17 Jul 2024 PGF Capital partners with Centria for exclusive distribution in Malaysia
KUALA LUMPUR: PGF Capital Bhd
’s wholly-owned subsidiary, PGF Global Distribution Sdn Bhd, has entered into a five-year distributorship agreement with Centria Building Material Manufacturing (Shanghai) Co Ltd.
In a statement, PGF Capital said the agreement grants PGF Global exclusive distributorship rights for Centria International’s mineral wool sandwich panels for the Malaysian market. These panels deliver thermal insulation, demonstrably lowering energy consumption and enhancing indoor comfort.
“This collaboration is expected to enhance our market position and drive revenue expansion by unlocking new market opportunities for the group. The versatility of these high-performance insulation panels allows us to cater to a broader customer base,” executive director cum group chief executive officer Fong Wern Sheng said.
He added that the group see substantial opportunities as Malaysia undergoes a significant boom in data centre development, spurred by the rising demand for digital services and cloud computing.
“The mineral wool sandwich panels are particularly well-suited as wall facades for these data-centric facilities. They offer excellent thermal performance, which is crucial for maintaining optimal temperatures and reducing cooling costs and energy consumption. Additionally, the fire-resistant properties of the panels enhance building safety by minimising the risk of fire spread.
“On this note, Centria International’s insulation solutions have been proven to be effective and are adopted in data centres of leading multinational technology companies,” he added.
