MIGHT Annual Report 2024

VentureTECH’s investee company, Nexagate, celebrated its 14 th anniversary and launched its Global Security Operations Centre (GSOC). The event was officiated by Encik Ahmad Redzuan Sidek, CEO of VentureTECH, and Tuan Haji Mohammad Hazani Haji Hassan, Group CEO of Malaysian Technology Development corporation (MTDC). The GSOC will provide 24/7 cybersecurity services, protecting critical sectors such as public services, banking, telecommunications, and energy. This launch marks a significant step in strengthening Malaysia’s cybersecurity capabilities and safeguarding national critical infrastructure. VentureTECH’s partnership with Nexagate underscores its commitment to empowering Bumiputera companies, fostering technological innovation, and driving high-growth, high-value industries. Nexagate’s 14 th Anniversary and Launching of Global Security Operations Centre (GSOC) Nexagate Office, Kuala Lumpur 14 October 2024

Signing of Investment Agreement Between VentureTECH and MTC Orec

Kulai, Johor 23 December 2024

VentureTECH has invested in MTC Orec Sdn Bhd, a Bumiputera company in the bioenergy sector, marking a key step in advancing Malaysia’s renewable energy initiatives. This collaboration reflects a shared commitment to sustainability and environmental responsibility. The partnership will support biomethane plant projects across Malaysia, including initiatives with major oil and gas companies. By converting waste into renewable energy, these projects tackle waste management challenges, reduce greenhouse gas emissions, and create economic opportunities for local communities. Together, VentureTECH and MTC Orec aim to set a benchmark for impactful biogas projects, driving carbon reduction, inclusive growth, and expanding Bumiputera participation in the renewable energy sector.

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