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The financing provides strategic headroom for Cape EMS’s next phase of expansion across key growth verticals, including:
- Localised assembly and lifecycle management of Battery Energy Storage Systems (BESS);
- Deployment of EV (electric car)-related charging and smart-mobility infrastructure; and
- Scaling of precision EMS operations within its Senai facilities.
Cape EMS Bhd is one of five Johor-based companies that received a letter of offer (LO) for financing from Maybank, as part of the bank’s RM120 million total financing commitment to support businesses within the Johor-Singapore Special Economic Zone (JS-SEZ).