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Berjaya Rail Sdn Bhd (“Berjaya Rail”), an integrated rail solutions company, signed a Memorandum of Understanding (“MoU”) with SEEL Electronic & Engineering Sdn Bhd, a subsidiary of ST Engineering, to collaborate on turnkey rail projects in Malaysia.

PRESS RELEASE

BERJAYA AND ST ENGINEERING SIGN MOU TO ADVANCE INTEGRATED ELECTRONIC SYSTEMS FOR RAIL PROJECTS IN MALAYSIA

Date: 7 January 2025

Venue: Kuala Lumpur

7 January 2025 – Berjaya Rail Sdn Bhd (“Berjaya Rail”), an integrated rail solutions company, signed a Memorandum of Understanding (“MoU”) with SEEL Electronic & Engineering Sdn Bhd, a subsidiary of ST Engineering, to collaborate on turnkey rail projects in Malaysia.

Berjaya Rail is a subsidiary of Berjaya Land Berhad (“Berjaya Land”), a company listed on the Main Board of Bursa Malaysia Securities with local and international business presence, has expanded its core business to include rail transport. Berjaya Rail is focused on delivering integrated rail solutions and harnessing synergistic partnerships to deliver sustainable rail ecosystems.

Under the MoU, both companies will combine their technical capabilities and innovative solutions to explore opportunities in the Malaysian rail sector. The collaboration will focus on deploying cutting-edge integrated electronic systems that streamline operations, improve safety, and ensure seamless connectivity across rail networks.

Mr. Syed Ali Shahul Hameed, Group CEO of Berjaya Land and Board Member of Berjaya Rail, shared, “This strategic partnership with ST Engineering aims to harness our combined expertise to deliver world-class rail systems that optimise operational efficiency and elevate the passenger experience. By integrating innovative and sustainable solutions, we are committed to driving economic value and ensuring cost effective advancements in the rail industry.”

“This MoU highlights our shared interest in advancing Malaysia’s rail sector with best in-class technologies that enhance connectivity and experience for passengers and operational efficiency for operators. We look forward to collaborating with Berjaya Rail on future rail opportunities in the country,” said Mr Bernard Chow, Head, Mobility Rail and Road, Urban Solutions, ST Engineering.

The MoU was signed by Mr Farizul Baharom, Chief Executive Officer of Berjaya Rail and Mr Bernard Chow, Head, Mobility Rail and Road, Urban Solutions, ST Engineering.

For more information, please contact :
Mohamed Syairoz bin Mohd Odman
Communications & Sustainability Department
BERJAYA LAND BERHAD
Office : 03-21491257
Mobile: 018-6665999
Email : syairoz@berjaya.com.my

About Berjaya Rail Sdn Bhd
Berjaya Rail Sdn Bhd, is a subsidiary of Berjaya Land Berhad, focusing on five strategic areas namely advancing HSR Development, delivering Integrated Rail Solutions, driving TOD (Transit Oriented Development) /TAD (Transit Adjacent Development), elevating User Experience, and harnessing Synergistic Partnerships.

About Berjaya Land Berhad
Berjaya Land Berhad, a subsidiary of Berjaya Corporation, was incorporated in 1990 and is listed on the Main Board of Bursa Malaysia Securities has expanded its core business in Property Development & Investment, Hospitality, and Motor Retailing (H.R. Owen UK). Berjaya Land has a robust business presence across the globe, supported by a diverse portfolio spanning multiple industries and regions. For more information,
please visit www.berjaya.com/berjaya-land.

About ST Engineering
ST Engineering is a global technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defence and public security segments. The Group harnesses technology and innovation to solve real-world problems, enabling a more secure and sustainable world. Headquartered in Singapore, it has operations spanning Asia, Europe, the Middle East and the U.S., serving customers in more than 100 countries. ST Engineering reported revenue of over S$10b in FY2023 and ranks among the largest companies listed on the Singapore Exchange. It is a component stock of MSCI Singapore, FTSE Straits Times Index and Dow Jones Sustainability Asia Pacific Index.

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