Mooreast Holdings Ltd., a Singapore Exchange-listed company, has announced a collaboration with Sime Darby Joy Industries Sdn Bhd, a subsidiary of Sime Darby Berhad, to develop offshore and renewable energy products in Malaysia. The partnership aims to explore and fabricate products related to offshore renewable energy and deep-sea equipment, leveraging Mooreast’s technical expertise and SDJ’s fabrication capabilities.
The collaboration is driven by the increasing demand for reliable engineering solutions in floating renewable projects within Malaysia and the broader region. Mooreast, known for its mooring solutions and as Asia’s sole drag embedment anchor designer, will provide technical support and raw materials. Meanwhile, SDJ will manage the pilot fabrication, including production scheduling and logistics.
Sim Koon Lam, Executive Director of Mooreast, highlighted the potential of the partnership, stating, “Sime is one of the most well-established industrial groups in the region. The proposed collaboration will allow Mooreast to broaden its reach in Malaysia.” Scott Nicholls, Managing Director of Industrial Solutions at Sime, added, “SDJ’s long-standing expertise, combined with Mooreast’s subsea know-how, will strengthen local supply chains, create skilled jobs, and support the country’s clean-energy transition.”
This strategic partnership not only aims to enhance local supply chains but also supports Malaysia’s clean-energy transition, promising tangible benefits for customers and stakeholders in the region.
