05.12.2016

Jardine Schindler Group and Aspen Group sign Collaboration Agreement to boost smart digital urban mobility solutions in Aspen’s developments

The signing kicks off a mutual mission to bring state-of-the-art digital mobility that enhances the daily lives of Malaysians.

Penang, 5 December 2016 – Antah Schindler Sdn Bhd and Aspen Vision All Sdn Bhd (a subsidiary company of Aspen Group) today signed a Collaboration Agreement in Penang, pledging collaboration and engagement in future building developments across Malaysia with smart digital urban mobility systems.

The signing serves as a framework for collaboration and information exchange between the parties on the design, engineering, supply, delivery, installation, testing and commissioning of both mobility systems and Smart Digital Solutions for all Aspen’s developments in Penang and Selangor. Smart Digital Solutions are a cornerstone of Schindler’s pioneering equipment, and encompass remote monitoring, advanced analytics, intelligent elevator dispatching for optimum traffic performance, personalized passenger services, and smartphone building access and mobility technology, among others.

The agreement was signed by Jujudhan Jena, Chief Executive Officer of Jardine Schindler Group, Ashok Ramachandran, Managing Director of Antah Schindler Sdn Bhd, Dato’ M. Murly, Group Chief Executive Officer of Aspen Group and Woo Kok Weng, Executive Director of Aspen Group.

The Chief Minister of Penang, YAB Lim Guan Eng witnessed this momentous signing at the ceremony together with Dato’ Seri Nazir Ariff, Chairman and Executive Director of Aspen Group as well as Chan Siu Shing, New Installation director of Antah Schindler Sdn Bhd.

The partnership follows Aspen Group’s recent award of Vervéa commercial development contract to Schindler, which Schindler will supply 442 units of intelligent elevators.

Vervéa commercial precinct is the first phase of Aspen Vision City in Batu Kawan, Penang. It comprises of 441 units of three and four storeys shop offices and comes with a host of value added features such as external linkages to surrounding establishments, a 300 metres covered high street, tree-lined walkways and every unit is equipped with a private elevator. Spanning across 245 acres, Aspen Vision City is the largest mixed-use development in the state of Penang. It is also a mega scale joint venture development between Aspen Group and Ikano Pte Ltd.

“We are delighted to have a new and strong business partner in Malaysia, which is an important market for us,” said Jujudhan Jena, Chief Executive of Jardine Schindler Group. “Bringing intelligent digital solutions to the country is a goal we proudly share with Aspen Group, and we anticipate strengthening our presence in Malaysia through this important collaboration,” he said.

“This signing is an excellent step in our new partnership with Aspen Group,” said Ashok Ramachandran, Managing Director of Antah Schindler Sdn Bhd. “We are proud to have been chosen for the Aspen Vision City development because of our well-established brand reputation and good relationship with our customers,” he said.

“We are excited about this collaboration with Schindler, which we strongly believe will transform the way people move in Aspen’s upcoming developments,’ said Dato’ M. Murly, Group Chief Executive Officer of Aspen Group. “By integrating the latest Schindler Smart Digital Solutions, such as an intelligent elevator dispatching system that delivers first-class traffic performance, security access control systems, and smart personalized passenger services, among others, we envisage bringing seamless transit, efficiency, security and convenience to all Malaysians we come into contact with,” he said.

Antah Schindler Sdn Bhd – the home of Schindler in Malaysia
Antah Schindler Sdn Bhd is a joint venture between Jardine Schindler Group and Syarikat Persaka Antah Sdn Bhd, providing elevator and escalator installation and maintenance services throughout the country. Schindler Malaysia has worked on numerous landmark projects, including KL Eco City, Intermark - Integra Tower, Pavilion KL, KLCC Lot C, KL Sentral, KL International Airport, and Pavilion Residences.

Aspen Group
Aspen Group is a property development and real estate investment group based in Penang. The Group was founded on the principle of delivering quality and affordability in an ever-changing property development industry. Powered by a customer-driven business model, Aspen Group has become a name synonymous with buyer-oriented properties of exceptional quality and lifestyle features. With a promising future outlook for the property development sector, Aspen Group is set to take on bigger, multifaceted challenges in various new strategic locations.

Aspen Vision City
With a GDV of RM8 billion and covering 245 acres of prime Freehold land, Aspen Vision City is one of the biggest mixed developments in Penang. The mega-scale project is a landmark joint venture between Aspen Group and Ikano Pte Ltd, owner of popular furniture franchise IKEA.

A masterfully planned multi-phase development, Aspen Vision City comprises a spectacular mix of condominiums, shop offices, serviced suites, hotels, office tower, financial hub, medical centre and international school supported by a diverse array of top notch facilities and amenities. At the forefront of the project are an integrated shopping centre and the much anticipated Northern Region's first IKEA store, both to be placed under the management of Ikano Pte Ltd.
Poised to redefine the very landscape of Batu Kawan, Aspen Vision City is situated right at the bustling landing point of the Second Penang Bridge. Arguably the most desirable location in Southeast Penang, Aspen Vision City's value and status is poised to grow exponentially in the coming years.