KUALA LUMPUR: G Capital Bhd (GCAP) has entered a memorandum of understanding (MoU) with Smart Sabah Corporation Sdn Bhd to establish a framework for collaboration for business opportunities and potential business ventures.
In an exchange filling today, GCAP said the partnership entails the mutual intentions to to explore collaboration on a green technology project reference "Projek Merancang, Merekabentuk, Membangun, Melaksana dan Menyelenggara Loji Pengeluar Tenaga Hijau Sabah (Tenaga Elektrik) 3500 MW di Pantai Timur Sabah" to be awarded by the state government of Sabah.
SMART Sabah, lead by Datuk Seri Bung Mokhtar Radin as the chairman, is a Sabah state-owned company (GOC) providing information, communication and technology services and related management and security consultant services.
Bung Mokhtar said the collaboration signified one among many other milestones to materialise SMART Sabah's vision for Sabah to become Malaysia's first green state.
GCAP executive director Tan Sri Dr Ali Hamsa said the company is vesting great confidence in a fruitful journey for its stakeholders.
"We have set a right pivot in our recent diversification into energy solution providing business, landing ourselves into the start of many energy solutions providing opportunities that will benefit the public at large," he added.