5th October 2023
In a significant stride towards embracing sustainable practices in Environmental, Social, and Governance (ESG), YGL CONVERGENCE BERHAD is thrilled to announce its collaboration with RootCloud Technology Pte Ltd, a prominent Singaporean company. This partnership, centered on the MADANI Economy framework, is poised to bolster Malaysia’s economic growth while ensuring a harmonious balance with industry development.
The Memorandum of Understanding (MoU) signing ceremony took place with great enthusiasm and optimism. YGL Convergence Berhad was represented by its CEO, Mr. Yeap Kong Chean, and RootCloud Technology Pte Ltd was represented by its Managing Director, Mr. Ho Howe Tian. The momentous occasion was witnessed by YGL Convergence Berhad’s Head of Marketing, Mr. Humphrey Ho Soo Wee, and RootCloud Technology Pte Ltd’s Assistant Director, Ms. Qistina Khaizuran.
This collaboration signifies a pivotal moment in YGL Convergence Berhad’s journey towards deepening its commitment to ESG principles in the context of the Fourth Industrial Revolution. The partnership with RootCloud Technology Pte Ltd aims to drive digitalization and innovation in the realms of Enterprise Resource Planning (ERP) and ESG solutions.
The convergence of YGL Convergence Berhad’s expertise in the Malaysian market and RootCloud Technology Pte Ltd’s cutting-edge technological capabilities sets the stage for a transformative impact on the business landscape. This collaboration is expected to yield a range of benefits, including but not limited to:
Digital Transformation: The partnership will bring about a digital revolution by enhancing YGL Convergence Berhad’s ERP systems. This transformation will enable streamlined operations, increased efficiency, and reduced environmental impact.
Sustainable Growth: YGL Convergence Berhad, in alignment with the MADANI Economy framework, is committed to ensuring that Malaysia’s economic growth is achieved sustainably and responsibly. RootCloud Technology Pte Ltd’s innovative ESG solutions will play a vital role in achieving this goal.
ESG Integration: The collaboration will enable YGL Convergence Berhad to seamlessly integrate ESG practices into its core operations. This holistic approach will not only foster corporate responsibility but also enhance the company’s reputation as a responsible corporate citizen.
Competitive Advantage: By leveraging RootCloud Technology Pte Ltd’s state-of-the-art technology, YGL Convergence Berhad aims to gain a competitive edge in the market. This partnership will position the company as an industry leader in embracing the Fourth Industrial Revolution.
Societal Impact: As part of its commitment to ESG principles, YGL Convergence Berhad intends to contribute positively to society by implementing initiatives that benefit the community and the environment.
Mr. Yeap Kong Chean, CEO of YGL Convergence Berhad, expressed his optimism about the collaboration, saying, “This partnership marks a significant step towards our vision of a sustainable future. We believe that by joining forces with RootCloud Technology Pte Ltd, we can accelerate our journey towards responsible and environmentally conscious business practices.”
Mr. Ho Howe Tian, Managing Director of RootCloud Technology Pte Ltd, added, “We are excited to be part of YGL Convergence Berhad’s sustainability journey. Our advanced technology solutions will empower them to achieve their ESG goals while driving digital transformation and innovation.”
Together, YGL Convergence Berhad and RootCloud Technology Pte Ltd are set to pioneer a new era of sustainable and responsible business practices in Malaysia, setting a benchmark for others to follow.
About YGL CONVERGENCE BERHAD:
YGL is a leading Business Solution Provider specialized in niche vertical industries in Asia Pacific, with products and services backed by strong domain expertise. YGL is a listed corporation on the Malaysian Stock Exchange with its headquarter in Penang, Malaysia. The company operates from more than 10 regional offices spreading across Malaysia, Singapore, Hong Kong and China, with more than 150 professionals comprising advisors, trainers, consultants, analysts and programmers. YGL combines its domain expertise and leading-edge technology to enable companies across industry verticals to achieve business efficiencies.
About RootCloud Technology Pte Ltd:
ROOTCLOUD is an IIoT solution provider that specializes in IR4.0 solution focusing on Sustainable Lighthouse factories. Using ROOTCLOUD IIoT Platform, various applications have been developed such as Integrated Carbon & Energy Management Platform (iCEP), Smart AI CCTV and others through data modelling and visualization. With more than 1,000 professionals across the globe, Rootcloud has been selected into Gartner Magic Quadrant since 2019.
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