The Board of Directors of Cypark wishes to announce that Cypark and PKNM Energy Sdn. Bhd. ("PKNME"), a wholly-owned company of Perbadanan Kemajuan Negeri Melaka, a corporate statutory body of the Melaka State Government, had entered into Cooperation Agreement Documents to participate in the WTE Public Private Partnership Project at Sungai Udang, Melaka.

Cypark was represented by its Group Chief Executive Officer, Dato’ Daud bin Ahmad while PKNME as the investment company of the Melaka State Government was represented by its Chairman, YBhg Datuk Wira Haji Hasnoor bin Sdg Husin, on the exchange of Cooperation Agreement Documents between PKNME and Cypark.

The event was witnessed by YAB Datuk Seri Utama (Dr.) Haji Sulaiman bin Md Ali, Chief Minister of Melaka at the Chief Minister of Melaka Office located at Kompleks Seri Negeri, Melaka today.

The Agreements allow Cypark and PKNME to jointly collaborate to explore, develop and resolve the state’s waste management issues using time tested and environmentally friendly technologies which includes the development of WTE projects in the state of Melaka.

Through this collaboration, Cypark is confident that the joint venture will move Cypark one step closer toward realizing its goal to develop more WTE project after developing Malaysia's first WTE project at Ladang Tanah Merah, Negeri Sembilan.

This announcement is dated 23 April 2021.