A strategic investment is made through KABEH to acquire 100% stake in Tunjang Tenaga Sdn. Bhd. ("TTSB") , which holds an 80% stake in SDF Hydro Sdn. Bhd ("SDF"). The plant, Pedu Dam in Kedah, Malaysia, run by SDF, has a total approved capacity of 9.6 MW and a net export capacity of 8.0 MW approved by the TNB substation.

Strengthened KAB's Board by the latest appointment of seasoned energy professionals, Ts. Dr. Amanda Lee Sean Peak and Mr. Jonathan Wu Jo-Han as an Independent Non-Executive Director and Executive Director respectively. 

Certified with ISO 37001:2016 Anti-Bribery Management System by NQA.  

Released the educational piece titled: The Hidden REC Potential of Malaysia's Hydropower Industry on The Edge Malaysia. 

Further broadened KAB Board's expertise with the latest induction of Datuk Wira Mubarak Hussain as Non-Independent Non-Executive Director. 

Elevated engineering order book with two engineering contracts announced,  including 14th contract from Mah Sing Group Berhad, and 13th contract from Pembinaan Bintang Baru Sdn Bhd. Both contracts, valued at RM39.3 million proved KAB's engineering capabilities over the years despite transformation into the Sustainable Energy Solutions (SES) realm.

Officially recognised as the APAC 2024 Top Energy Sustainability Solutions Provider and featured on Energy Business Review's Energy Sustainability Magazine cover story. 

Featured on The Star twice in June, to share perspectives on the development and potential of data centres as a thought leader.

Featured  in a special interview on BFM Caijin podcast, focused on exploring KAB's journey and strategic initiatives. 

Expanded hydroelectric power portfolio  with the completion of a proposed acquisition of Tunjang Tenaga Sdn Bhd ("TTSB") taken place in Feb 2024.  

Entered into a Memorandum of Understanding ("MOU") with Kedah state-owned investment company, Permodalan Kedah Berhad to advance Sustainable Energy business by integrating combined technical expertise and extensive business acumen. 

Became first 100 subscribers of Bursa Malaysia's Centralised Sustainability Intelligence (CSI) platform to adopt ESG disclosures in line with internationally recognised standards.

Established strategic partnership with Johor Corporation ("JCorp") to advance Malaysia's sustainable energy landscape, including developing customised Energy Efficient (EE), Renewable Energy (RE), Clean Energy (CE) initiatives for energy-related facilities and engineering projects for data centres or other related facilities under JCorp.

Proved success of strategic expansion through announcement of earnings in 1H FY2024 where Group profit surged 77.8%, while Energy segment revenue tripled from 2nd Quarter. 

At IGEM 2024, KAB demonstrated its expanding capabilities, highlighting its portfolio of sustainable energy solutions and advanced technologies, driven by the primary objective of enhancing supply chain resilience in climate mitigation efforts.

Featured in Nanyang 2025 Budget Wishlist article for the second time, as 1 of 7 companies representing various industries to contribute insights on  the challenges and recommendations for the advancement of Malaysia's Sustainable Energy industry.

Conducted the 2nd ESG Campaign themed "Leading Adaptable Change"  to promote environment sustainability, social responsibility and governance excellence, fostering lasting awareness and action among stakeholders and reinforcing KAB's role as a catalyst for positive change.

Featured in TIME's Person of The Year edition under The Intelligent Investor's 1st special report on Malaysia (page 28-29): "Malaysia — Attracting Sustainable Business”, showcasing Malaysia as a leading destination for global investment.

Secured a RM 230 million EPCC contract from Sipitang Utilities (formerly known as Regas Terminal Lahad Datu Sdn Bhd), a wholly owned subsidiary of PETRONAS Gas Berhad to develop a 70.2 megawatt power plant and its associated facilities in Sabah, Malaysia.  

Appointed as the local technical partner of PETRONAS Gas Berhad and hold a stake in Sipitang Utilities Sdn Bhd (SUSB).

Successful business transformation into Kinergy Advancement Berhad showcases our notable technological expertise and substantial growth within the energy industry.

Expanded Solar PV Portfolio through the completion of the acquisition of the entire entity of Matahari Suria Sdn Bhd (MSSB).  MSSB owns a solar PV system on Universiti Teknologi Malaysia Kuala Lumpur's rooftop and holds a renewable energy power purchase agreement with Tenaga Nasional Berhad until 2037.

Diversified Sustainable Energy Portfolio with KAB's 1st mini-hydropower plant in Indonesia.

Launched KAB's 1st ESG Campaign — "ASCENT" to establish a sustainable supply chain.

