KUALA LUMPUR, 19 April 2024 – UEM Sunrise Berhad (“UEM Sunrise” or the “Company”) marked a significant milestone through the groundbreaking event for The Beat 2.0, Kiara Bay and a signing ceremony with two (2) esteemed partners, Harvey Norman Malaysia and BM Green Energy Sdn. Bhd. (formerly known as Boilermech Cleantech Sdn. Bhd.).

Since its inception in Kiara Bay on April 2022, The Beat became a thriving retail destination housing a sales gallery, 21 lakefront retail lots, F&B establishments, and open carpark including EV charging stations within a land size of 11.66 acre. With a full 100% take up rate, Village Grocer being the anchor tenant occupies the majority 64% of total Net Leased Area (“NLA”).

Following The Beat’s success to redefine retail and lifestyle offerings in the vicinity, UEM Sunrise is delighted to announce the launch of “The Beat 2.0”. To leverage on the area’s expanding activity and recent property launches such as Residensi Zig, The Beat 2.0 welcomes Harvey Norman as the newest retail gem, symbolising the Company’s commitment to enrich Kiara Bay’s retail experience and its vibrant landscape.

UEM Sunrise’s Chief Executive Officer, Sufian Abdullah said “We are proud to embark on this collaboration with Harvey Norman to promote The Beat 2.0 as an innovative urban development, which seamlessly integrates living, leisure, and retail elements.”

Significantly, UEM Sunrise appointed BM Green Energy, a registered Solar Photovoltaic (PV) investor under the Sustainable Energy Development Authority of Malaysia (SEDA), and its sister company, TERA VA Sdn. Bhd. to install, operate, and maintain a Rooftop Solar PV Energy System at The Beat. This initiative supports the Company’s Sustainability agenda, aimed to reduce carbon footprint and improve energy efficiency, whilst contributing to a greener environment at Kiara Bay.

“Switching to renewable energy sources exemplifies UEM Sunrise’s dedication towards sustainable energy consumption. On top of savings in utility bills, collaborating with BM Green Energy to power The Beat with solar energy will put us on the right track towards achieving carbon neutrality target by 2050”, Sufian added.

The groundbreaking event shall witness the synergies between Mega Legacy (M) Sdn Bhd, Harvey Norman, and BM Green Energy; together marking a significant step in innovation and sustainable living. The signing ceremony will be represented by Puan Zaida Khalida Shaari, Chairlady of Mega Legacy and Director of UEM Sunrise, Mr. Jonathan Toh, Chief Operating Officer of Harvey Norman, and Mr. Gan Chih Soon, Executive Director of BM Green Energy.

# # #

About TERA

TERA VA Sdn Bhd (“TERA”) is a leading solar PV engineering, procurement and construction (EPC) company with Residential and Commercial & Industrial segments, and largescale solar operations. Established in 2011 and registered with the Sustainable Energy Development Authority and the Construction Industry Development Board, TERA has delivered 100,000 kWp across 2,000 premises in Peninsular Malaysia.

Registered with the Energy Commission and the Sustainable Energy Development Authority, TERA focuses on customer-centered solar PV solutions designed to generate long-term value for users. The company has installed 100,000 kWp across 2,000 premises in Peninsular Malaysia, spanning residential, commercial and industrial, and large-scale projects. TERA is also ISO 9001:2015 certified for quality management and adheres to MS 1837:2018 standards for grid-connected PV system installations.

TERA is a wholly-owned unit of Main Market-listed BM Greentech Berhad (‘BM Greentech’), a climate change solutions leader with bioenergy, water (waste and raw) treatment, and solar energy segments. BM Greentech focuses on innovation and advocating the use of green technologies to create value for customers and reduce the environmental impact of businesses. It is a subsidiary of QL Resources Berhad.