Yinson And SIDEC Form Strategic Partnership To Develop Selangor’s Sustainable Initiatives

KUALA LUMPUR – 23 October 2023Yinson Holdings Berhad (“Yinson” or the “Group”) has entered into a strategic partnership agreement with Selangor Information Technology & Digital Economy Corporation (“Sidec”), to implement and expand sustainable initiatives in Selangor, starting with the promotion of electric bikes and battery-swapping solutions offered through Yinson’s green technologies business unit, Yinson GreenTech (“YGT”).The agreement aims to reduce carbon emissions, promote green transportation, and improve mobility in Selangor, aligning with the state’s aspiration to be a smart, liveable, and prosperous state as outlined within the Selangor government’s First Selangor Plan (Rancangan Selangor Pertama or “RS-1”) 2021-2025.The exchange of