On board with Bursa Malaysia’s CSI Platform Early Adoption Programme as part of Mah Sing's Supply Chain Sustainability Improvement Program.

Join forces with Alliance Bank Malaysia Berhad (ABMB) to drive sustainable energy and green technological innovation in Malaysia.

Featured in an article highlighting industry expectations for economic growth and active involvement in NETR and NIMP initiatives for 2030, recognised as 1 of 5 companies on the Nanyang 2024 Budget Wishlist.

2nd contract awarded by PETRONAS Gas Berhad in a year. Awarded project to support utility expansion and improve infrastructure for the conversion of Liquefied Natural Gas (LNG) carriers into Floating Storage Units (FSUs) at the Pengerang Regasification Terminal. 

Our presence regarding Sustainable Energy Solutions has been highlighted by prominent media outlets like The Edge, The Star and The New Straits Times.

Completed acquisition of the 1st Biogas Energy Plant, a 2.4 megawatt capacity through Future Biomass Gasification Sdn. Bhd. (FBG) in Kedah, Malaysia. 

Strengthened over a 10-year period of involvement with giant property Mah Sing Group Berhad with the 13th contract awarded for the M. Nova residential development project.

Strategic partnership with the Top 2 leading fertiliser supplier, AGROMATE, to spearhead Bioenergy Generation across Palm Oil Mills in Malaysia.

Special mention in a research report by the Datametrics Research and Information Centre (DARE) entitled A Comparative Analysis of Renewable and Sustainable Energy Platforms in Malaysia.

1 of 11 New Inclusions to FTSE4Good Bursa Malaysia (F4GBM) and FTSE4Good Bursa Malaysia Shariah (F4GBMS) Indexes. 

Featured on The Edge Bumper Issue (ESG Pull-out), December’s edition topic: KAB Strengthens Waves of Growing Energy Demand: Created an Enriched Energy Avenue with Alternative Sustainable Solutions. 

Danajamin guarantees KAB’s RM500mil sukuk murabahah programme KAB Telco Sdn Bhd, a wholly owned subsidiary of KAB, forms a joint venture with MRH Empire Sdn Bhd to build and operate telecommunication towers

Signed Sales Purchase Agreement to acquire an 11 Megawatt hydro power plant in North Sumatera, Indonesia 

Secured RM16.7 million Bon Kiara Condominium Project

On-going acquisition of the entire equity of Matahari Suria Sdn Bhd and will continue its ongoing purchase contract to supply energy to Tenaga Nasional Berhad (TNB) up to 2037

Venture into the Biogas industry: On-going acquisition acquisition of Future Biomass Gasification Sdn Bhd to supply 2.4 Megawatt biogas energy

Signed two (2) Power Purchase Agreements with a total combined capacity of 3.4 Megawatt with Nextgreen Pulp & Paper Sdn Bhd, a subsidiary of Nextgreen Global Berhad, to initiate the development of a Green Technology Park at Pekan, Pahang

Diversification into Sustainable Energy Solutions (SES) Segment on 17 November 2022

Secured M&E contracts for: Agile Embassy Garden for RM23.4 million; Trion2 and The Pulse Residence for RM14.7 million Multibay mixed development project for RM17.9 million

Acquired entire equity interest in Dynagen Power (M) Sdn Bhd to supply 2.2 Megawatt power

Secured 15,814 kilowatt-peak Malaysia and Thailand Solar PV Projects

Listed on the FBM EMAS Index in July

Rated 3 Stars in FTSE Russell December Assessment

Embarked into robotic solutions business as an OTSAW's Authorised Reseller in Malaysia

Transferred from ACE Market to Main Market of KLSE on 28th August 2020 Reached RM1.2 billion total cumulative project awarded valueMarket cap hit RM1 billion during migration Making headway in sustainability agenda development

Secured RM46 million worth Metropolis Project Venture and expand into energy efficiency, solar power, cogeneration and waste heat recovery business

Listed on the ACE Market of Bursa Malaysia Securities Berhad on 17th November 2017

Secured contract value at RM41.4 million EkoCheras, Cheras, KL

Secured First contract for the provision of ELV services at UniKL Malaysia Institute of Aviation Technology Campus, Subang, KL

Secured First FTTH project at TTDI Adina at Shah Alam, Selangor

Secured First refurbishment project - UE3 Shopping Mall. Diversified into provision of mechanical engineering services

Accredited with the BS EN ISO 9001:2008 certificate by NQA Certification Services (M) Sdn Bhd

Registered with the CIDB as a Grade 'G7' license holder

Secured First provision of electrical engineering services project for residential apartments at Ampang, Selangor

Registered with Energy Commission Malaysia as a Class A electrical contractor

Founded on 24th February 1997 as a private limited company