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Showing posts from March, 2024

How Aiden Lee Ping Wei Vision is Changing Graphene Industries

  Are you ready to witness the future of materials science become a reality? With graphene being hailed as the “magic material” of the 21st century, Graphjet Technology stands at the epicenter of this revolution. Graphene is the lightest, strongest, and most electrically conductive material ever discovered. According to  Aiden Lee Ping Wei , the global graphene market is predicted to reach $1.02 billion by 2026, with a CAGR of 40.2% from 2019 to 2026. Let’s see how this Graphjet Technology vision is reshaping industries. Pioneering Green Graphene Production Graphjet Technology is leading the way in making graphene production eco-friendly. They do this by using palm kernel shells, a waste product from Malaysia’s palm oil industry, to create top-quality graphene. Why does green graphene production matter? Well, conventional methods can be harmful, using lots of energy and chemicals that pollute the air and water. But with their approach, they’re reducing pollution and using resources wis

Graphjet celebrates NASDAQ bell-ring ceremony, ushering in new chapter in sustainable graphite production

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Graphjet Technology Sdn Bhd, a global leader in sustainable graphite and graphene production, has marked a significant milestone in its listing journey with a bell-ringing ceremony at the NASDAQ stock exchange. This ceremonial event symbolises the successful listing of Graphjet’s ordinary shares under the ticker symbol “GTI” with trading having commenced on March 15 The bell-ringing ceremony, a time-honoured tradition on Wall Street, was led by Graphjet’s co-founder and  CEO Aiden Lee Ping Wei  along with chairman Lim Hooi Beng, executive director Jay Aw, chief technology officer Liu Yu and other key members of the company’s management team. Above all else, the company’s recent NASDAQ listing will further bolster Graphjet’s growth strategy and manufacturing capacity expansion. Graphjet Technology remains dedicated to delivering shareholder value through its groundbreaking technologies and sustainable business practices. Its vision of driving innovation across multiple industries with i

Graphjet, Energem merge to create direct biomass-to-graphite company

Graphjet Technology, developer of technologies to produce graphite from agricultural waste, has closed its previously announced merger with Energem (Nasdaq: ENCP, ENCPW), and on Friday, its ordinary shares started trading on the Nasdaq under the ticker symbol GTI. Graphjet’s warrants will also be delisted from the Nasdaq and begin trading on the OTC as GTIWW. The transaction, the company says, creates the only pure-play publicly traded direct biomass-to-graphite company, establishing Graphjet as the leading source of graphite and graphene for the US market. Graphjet raised $5.8 million through the transaction, and it anticipates that additional fundraising will be necessary to accelerate its growth strategy and expand its manufacturing capacity. Graphjet’s technology uses eco-sensitive methods in a circular solution using waste and its processes eliminate emissions and pollutions, it said. The company has a $30 million offtake agreement with Toyoda Gosei and has accelerated the timelin

Graphjet Technology CEO Aiden Lee Ping Wei Demand for Graphite in Tech

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Graphjet Technology recycles palm kernel shells from palm seed oil to produce single layer graphene and artificial graphite. Co-Founder and CEO Aiden Lee Ping Wei joins Oliver Renick to give an overview of the company. Aiden Lee Ping Wei talks about the growing demand for graphite in technology. Graphjet Technology began trading today on the Nasdaq after a merger. Tune in to find out more about the stock market today. Content source:  https://schwabnetwork.com/video/graphjet-technology-ceo-demand-for-graphite-in-tech

Energem's Malaysian Merger Partner Graphjet Technology Accelerates Production Timeline For Manufacturing Plant

  Graphjet Technology , a Malaysian private limited company, has accelerated the timeline for its planned manufacturing plant in Malaysia. Last week,  Energem Corp  (NASDAQ:ENCP) said its shareholders voted to approve the previously announced business combination with Graphjet Technology. Graphjet has an implied pro forma enterprise  value at closing of approximately $1.49 billion  through its previously announced transaction with Energem. Graphjet is advancing the construction of its first manufacturing plant in the Kuantan district of Pahang State in Malaysia, which is expected to be commissioned by the second quarter of 2024. The facility’s completion will enable the company to begin producing graphite to supply its customer Toyoda and generate revenues in 2024. The facility is expected to recycle up to 9,000 tonnes of palm kernels to produce up to 3,000 tonnes of graphite per year. Over time, the company expects to scale the facility to 13,000 tonnes of annual graphite production b

Home-grown Graphjet Tech obtains shareholders’ approval for US$1.38b NASDAQ listing

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  GRAPHJET Technology Sdn Bhd, a frontrunner in green graphite production, has announced a pivotal moment in its corporate journey. Following an approval obtained from Energem Corp’s shareholders for the business combination between both entities, Graphjet is set to enhance its global footprint by listing on NASDAQ while showcasing a minimum pro forma enterprise value of US$1.38 bil. This development heralds a new chapter for Graphjet and the broader green technology sector, reinforcing the company’s pioneering role in developing advanced green battery anode materials. A total of 80.16% votes were in favour of the approximately 85.08% of votes cast at the meeting on Feb 28. Recognised for its patented technology that converts palm kernel shells into valuable graphene and graphite, Graphjet is not only pioneering sustainable material production but also shaping a green supply chain for battery anode materials globally. This unique approach not only showcases the company’s innovative pro

Aiden Lee Ping Wei & Graphjet secures approval for Nasdaq listing

  GRAPHJET  Technology Sdn Bhd has received shareholder approval for a Nasdaq listing, a pivotal moment for the green graphite producer.  Following the endorsement from Energem Corp, a Nasdaq-listed special purpose acquisition company, Graphjet anticipates a transformative expansion in its global presence with a minimum pro forma enterprise value of US$1.38 billion (RM6.54 billion).  This development, according to Graphjet, heralds a new chapter for the company and the broader green technology sector, reinforcing the company’s pioneering role in developing advanced green battery anode materials.  A total of 80.16% voted were in favour of the approximately 85.08% of votes cast at the meeting on Feb 28, 2024.  Following the closing, the combined company will operate as Graphjet Technology, its ordinary shares and warrants are expected to begin trading on the Nasdaq Global Select Market under the new ticker symbols “GTI” and “GTIWW”, respectively.  Graphjet, a Malaysian-based company, rec