EGP Energy Corporation Limited has announced its first overseas expansion through a joint venture with Kum Fatt Engineering Sdn. Bhd., a subsidiary of UUE Holdings Berhad. This strategic move aligns with the company’s growth plans set out during its initial public offering in July 2026. The joint venture aims to capitalise on Malaysia’s burgeoning extra-high-voltage power grid infrastructure market.
The newly formed entity, EGP-UUE Power System Engineering Sdn. Bhd., will be established with an initial capital of RM1M. EGP Infrastructure Investments Pte. Ltd., a subsidiary of EGP Energy, will hold a 60% stake, whilst Kum Fatt Engineering will own the remaining 40%. The joint venture will focus on delivering comprehensive power grid solutions, including the supply and installation of equipment for voltages up to 500kV.
This partnership positions EGP Energy to benefit from Malaysia’s increasing investment in power grid infrastructure, driven by Tenaga Nasional Berhad’s grid modernisation efforts and rising electricity demand from sectors such as data centres and renewable energy. Frankie Fan, Executive Chairman and CEO of EGP Energy, stated, “This joint venture is an important first step in EGP Energy’s overseas expansion… We see this as the foundation for a long-term platform in Malaysia.”
EGP Energy’s expertise in high voltage systems, honed over three decades in Singapore, will be complemented by Kum Fatt Engineering’s local market knowledge. This collaboration not only strengthens EGP Energy’s presence in Malaysia but also sets a precedent for future international growth.
