Solar District Cooling Group Berhad (“SDCG”), an established provider of building management systems (“BMS”), solar thermal systems and energy-saving services, today announced that all ordinary resolutions tabled at its Third Annual General Meeting (“3rd AGM”) were approved by shareholders.
The 3rd AGM was held at Monkeys Canopy, Sungai Long, Cheras, Selangor, with shareholders voting by poll on all resolutions tabled at the meeting.
At the 3rd AGM, shareholders received the Audited Financial Statements of the Company for the financial year ended 31 December 2025 (“FY2025”), together with the Reports of the Directors and Auditors thereon. Shareholders also approved the payment of Directors’ fees and benefits payable to the Non-Executive Directors for the period from 24 June 2026 until the date of the next Annual General Meeting of the Company to be held in 2027.
In addition, shareholders approved the re-election of Ms. Liuk Ing Hong, Ms. Wong Poh May and Mr. Liew Kong Fatt as Directors of the Company, reflecting continued confidence in the Board’s leadership, governance oversight and strategic guidance. Shareholders further approved the re-appointment of Messrs. Reanda LLKG International PLT as the Auditors of the Company for the ensuing year and authorised the Directors to fix their remuneration.
As part of the special business of the 3rd AGM, shareholders approved the authority for the Directors to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
The mandate provides the Company with flexibility to issue new shares of up to 10.0% of the total number of issued shares of the Company, subject to all relevant regulatory approvals, for purposes that may include funding current and future investment projects, working capital requirements and potential acquisitions.
Managing Director of SDCG, Mr. Edison Kong commented,
“We are grateful for the continued trust and support from our shareholders. The approval of all resolutions at our 3rd AGM reflects shareholders’ confidence in SDCG’s governance, business direction and long-term growth strategy. We remain focused on building a stronger operating platform, strengthening project execution and pursuing growth opportunities that are aligned with Malaysia’s energy transition agenda.
The demand for energy efficiency and renewable energy solutions continues to be supported by national policies such as the National Energy Transition Roadmap and the Energy Efficiency and Conservation Act. With our core capabilities in BMS, solar thermal systems, energy saving services and solar PV solutions, SDCG is well-positioned to participate in the structural growth of sustainable infrastructure in Malaysia.”
SDCG’s strategic partnership with Solarvest Holdings Berhad is expected to further support the Group’s access to broader green energy opportunities by combining SDCG’s specialised BMS capabilities with wider renewable energy solutions. The Group also aims to enhance its systems through the integration of Internet of Things (“IoT”) and cloud-based capabilities, enabling customers to monitor energy consumption and carbon footprint more effectively through real-time analytics.
With shareholders’ approval secured at the 3rd AGM, SDCG will continue to focus on strengthening its operating foundation, executing ongoing projects, expanding recurring income opportunities and delivering sustainable long-term value to shareholders.
For more information, visit www.sdc.my
