About Us

BACKGROUND

Swift Energy was incorporated in Malaysia under the Act on 12 September 2022 as a private limited company under the name of Swift Energy Technology Sdn Bhd. On 19 April 2024, it was converted into a public limited company and adopted its present name, Swift Energy Technology Berhad.

Principally operating in Malaysia (head office), Thailand, Singapore and China. Our fabrication facility is located in Shah Alam, Malaysia with branch offices in Selangor and Johor in Malaysia, Bangkok in Thailand, Singapore, and Chongqing in China. For the Financial Period Under Review, we serve approximately 550 customers across 24 geographical markets covering the Asia Pacific, Middle East, Africa and Europe regions.

The current structure of the Swift Energy is as follows:

Currently, Swift Energy are principally involved in the provision of industrial automation and power systems focusing on process control, Ex solar PV, power distribution, and other systems mainly servicing customers in the Oil & Gas, as well as grain products, edible oils, and food manufacturing industries. Swift Energy are also involved in the supply of related products and services comprising the distribution of power and industrial electrical products, and the provision of technical services for process control and power distribution systems.

The business model of Swift Energy is as follows:

Notes:
^{[1] Others include marine, mining, pharmaceutical, construction, industrial trading, and other general industries.}
^{[2] Others include Zambia, Australia, Myanmar, Philippines, South Korea, Türkiye, Uganda, Germany, India, Brunei, Ukraine, Qatar, Norway, Hong Kong and Belgium}

OUR VISION

To be the premier total electrical engineering and process control solutions provider in the Asia Pacific region

OUR MISSION

To become a leading market player in providing Engineering Solutions in our chosen market and to develop skilled and committed workforces who share the company's Vision and Wealth

Milestone

2001

Swift Energy (SESB) commenced operations as a trading company that specialized in electrical and electronic equipment, including navigational aids systems, public address systems, and transformers.

Swift Solutions (SSSB) was incorporated in 2001 and began its operations.

2002

Swift Solutions (SSSB) achieved our first export sales, comprising a process control system for a manufacturer of edible oils in Hebei, China.

2006

Swift PMAS was incorporated and commenced operations to offer assembly, wiring, and testing services for process control and power distribution systems.

Swift PMAS received pioneer status from MIDA for a duration of five years, spanning from 2006 to 2011.

Swift Solutions MSC was incorporated and commenced operations under the former name of Swift MSC Sdn Bhd and was awarded the MSC status (now referred to as Malaysia Digital status).

2007

We expanded our business into Singapore through the incorporation of SE Singapore (previously known as Optimum Energy Pte Ltd) and an office. The primary focus of the company is to handle sales and marketing for our Group and to pursue opportunities within the Singaporean market.

Swift Energy (SESB) obtained authorization as a licensee and manufacturer for General Electric's SEN Plus system, which encompasses LV switchboard and MCC.

Swift Energy (SESB) secured our first maintenance project for an Ex Solar PV system, engaging in the provision of maintenance, inspection, and troubleshooting services for ExxonMobil Exploration and Production Malaysia Inc. for five years.

2008

Swift Energy (SESB) supplied its first Ex Solar PV system to Sabah Shell Petroleum Company Limited in Malaysia.

Swift Solutions MSC (SSMSC) exported its first process control system to Germany for an edible oil refining plant.

Swift Group head office was relocated to DANA 1 Commercial Square in Petaling Jaya, Selangor, and established a branch office in Johor, Malaysia.

2009

Swift Automation (SASB) was incorporated and commenced operations to carry out the distribution of industrial electrical products.

Swift Chongqing China (SCQ) started its operations and performed in-house process control panel assembly and wiring works in the same year of its incorporation.

Swift Energy (SESB) obtained its first Ex certification, namely an ATEX certification, for an Ex PLC panel fabricated by Swift Group.

Swift Energy (SESB) obtained a Petronas license for 3 SWEC codes relating to the supply of LV switchboards/distribution boards, instrument control panels, and SCADA systems.

2010

Swift Energy (SESB) secured its first project for the provision of Ex power distribution system which involves the design, assembly, testing, and commissioning works of Ex AC and DC LV switch rack, and Ex battery charger for a wellhead platform in Sarawak.

2011

In line with our Group’s emphasis on quality management systems, Swift Energy (SESB) and Swift Solutions MSC (SSMSC) obtained ISO 9001:2008 certification.

