09-07-2025
- Business
- New Straits Times
Nasdaq-listed ATPC forms regional alliance for energy, infrastructure projects
KUALA LUMPUR: Nasdaq-listed Agape ATP Corp (ATPC), through its unit ATPC Green Energy Sdn Bhd, has teamed up with Global Strategic Solutions LLC (GSS) and Vietnam-based BM Trading Services Company Ltd (BMT) to pursue major energy and infrastructure initiatives.
The collaboration marks a significant step in ATPC's expansion into large-scale energy and infrastructure projects across Southeast Asia, Africa, and Eastern Europe.
The trilateral alliance is set to advance initiatives in petroleum trade, energy transition, and infrastructure development in emerging markets by leveraging the partners' combined technical, operational, and strategic expertise.
Its founder and global group chief executive officer, Datuk Seri Dr How Kok Choong, said the partnership represents a strong synergy to address complex challenges in the sector.
"By combining our technical, operational, and strategic strengths, we are well-positioned to deliver transformative projects that improve lives and drive economic growth while accelerating the adoption of sustainable solutions in emerging markets," he said in a statement.
The US-based firm GSS said the initiative opens exciting opportunities to implement energy and infrastructure solutions that address pressing needs in underserved markets, particularly through its expertise in digitisation, infrastructure, and government engagement.
BMT, with a solid presence across Southeast Asia, is focused on enabling cross-border trade and aligning strategic business initiatives, bridging Vietnamese business opportunities with international markets.
The partnership agreement includes an initial three-year exclusivity clause, which will automatically renew for successive one-year periods, covering projects within the agreed regions.
Under the agreement, ATPC will offer engineering, procurement, and construction services, along with technical advisory, particularly in clean energy and petroleum trading infrastructure.
GSS will lead project identification, due diligence, and investor engagement across multi-jurisdictional efforts.
BMT will serve as the on-ground commercial facilitator, overseeing deal structuring, regulatory navigation, and project execution in sectors such as diesel, digitalisation, hydrogen, and logistics.
