Business Daily Media

Business Marketing


REDEX to be an exclusive partner to TNBX in Malaysia to support the Malaysia Green Attribute Trading System (mGATS) platform

SINGAPORE - Media OutReach Newswire - 20 May 2024 - REDEX will be an exclusive partner to TNBX to support the development of the Malaysia Green Attribute Trading System (mGATS) into the country's preeminent digital trading platform for Malaysia Renewable Energy Certificates (mREC).

The upgraded platform will provide a new avenue for businesses to conveniently pursue their renewable energy commitments and accelerate the nation's pursuit of a sustainable energy future.

Launched five years ago as an information hub on RECs, the revamped mGATS will leverage REDEX's innovative technological solutions to facilitate live trading and auctions while providing users with price transparency for mRECs acquisition.

REDEX Founder and CEO Kang Jen Wee said, "REDEX is honoured to be chosen by TNBX as a partner for the development of mGATS into a premier digital trading platform for the Malaysian market. We are excited to be part of the country's journey to create a sustainable future for current and future generations.

"This collaboration also deepens our presence in Malaysia and highlights our innovative technological solutions to the wider REC industry. It also paves the way for deploying such similar proven solutions in other countries. Utilising our expertise and experience, REDEX will work closely with TNBX to enable more renewable electricity certification in Malaysia."

A wholly-owned subsidiary of Malaysia's leading utility company Tenaga Nasional Berhad (TNB), TNBX is the premier one-stop mREC solutions provider for Malaysian consumers and businesses.

TNBX Managing Director, Ir. Mohd Razif Abd Halim said, "The revamped mGATS is a significant step forward in Malaysia's journey towards low carbon energy future. In line with the National Energy Transition Roadmap (NETR), this initiative will promote renewable energy and bolster the country's ambition to achieve net zero carbon emissions by 2050.

"We are pleased to have REDEX, an experienced REC solution provider as our exclusive partner and we look forward to working with REDEX to develop a world-class platform for Malaysian corporate and industrial entities to use. TNBX will continue to provide practical and user-friendly renewable energy solutions for our valued customers and the Malaysian market. mGATS is now open for account registration at Do contact TNBX for more information on acquiring your mREC in Malaysia."

Hashtag: #REDEX #REC #TNBX #renewableenergycertificate #renewableenergy

The issuer is solely responsible for the content of this announcement.


REDEX provides innovative technological solutions that enable companies to adopt renewable energy with ease. Headquartered in Singapore, REDEX developed and operates Asia's leading trading platform for Renewable Energy Certificates (RECs). We offer a one-stop ecosystem for RECs, supporting clients through the full REC lifecycle – asset registration, verification, marketplace and retirement.

Committed to accelerate the global transition towards clean, green and renewable energy, REDEX won the 2023 Emerging Enterprise Sustainability Award in Singapore.

Discover more at .


TNBX is a wholly-owned subsidiary of TNB that focuses on 'beyond the meter' solutions. TNBX aims to provide more value propositions to customers through smart and innovative solutions especially in Renewable Energy (RE) and Energy Efficiency (EE). This is done through providing a one-stop center solution to the customers and nation such as Supply Agreement – Renewable Energy (SARE), Malaysia Renewable Energy Certificate (mREC), and EV charging platform.

News from Asia

PTOUNX Exchange Milestone: Obtaining and Significance of the Canadian MSB License

COLORADO, UNITED STATES - Media OutReach Newswire - 12 June 2024 - PTOUNX Exchange has recently achieved a significant milestone by obtaining a Canadian MSB (Money Services Business) license, a cr...

The Global Expansion Strategy of PTOUNX Exchange: Connecting the World, Sharing the Future

COLORADO, UNITED STATES - Media OutReach Newswire - 12 June 2024 - PTOUNX Exchange has recently advanced significantly in its global expansion strategy, focusing on establishing a secure and inter...

The Compliance Breakthrough of PTOUNX Exchange in the US: Obtaining the MSB License

COLORADO, UNITED STATES - Media OutReach Newswire - 12 June 2024 - PTOUNX Exchange has recently achieved a significant regulatory milestone by securing the US Money Services Business (MSB) license...

St. George’s University, Grenada, West Indies: Five Pioneering Applications of AI in Medicine

SEOUL, SOUTH KOREA - Media OutReach Newswire - 13 June 2024 - South Korea is poised to become a medical AI powerhouse given its substantial investments in developing and implementing technology...

Allessenz Unveils Revolutionary 13100mg Five-Fold Active Collagen Peptide Beverage, leading a new trend in dietary health

LAUFEN, GERMANY - Media OutReach Newswire - 6 June 2024 - Allessenz, a leading innovator in the European dietary supplement market, today announced the launch of its groundbreaking 13100mg Five-Fo...

Shop, Save, and Celebrate in Singapore with the Great iShopChangi Sale & Father’s Day Steals

Gear up for a month of mega savings with the Great iShopChangi Sale running till 30 June! Discover unbeatable deals on top-tier tech, luxury liquors, fashionable finds, and beauty bests, all up to ...

Inaugural Virtual Debate Competition on Bigo Live, Moderated by UKM

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 12 June 2024 - BIGO Live, a Singapore-based global leader in social livestreaming platforms, co-hosted a six-day intellectual and educational de...

Galaxy Macau Unveils "Revel in an Oasis of Bliss" Wellness Campaign

Offering A Series of Health and Wellness Activities to Rejuvenate Body, Mind, and Spirit in the Luxurious Urban Oasis of Galaxy Macau MACAU SAR - Media OutReach Newswire - 13 June 2024 - Embracing...

Dobin Launches "Card Compass" Feature to Simplify Tracking and Maximising Credit Card Rewards

Dobin announces the launch of its “Card Compass” feature, redefining how users approach tracking and maximising credit card rewards. The company plans to introduce further enhan...

Homeone Euro Trading Celebrates 23 Years of Excellence and Introduces Licensed Aircon Installation Services

SINGAPORE - Media OutReach Newswire - 13 June 2024 - Homeone, a trusted name in providing licensed electric storage and gas heater installation, is proud to announce the celebration of its 23rd an...


Three in five Australian workers experiencing huge levels of stress

More than three in five Australians are experiencing stress at work on at least a weekly basis, according to data out from global payroll and HR leader ADP.  The data was collected as part of ADP’s Global Workforce View 2020...

Essential Tools Every QA-Expert Should Have

The profession of QA engineer is very important and requires a wide range of soft and hard skills. In an effort to provide the sky-high quality of software, a competent tester has to check its different aspects in detail using...

Warning from cyber expert to register au domain

As a domain owner, there has been a lot of communication from domain organisations about the additional .au extension and the opportunity to secure yours before it is opened to everyone else.  I think it is extremely ...