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Unity Group Holdings International Limited ( (HK:1539) ) has shared an announcement.
Unity Group Holdings International’s Malaysian subsidiary Synergy ESCO has secured a nationwide energy efficiency contract with major retailer Mydin Mohamed Holdings to retrofit approximately 210,000 lighting units across 21 MYDIN malls with ultra-high-efficiency ESG lighting. The phased implementation is designed to minimise disruption to retail operations while modernising energy infrastructure across Mydin’s extensive mall portfolio.
The project, structured under an Energy Performance Contract model, is projected to generate about RM138 million in electricity cost savings over 10 years, driven by up to a 78% reduction in lighting energy use and total savings of roughly 198 million kWh. It also delivers significant environmental benefits, including an estimated 153,125 tonnes of CO₂ reduction over a decade, reinforcing Malaysia’s wider sustainability agenda and strengthening Unity Group’s strategic position as a key provider of large-format energy retrofit solutions in the commercial retail sector.
More about Unity Group Holdings International Limited
Unity Group Holdings International Limited is a Cayman Islands-incorporated company whose Malaysian subsidiary Synergy ESCO focuses on energy efficiency solutions, including large-scale lighting retrofits, for commercial and retail clients. The group targets ESG-driven infrastructure upgrades that lower energy consumption and support decarbonisation across Malaysia’s retail sector.
Average Trading Volume: 1,386,472
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.38B
Find detailed analytics on 1539 stock on TipRanks’ Stock Analysis page.