientele and the environment", he elaborated.

To date, the Company has successfully deployed approximately 500,000 high energy-efficient LED lights, which is approximately 8.33% of our total target in Selangor, Malaysia. We have achieved energy savings of up to 72%. Our proprietary LED lights boast a lifespan of 150,000 hours at a defect rate of 0.01%, significantly contributing to the reduction of carbon emissions, labours, and wastages in support of Malaysia's goals to achieve carbon neutrality by 2050.