Energem Corp.
ENCPW
NASDAQ Global Market0.03
USD
- -
- -
CIK
0001879373
ISIN
KYG304491213
CUSIP
G30449121
Return %
Stock
S&P500
1Y
- -
18.44
3Y
-45.00
63.65
5Y
-89.69
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Swee Guan Hoo
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Tower 11 (Sanichi) Kuala Lumpur Malaysia 59200
- IPO Date
- Jan 10, 2022
- CIK
- 0001879373
- Similar Companies
- Business
- Energem Corp. (Nasdaq: ENCP, ENCPW) operates as a blank check company focused on effecting mergers, capital share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations, primarily targeting businesses in the energy sector, including oil and gas, renewable energy, industrials, and adjacent technologies; it previously had no significant independent operations or products. Incorporated in 2021 and headquartered in Kuala Lumpur, Malaysia, the company completed a reverse recapitalization merger with Graphjet Technology Sdn. Bhd. on March 14, 2024, valued at approximately $1.49 billion, through which Graphjet became a wholly-owned subsidiary, Energem was renamed Graphjet Technology, and its ordinary shares began trading under the ticker GTI on Nasdaq. Post-merger, the combined entity, led by Graphjet's management and now based in Shah Alam, Selangor, Malaysia, produces artificial graphene and graphite using the world's first patented technology that recycles palm kernel shells—a common agricultural waste from palm seed oil production—into single-layer graphene and battery-grade graphite for applications in energy storage, electric vehicle batteries, semiconductors, electronics, composites, and biomedical products; production at its initial facility processes 30,000 tons of dried palm kernel shells annually to yield 10,000 tons of graphite and 60 tons of graphene. Recent developments include a 1-for-60 reverse stock split approved by shareholders in August 2025 to maintain Nasdaq compliance, plans for a new production plant in Nevada to expand U.S. manufacturing amid growing semiconductor demand driven by partnerships like Samsung-Tesla for AI chips, and increasing engagement with multinational clients through sample qualifications and facility visits from delegations such as Japanese trading companies. Graphjet's sustainable process achieves up to 80% lower costs and 83% reduced operational footprint compared to conventional methods, with only 2.95kg of CO2 emissions per kg of graphite produced, positioning it to supply high-performance materials across global markets including electric vehicles, AI data centers, and advanced materials sectors.