Fast Energy Sdn Bhd
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About Fast Energy Sdn Bhd (“FESB”)
Headquartered in Malaysia, Fast Energy Sdn Bhd is a wholly owned subsidiary of Fast Energy Holdings Berhad (FEHB).
Our Bunkering Solutions
Bunkering services involve the provision of marine fuels to ships, as well as other ocean-faring vessels, including cargo, oil tankers, container vessels and other vessels that are employed in the upstream oil and gas industry, such as offshore support vessels.
FESB has resources that provide three main bunkering solutions:
1. Bunker Supply: Ship-to-Ship, Road Tanker-to-Ship, Terminal-to-Ship
At FESB, we have the resources to provide well-conserved bunkering vessels with highly trained personnel that meet the highest maritime standards required in ship-to-ship (STS) operations in Malaysia and across Asia.
- Cargo Trading (Bulk)
With our extensive presence and services in the oil and gas industry, we are proud to have a long-standing relationship with our partners in Malaysia and South East Asia. We have the means to provide a variety of petroleum products to meet our customers’ needs, along with logistical and financial solutions.
- Bunkering & Brokering
As an addition to physical bunkering services, FESB also oversees the brokering and trading of a broad range of petroleum products in various locations throughout South East Asia.
Whether it’s trading or brokering, we have a team ready to service you 24/7, 365 days a year to meet your fuel requirements.
Our Core Products
We offer low and high sulfur marine gas and fuel oils:
- Low Sulfur Marine Gas Oil (Bunkering/bulk/trading)
- Low Sulfur Marine Fuel Oil (Bunkering/bulk/trading)
- High Sulfur Marine Fuel Oil (Bunkering/bulk/trading)
Our Presence
We have an established presence in major ports across Malaysia and the Asia Pacific.
Fast Solar Sdn Bhd
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About Fast Solar Sdn Bhd (“FSSB”)
FSSB was newly incorporated in 2021. Driven by our mission to provide a cost-effective transition from traditional to alternative energy that is cleaner and safer for the environment, we efficiently finance the construction of Solar PV Plants to provide our clients the opportunity to enjoy the full benefits of a Solar PV system with zero upfront capital.
Benefits of Solar Energy
Solar energy is the cleaner, cost-effective way to go. It doesn’t pollute the environment, and instead, it helps to reduce greenhouse gas emissions and carbon footprint. Powered by the sun, it is reliable and renewable, which also helps residential and commercial clients to save cost by reducing their monthly electricity bills. Thanks to its infinite nature, solar energy will always be available any time of the year.
Why Choose FSSB?
We believe that clean, alternative energy creates a better and safer environment for everyone. At FSSB, we have a network of resources that offers flexible and cost-effective pricing packages for an easier transition from traditional energy into green energy.
How Does It Work?
Step 1:
Under the ZERO CAPEX model, FSSB will enter into a long-term agreement with its clients for the execution of a Solar PPA (Power Purchase Agreement).
Step 2:
FSSB will then finance the capital expenditure (CapEx) of installing a solar PV system and will oversee the entire construction of the plant to ensure the most efficient outcome.
Step 3:
The client will only pay for the power generated at an agreed tariff for a fixed tenure. This agreement can either be the Power Purchase Agreement (PPA) or the Supply Agreement with Renewable Energy (SARE). FSSB will ensure that the system is properly optimised to maximise the power output.
As there is zero investment and no associated performance risks, the customer enjoys considerable risk-free savings, purchasing electricity from FSSB at a discounted price throughout this period.
Fast Marine Sdn Bhd
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About Fast Marine Sdn Bhd (“FMSB”)
FMSB was incorporated on 27 November 2013 as an inland trading logistics service provider in the oil and gas sector. Based in Port Klang, it not only serves the Port of West Malaysia but also has a supply network throughout Malaysia, including Sabah and Sarawak Ports.
On 24 March 2021, Fast Energy Holdings Berhad (“the Company”) acquired 35% equity interest in FMSB. The following year, the Company acquired a second tranche of 35% equity interest, bringing its total shareholdings in FMSB to 70%. The second tranche acquisition was completed 2 December 2022, after which FMSB became a subsidiary of the Company. In Oct 2024, the Company had acquired balance 30% equity interest and now become 100% wholly owned subsidiary.
Over the years, it had grown by leaps and bounds. Today, FMSB is a one-stop solution provider in the oil trading and bunkering business. It provides end-to-end integrated marine supplies and services, including marine oil bunkering, oil tanker carrier operator, marine lubricants and marine oil trading.
Its growth strategies over the years were two pronged. FMSB expanded into new geographical and territorial markets with existing proven bunkering products and services. It also expanded vertically by introducing ship chartering and ship management services to its portfolio of service offerings.
Fast Assets Sdn Bhd
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About Fast Assets Sdn Bhd (“FASB”)
FASB was incorporated on 9 February 2023 with paid up share capital of RM100,000 comprising 100,000 ordinary shares and its intended principal activities are investment holding, trading in residential and commercial properties and managing of activities related to property investment. Presently, FASB is still dormant.
Fast Technology Sdn Bhd
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About Fast Technology Sdn Bhd (“FTSB”)
FTSB was incorporated on 10 February 2023. Its intended principal activities are to be a wholesaler, distributor and retailer of mobile devices, electronic products and other components of electronic applications.
Since its incorporation, FTSB had signed a sole and exclusive distributorship agreement to distribute FreeYond smart devices in Malaysia. FreeYond, which offers a range of smart devices and is based out of China, was officially launched in Malaysia in March 2023. FTSB has plans to grow the FreeYond brand not just in Malaysia but in Thailand and Indonesia, as well.
