CAPE EMS Bhd, a Main Market-listed electronic manufacturing services (EMS) solutions provider with global presence, has sealed a strategic cooperation agreement with Shanghai Sermatec Energy Technology Co Ltd, a globally-renowned energy digitalisation operator with energy storage at its core.
Cape EMS’ landmark partnership with the Bloomberg NEF-certified Tier 1 global energy storage manufacturer formally initiates a joint commitment to localise battery energy storage solutions in Malaysia as well as to establish long-term serviceability across the ASEAN region.
As part of the partnership, Sermatec will transfer the full assembly of its battery energy storage system (BESS) to Cape EMS’s Senai manufacturing facility in Johor.
These systems will be locally manufactured and supplied with integrated insurance coverage and supported by a long-term service commitment comprising a 15-year base operations & maintenance (O&M) contract with an optional 10-year extension, thus providing robust lifecycle coverage for institutional and commercial clients.
In addition to BESS assembly, Cape EMS, through its subsidiary CAPE Renewables Sdn. Bhd will assume full responsibility for localised monitoring and management of both the battery management system (BMS) and energy management system (EMS).
This end-to-end capability ensures seamless operations, faster technical support and improved system efficiency for projects deployed across the region.
This deal signifies the beginning of a strategic manufacturing and service relationship between both companies.
Cape EMS will serve as Sermatec’s regional partner to produce, test and manage BESS products tailored for the Southeast Asian market by offering a complete business solution underpinned by reliable post-deployment support.
“Through this collaboration, Cape EMS is not only bringing global-standard BESS technology closer to home but also building the regional capability to support, maintain and scale clean energy infrastructure in ASEAN,” commented the group.
Meanwhile Sermatec sees Malaysia as a strategic base for its regional ambitions while describing Cape EMS’s track record in engineering and renewable energy solutions as making the latter an ideal partner.
“By enabling local production and lifecycle management of our BESS units, we aim to offer our ASEAN clients more responsive, reliable and cost-effective energy storage options,” acknowledged the company.
“With this newly inked agreement, Cape EMS and Sermatec are set to shape the future of energy storage in ASEAN by combining world-class manufacturing, localised intelligence and long-term serviceability.”
At the close of today’s (Sept 3) market trading, Cape EMS was down 0.5 sen or 1.56% to 31.5 sen with 2.7 million shares traded, thus valuing the company at RM313 mil. – Sept 3, 2025
