- Business
- Jentayu Sustainables Berhad operates as a diversified holding entity in Malaysia, actively transitioning its core focus towards the renewable energy sector. The company's diverse portfolio spans across several operational divisions: Sustainable Energy, Trading, Property Development, Healthcare, and other related activities. In the realm of sustainable energy, Jentayu Sustainables is a significant developer of run-of-river hydropower facilities, particularly in Sabah, Malaysia, including the operational Telekosang 1 and 2 plants which contribute 40 MW to the state's grid. A flagship initiative, Project Oriole, a 162-megawatt (or 170MW) run-of-river hydroelectric project in Sipitang, Sabah, is currently under development, with an estimated cost approaching RM3 billion and a Power Purchase Agreement already secured with Sabah Electricity Sdn. Bhd. This project is anticipated to be operational by 2027 or 2028. The group also engages in solar power development across Malaysia, having completed a 100 MW solar photovoltaic plant in Marang, Terengganu, and a 0.5 MW self-consumption solar power project for an industrial client, alongside the approved acquisition of a 5.99 MW solar plant in Kedah. Furthermore, it offers Renewable Energy Certificates (RECs) to facilitate clean energy adoption. Within its trading division, the company functions as a comprehensive provider of building materials and solutions, distributing and supplying various construction and finishing products, heavy steel, architectural hardware, and home improvement items for the construction, infrastructure, and manufacturing industries, as well as direct consumers. This segment is evolving to align with the company's renewable energy ventures. The healthcare segment features Ohana Specialist Hospital in Kuala Lumpur, a facility dedicated to women and children, offering maternity, gynaecology, nursery, and paediatric care, complemented by general medical and surgical services via its 24-hour Accident & Emergency department. The hospital's license, which was temporarily revoked in April 2023 due to non-compliance, was subsequently reinstated in June 2023 after operational improvements. In property development, Jentayu Sustainables undertakes the planning and management of residential and commercial real estate, including property upkeep and related services. A notable joint venture project includes the development of a 10-story condominium in Kota Kinabalu, Sabah, projected for completion by mid-2026. Strategic asset rationalization involves monetizing non-core properties to fund its growing renewable energy portfolio. Other business areas encompass investment holding and specialized roofing works, including metal roofing, prefabricated roof trusses, ceiling, and interior fit-out services. Initially incorporated on April 19, 1975, the company was known as Ipmuda Berhad before officially adopting the name Jentayu Sustainables Berhad in January 2022. The company is headquartered in Kuala Lumpur, Malaysia. Jentayu Sustainables has also garnered external recognition, receiving a Silver1 Sustainability Rating from RAM Sustainability in October 2024, acknowledging its strategic shift toward becoming a prominent renewable energy contributor in Malaysia.