Dear Valued Customers,

We are pleased to inform that the retail offering of Greenergy IPO is now open for subscription and will close at 5:00 pm, 28 Nov 2025.

Greenergy is a leading renewable energy systems provider, specialising in customised steam energy and steam turbine generator solutions. In Malaysia, Greenergy is the largest provider of steam turbine generator systems and the 2nd largest provider of biomass steam energy systems in 2024. Meanwhile, in Indonesia, Greenergy is among the top steam turbine industry players in 2024 and a leading player within non-utility end user segment. It is the only appointed distributor of Shinko-brand steam turbines offering competitive performance assurance.

Greenergy’s key investment highlights are as follows:

• Market leading renewable energy systems provider in Malaysia, well positioned to capitalise on opportunities within the renewable energy space
• Design and deliver customised energy systems and engineering solutions that optimise energy efficiency and performance
• Broad customer base by leveraging Greenergy’s direct and indirect distribution channels, strengthening customer loyalty and expanding the market reach
• Robust financial track record underpinned by strong order book of secured contracts, providing solid foundation to secure new projects
• Experienced key senior management team with vast industry experience and backed by reputable shareholder

For more information on applying for IPOs on M2U, click here.