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November 12, 2024 – Shan Poornam Group, a Cenviro company, celebrated a major milestone today with a visit from the Penang Chief Minister to its integrated Environmentally Sound Management (ESM) Recovery and Refining Plant, Malaysia’s pioneer in integrated waste management.

Spanning 14.23 acres (619,858 sq ft) and employing 850 people, Shan Poornam Group embodies a commitment to sustainable infrastructure. The plant transforms waste into valuable recycled materials with a low carbon footprint, leveraging a research-driven approach that supports a circular economy and fosters an eco-friendly ecosystem. Known for handling diverse industrial waste types, including e-waste, the ESM Plant stands as a national example of responsible waste management.

YAB Tuan Chow Kon Yeow, Chief Minister of Penang, stated, “Shan Poornam Group will play a key role in Penang’s vision for sustainable development. Together, we will continue to build a Penang that is green, responsible, and globally competitive. This is our shared journey, and I am confident that we can make Penang a leader in sustainable development and responsible industry, supporting a brighter future for all.”

Today also marks the official launch of our inaugural Sustainability Report (SR) for 2023, which complies with Bursa Malaysia standards and aligns with Global Reporting Initiative (GRI) Standards. Building on the foundation set by our initial report in 2019/2020, this release highlights continuous advancements in our sustainable business practices. Looking ahead, our 2024 Sustainability Report will fully adhere to both Bursa and GRI Standards, further reinforcing our commitment to transparency and accountability.

The occasion also featured the groundbreaking of a new Centralized Labour Quarters (CLQ) in Juru, a project by Thirupathi Group under the leadership of Dato’ Seri Selvakumar. The CLQ is designed to provide quality living standards for foreign workers, accommodating up to 8,000 individuals and aligning with Penang’s vision for ethical, community-focused workforce policies. With its vision of “Building Communities, Empowering Workforce,” the CLQ will provide a secure and comfortable living environment that supports worker productivity and well-being.

The CLQ facilities include:

• Recreational Facilities: A landscaped park, gym, and dining areas to encourage relaxation and community interaction.
• Health & Wellness: Onsite clinic, sick bay, and laundromat services to support workers’ health and hygiene.
• Convenience & Security: High-security features and essential services, including ATMs, currency exchange, and a grocery store, for daily conveniences.
• Lifestyle Essentials: Access to a cafeteria, barbershop, tech and telecommunications stores, and other essential amenities.

Together, Shan Poornam Group and Thirupathi Group are enhancing Penang’s standing as a center of sustainable industrial practices, reflecting a shared commitment to innovative waste management, ethical workforce standards, and responsible community development. This event exemplifies Penang’s forward-thinking approach to integrating industry and environmental responsibility, contributing to a sustainable future for Malaysia.

By investing in our employees and providing a sustainable environment, our Centralized Labour Quarters demonstrate our commitment to enhancing workforce quality of life, fostering a motivated and empowered community, and setting new standards for industrial sustainability in Malaysia.

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About InvestPenang
InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), and Global Business Services (GBS) Focus Group (promoting and developing digital economy). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel; TikTok.

About Shan Poornam Sdn. Bhd.
Shan Poornam Group, a homegrown leader with a fully integrated ESM recycling and refining facility, employs a skilled workforce of 850 people. With top-tier RCD capabilities, Shan Poornam has set benchmarks in recovering precious metals—Gold, Silver, Platinum, and Palladium—at a purity of 99.99% and a recovery rate exceeding 97%. Our high-quality recycled materials include UL 2809 certified Secondary Aluminum Alloy Ingots, meeting stringent international standards. Additionally, we produce Copper Cathode at 99.99% purity, achieved using a custom-designed furnace—making us the first company in Southeast Asia to have this technology. Shan Poornam also provides IP protection for customers’ products and meets TAPA security standards, ensuring high levels of protection in handling sensitive materials. Other services include Precision Cleaning and IT asset Management and Disposal (ITAD) offering clients sustainable end-of-life solutions for electronic equipment. Shan Poornam has an extensive operational infrastructure, enabling us to support the industrial growth across the nation. Shan Poornam is a key player in the supply chain and industrial ecosystem, leading the advancement of a circular economy and eco-friendly solutions throughout the region.

About Thirupathi Capital Sdn Bhd
Dato’ Seri Selvakumar serves as the Managing Director of Thirupathi Capital Sdn. Bhd. (TCSB), his personal holding company, which is a diversified organization with a strong presence across multiple industries. TCSB is actively expanding into E-waste management through its international subsidiary in India, Enviro Metals Recyclers Pvt Ltd. (EMR). Beyond recycling, TCSB is engaged in commercial and residential property development, with a projected gross development value (GDV) of RM 3 billion and a 75-acre land bank. The company’s impressive portfolio also includes warehousing, a 1,500-acre oil palm plantation in Kelantan with an estimated yield of 10,000 tonnes per year, and the launch of its first Centralized Living Quarters (CLQ) in Juru, designed to accommodate 8,000 foreign workers.

For more information, please contact:

InvestPenang
Elaine Cheah / Arief Ferdaus
Communications & Business Intelligence
T: +604-646 8833
E: elaine@investpenang.gov.my / arief@investpenang.gov.my

Shan Poornam Sdn. Bhd.
Dato’ Seri S. Selvakumar/ Madam Rose Kuan
Managing Director/ Executive Director
E: corporatecomm@ensspm.com