Swift Energy (SESB) acquired a factory in Section 34, Shah Alam, Selangor, relocating our head office and fabrication facility there. Subsequently, we expanded the factory, and as of the Last Point of Data (LPD), the built-up area totals 69,950 sq ft.

Swift Energy (SESB) invested in CNC machines for several purposes, including cutting, punching, milling, and bending to begin producing enclosure panels in-house, which are used for process control and power distribution systems.

The incorporation of Swift Energy Thailand (SECL) signifies the expansion of Swift Group operations into Thailand. An office was established in Bangkok to focus on sales and marketing efforts, addressing opportunities in the Thai market.

Swift Energy became a SIVACON S8 Technology Partner for the fabrication of Siemens’ SIVACON S8 LV switchboard range of products for Siemens AG (“Siemens”).

Swift Energy (SESB) obtained its first IECEx certification for solar PV module with a 85W power rating to be used in a potentially explosive environment.

2012

Swift Group secured a project for the design, fabricate, and supply of Ex solar PV system for the Balai Oil Field in Sarawak, Malaysia using our certified Ex solar PV module.

2013

Swift Automation (SASB) was appointed as an Authorised Distributor for IDEC Izumi Asia Pte Ltd to distribute their automation and control products in Malaysia.

2015

Swift Chongqing China (SCQ) has transitioned its operations, now specializing in in-house services such as the design, supply, and maintenance of process control systems while outsourcing assembly and wiring tasks to third-party service providers.

2017

Swift Group secured a project for the design, assembly, and supply of Ex solar PV system to an EPCC company for an onshore oil metering station in Indonesia.

2019

Swift Energy (SESB) obtained its IECEx certifications for solar PV module power ratings including 125W, 190W, 250W, 320W and 380W to be used in a potentially explosive environment.

Swift Group secured a project from an EPCC company in Türkiye for the design, fabricate, and supply of Ex solar PV system for an offshore O&G platform in Turkmenistan.

2020

Swift Energy (SESB) commenced the development of an Ex battery box for batteries to store energy generated from the Ex solar PV system.

2021

Through Swift Energy Thailand (SECL), Swift Group secured a 5-year contract from Customer A to supply Ex solar PV system, Ex distribution board, and Ex navigational aids system for 38 wellhead platforms for Thailand’s national O&G company.

Swift Energy Oil & Gas (SEOG) obtained a Petronas license and commenced operations as a provider of process control and power distribution systems for the O&G industry in Malaysia. As at the LPD, SEOG is the sole Petronas license holder for our Group

Through Swift Energy Singapore (SEPL), Swift Group secured purchase orders from an EPCC company and an equipment supplier in Singapore in 2021 and 2022 respectively for the design, fabrication, supply, installation, testing, and commissioning of power distribution systems including LV switchboards, MCC panels and distribution boards for a utility project in Hong Kong.

2022

Swift Energy (SESB) acquired ALR, a company involved in the distribution of industrial electrical products. As at the LPD, ALR is an Authorised Distributor of Emerson Automation Solutions Intelligence Platforms Asia Pacific Pte Ltd (“Emerson”) for machine automation solutions products in Malaysia.

2023

Swift Group secured several purchase orders from OceanMight Sdn Bhd for the design, fabrication, supply, installation supervision, testing, and commissioning of Ex solar PV systems, Ex diesel-powered generator systems, and Ex navigational aids systems for the wellhead platforms for MLNG FaS gas field development offshore Malaysia.

Swift Group secured its single largest Ex solar PV systems project, in terms of size, from Malaysia Marine and Heavy Engineering Sdn Bhd, comprising 240 solar PV modules (91.2 kWp) for the Rosmari-Marjoram gas platform off the coast of Sarawak, Malaysia.

Swift Group secured a project from Siemens Pte Ltd for the design, fabrication, supply, installation supervision, testing and commissioning of power distribution systems for a utility project in Singapore.

Swift Group secured a project from Equator Engineering Sdn Bhd for the design, fabrication, supply, installation supervision, testing and commissioning of eight sets of LV switchboards for a power generation plant in Kulim, Kedah.

2024

Swift Group received 2 ASTA Type Certifications for our 250A LV distribution boards which verifies its compliance to IEC 61439-2:2020 and IEC 61439-3:2012 respectively from Intertek Testing & Certification Ltd, UK.

Swift Energy Technology Sdn Bhd was converted into a public limited company on 19 April 2024 to facilitate our Listing.

ABOUT US

BACKGROUND

OUR VISION

OUR MISSION

Milestone

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