UNITY GP HLDGS (01539) Secures Major S$4.5 Million Energy-Saving Project in Singapore Through STRIDES Partnership

Stock News
01/21

UNITY GP HLDGS (01539) announced that on January 9, 2026, its wholly-owned subsidiary, Unity ESG (Singapore) PTE. Ltd., entered into a contract with STRIDES Engineering Pte. Ltd. (STRIDES), a state-owned enterprise department under the Singapore Metro Group. The project involves the deployment of nearly 60,000 energy-saving and environmentally friendly ESG lighting fixtures across facilities on Singapore's Mass Rapid Transit (MRT) Circle Line, operated by SMRT, including but not limited to public lighting infrastructure, stations, buildings, track sections, and tunnels. Upon full implementation, the project is projected to achieve annual energy savings of approximately 12.7 million kilowatt-hours and reduce carbon dioxide (CO₂) emissions by over 5,100 tons each year. The Circle Line connects suburban areas with the city center and fosters the development of emerging commercial hubs and residential districts. SMRT is a primary public transport operator in Singapore, currently managing four major MRT lines, which include the Circle Line. This initiative represents the first implementation phase of SMRT's Environmental, Social, and Governance (ESG) lighting system and aligns with Singapore's national sustainable development policy objectives. The project is expected to yield significant environmental and financial benefits over a ten-year period, including: ● Cumulative energy savings exceeding 127 million kilowatt-hours ● A reduction of over 51,000 tons of carbon dioxide emissions ● Environmental benefits equivalent to planting approximately 1.27 million trees ● Total electricity cost savings of around S$39.96 million (approximately HK$242 million), based on Singapore's prevailing electricity rates in the first quarter of 2026. Valued at approximately S$4.5 million (equivalent to about HK$27.1 million), the project is anticipated to generate verified energy and carbon reduction benefits and may qualify for carbon credits, providing the Group with additional financial and environmental value.

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