Entity

Pengerang Energy Complex Sdn. Bhd. (PEC) is a Malaysian private limited company established primarily to develop, own, and operate integrated energy and petrochemical project assets in Malaysia. The principal activities of PEC include:

• Serving as the project vehicle and asset-owning entity for the Pengerang Energy Complex, managing all legal, contractual, and financial affairs related to the project.
• Acting as the corporate counterparty for financing, investment, and partnership arrangements relating to the development and future operation of energy infrastructure at Pengerang.
• Overseeing project management, regulatory compliance, stakeholder engagement, and reporting alongside its parent company, ChemOne Group.
• Coordinating with construction, technology, and operations partners for large-scale industrial projects under its direct ownership.
• Ensuring adherence to international standards of governance, sustainability, and project risk management across its portfolio.

PEC is not a general trading or manufacturing company; its activities are focused on project-specific asset management and development as the principal entity behind the Pengerang Energy Complex. All operational, financial, and legal matters connected to the Pengerang Energy Complex in Johor are managed through this company.