Latest news with #NCTGroup
New Straits Times
5 days ago
- Business
- New Straits Times
NCT Group wins regional award for low-carbon industrial park
KUALA LUMPUR: NCT Group of Companies has bagged the Sustainability Champion Award at the Asia Pacific CEO Sustainability Awards 2025, recognised for its work in low-carbon industrial development. The award was attributed to the group's NCT Smart Industrial Park (NSIP), launched in 2023 as Malaysia's first certified Managed Industrial Park, NCT said in a statement today. It added the 296.23-hectare site incorporates integrated, sustainable design and infrastructure. NSIP recently achieved a five-diamond rating under the Low Carbon Cities 2030 Challenge, after implementing measures that cut baseline emissions by over 50 per cent. Group managing director Datuk Seri Yap Ngan Choy said the recognition supports NCT Group's efforts to shift towards a more sustainable business model. Group executive director Datuk Joe Yap Fook Choy accepted the award on his behalf. "This recognition reflects NCT Group's vision and passion for creating meaningful, lasting impact through every project we undertake," Ngan Choy said. "At NCT Group, we have always strived to craft world-class developments that are not only architecturally exceptional, but also sustainable and purposeful," he added. The group is also developing other green-certified projects, including the NCT Innosphere in Bukit Kayu Hitam, which received the GreenRE Silver Provisional certification in February. The Asia Pacific CEO Sustainability Awards honour individuals and organisations contributing to environmental, social and governance practices in the region.
New Straits Times
23-05-2025
- Business
- New Straits Times
NCT Group, Canada's Intrinsic Venture to leverage RM615mil fund to catalyse innovation
KUALA LUMPUR: Canadian venture capital firm Intrinsic Venture Capital has partnered with the Invest NCT Programme under NCT Group to support industrial innovation and drive Malaysia's economic transformation. The partnership aims to leverage Intrinsic Venture's RM615 million (CAD 200 million) fund to catalyse innovation, smart industry growth and global market integration from Malaysia. It also aims to empower high-growth start-ups and advanced industries at the NCT Smart Industrial Park (NSIP), under the theme "New Money for New Industries". The fund targets strategic sectors including semiconductors, medical technology, electronics, green technology and digital infrastructure, positioning NSIP as Southeast Asia's leading hub for smart industrial transformation. The initiative was formalised with the signing of a Memorandum of Understanding (MoU) today between NCT Group and Intrinsic EO, a global cross-border financial consultancy. The MoU outlines plans to integrate global finance, digital infrastructure, and market entry strategies into the NSIP, in line with the objectives of Malaysia's National Industrial Master Plan 2030 (NIMP 2030) and Industry ESG 4.0 standards. NCT founder and group managing director Datuk Seri Yap Ngan Choy said the strategic partnership with Intrinsic EO opens exciting possibilities for NSIP and Malaysia's industrial landscape. "By tapping into global expertise and digital capabilities, we are not only strengthening NSIP's value proposition as an investment-attractive industrial hub, but also reinforcing our commitment to sustainable and innovation-led development," he said in a statement. Intrinsic EO chairman Andrew Sanden said the partnership allows the company to bring its international experience in market expansion, cross-border investment, and digital transformation to a strategic location in Southeast Asia. "Together with NCT Group, we aim to build a smart, connected industrial environment that supports companies entering and scaling within the region — while contributing to Malaysia's role as a regional hub for innovation and sustainable industry," he said. As a strategic facilitator, the Invest NCT Programme offers flexible industrial property models, including Built-to-Suit and lease-to-buy schemes, supported by a capital consortium comprising venture capital, private equity, bank co-investments, and talent bank resources. It embodies a future-forward investment strategy that integrates "New Finance, New Money" principles to create a fully bankable industrialisation model.
