Our Story
ABOUT NEXT GENERATION OIL
Who We Are
Next Generation Oil Sdn Bhd is a Malaysian based company that has developed a commercially viable process for the cultivation of micro algae, on an industrial scale, and the extraction of crude algae oil.
This process has been developed over the past 20 years by Peter Kim, a South Korean chemical engineer. Peter Kim focused on engineering and process innovations and improvements rather than genetic engineering, and as a result developed his Algae-Modular Automated Plantation (“A-MAP”)TM technology, (a combination of patented cultivation and harvesting technologies).
What We Do
Next Generation Oil is setting up the world’s largest Algae-Modular Automated Plantation and crude algae oil extraction facility in Malaysia, using best in class methods to produce a 50% cut of crude algae oil (CAO) and a 50% residual biomass of dry algae cake (DAC).
Why We Do It
The International Sustainability & Carbon Certification (ISCC)
is an international certification system covering all kinds of bio-based
feedstocks and renewables.
- Contribute to a reduction in greenhouse gas (GHG) emissions
- Promote sustainable use of land
- Promote traceability
- Protect natural biospheres
- Ensure social sustainability
PETER KIM
his journey
Peter Kim is a chemical engineer graduated from George Mason University, Virginia, USA.
He has over thirty-five years international experience mainly in the USA and South Korea, conducting and overseeing research and development on biofuels in the renewable energy sector. He has also been involved in the design, engineering and construction of biodiesel and chemical plants, including storage and distribution facilities.
Peter has six patents to his name in the field of biofuels and renewable energy. He is also an accomplished entrepreneur having founded several companies specialising in engineering and construction of biodiesel production plants, as well as the storage, distribution and marketing of biodiesel.
He is currently the Chief Executive Officer and principal shareholder of the Next Generation Group, the inventor of the Algae-Modular Automated Plantation (A-MAPTM) technology, principal technology consultant to the microalgae plant in Kumagaya, Nagoya, Japan and the USD$220 million plant in Okinawa, Japan.
NEXT GENERATION GROUP
BOARD OF DIRECTORS
Dato’ Indera Mohamed Moiz
Executive Chairman
Dato’ Indera Mohamed Moiz is a businessman with over thirty years experience in the corporate world. He heads his family’s group of companies which are involved in the property, plantation and manufacturing sectors.
Dato Moiz holds a Bachelor of Science degree in Business Administration (Finance Major) and is also a keen polo player.
YAM Tengku Panglima Raja Brigadier General Tengku Amir Nasser Ibrahim Shah Ibni Al-Sultan Abdullah Ri’ayatuddin Al Mustafa Billah Shah, SSAP. , SIMP.
Deputy Chairman
YAM Tengku Amir has a rich business portfolio, which covers agriculture, property development, mining, hospitality and health care sectors. This multi-industry exposure has developed his business acumen and enabled him to have a broader insight into the business world.
He holds a Bachelor of Arts Degree in Business & Marketing Management from Oxford Brookes University, United Kingdom.
Peter Kim
Chief Executive Officer
Kim JaeHoon, Peter, a chemical engineer by profession, has over thirty-five years international business experience in the renewable energy sector, ranging from research and development to production, storage and distribution.
Peter perfected the production and commercialisation of microalgae cultivation through the A-MAPTM technology system.
Peter has six patents to his name in this field.
Melvin Rohan Padmanathan
Chief Operations Officer
Melvin has twenty-five years experience in the downstream sector of the oil and and gas industry. Melvin also served as Senior Vice President in a New York based private equity company.
He is a Bachelor of Commerce graduate from Deakin University, Melbourne, Australia with a double major in Economics and Marketing.
Dato’ Ahmad Feisal bin Ahmad Tajuddin
Chief Financial Officer
Dato’ Ahmad Feisal has twenty-five years of experience in finance, corporate advisory and compliance. He is a board member and chairman of several companies in Malaysia and is currently the Treasurer for the Olympic Council of Malaysia.
He holds a Bachelor’s Degree in Accounting and Finance with Honours from De Montfort University, Leicester, England and also has a diploma in accountancy from Universiti Teknologi MARA, Malaysia.
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Stanley S Sinnapen
Non-Executive Director
Stanley S. Sinnappen is a seasoned lawyer with a twenty-six year track record. His area of expertise is in dispute resolution with a specific focus on commercial law. He has also been involved in the IPP sector for over twenty years.
Stanley is a graduate of the University of Wales, Aberystwyth, and was called to the Malaysian Bar on 18th February 1994.
NEXT GENERATION GROUP
Dali’s specific areas of expertise include financial & corporate restructuring and conventional banking derived from his vast working experience at Citibank Kuala Lumpur and New York. He served as the Executive Director of Citicorp Capital and eventually promoted as its Managing Director in 1994. Dali also served as the Chief Executive Officer of Utama Merchant Bank Berhad in 1996. He also sits on the Board of Directors of Chuan Huat Resources Bhd and Nova MSC Berhad, both listed companies on Bursa Malaysia.
Dali holds a BA (Economics) Knox College, Galesburg, Illinois, USA-1981.MBA, Thunderbird, Glendale, Arizona, USA-1982.
KEY PERSONNEL
Dato’ Wasi Khan bin Israr Ahmad
Director - Engineering & Procurement
Holding a degree in Mechanical Engineering from the University of Glasgow, Dato’ Wasi Khan has more than twenty-seven years experience in the oil and gas industry in both the upstream and downstream sectors.
He is currently the founder, shareholder and Group Chief Executive Officer of several engineering and integrated information technology system based companies.
Dato’ Nor Juliana Binti Ali
Head of Human Resources
Dato’ Juliana has a MHSc in Industrial Organisational Psychology. She has served in operational and strategic corporate HR in BRDB and Sime Darby, a multi-industrial GLC in her decade span career.
She strives to develop and manage a sustainable and competent human capital to grow with Next Generation Oil.
Dali Sardar
Head of Corporate Finance
Dali’s specific areas of expertise include financial & corporate restructuring and conventional banking derived from his vast working experience at Citibank Kuala Lumpur and New York. He served as the Executive Director of Citicorp Capital and eventually promoted as its Managing Director in 1994. Dali also served as the Chief Executive Officer of Utama Merchant Bank Berhad in 1996. He also sits on the Board of Directors of Chuan Huat Resources Bhd and Nova MSC Berhad, both listed companies on Bursa Malaysia.
Dali holds a BA (Economics) Knox College, Galesburg, Illinois, USA-1981.MBA, Thunderbird, Glendale, Arizona, USA-1982.
YM Dato’ Indera Tun Putera Yasir Ahmad Shah Mohamed Moiz
Head of Business Development - CAO
YM Dato’ Indera Tun Putera Yasir Ahmad Shah graduated with a Bachelor of Arts in Political Science and International Studies from the University of Melbourne, and a Graduate Diploma in Economics from City University London.
He is the founder of Darul Makmur Security Force, and co-founded SAS Empire Sdn Bhd, a company involved in the construction sector.
He sits on the board of various companies involved in mining, real estate and plantation.
YM Tun Putera Iskandar Alam Shah Mohamed Moiz
Head of Business Development - Power Generation
YM Tun Putera Iskandar graduated with a Bachelor of Science in Management from the University of Nottingham.
Tun Iskandar previously interned at the World Islamic Economic Forum and currently works at Next Generation Energy Sdn Bhd looking to develop crude algae oil powered power plants in Malaysia and the region.
Farriz Irfan Khan Bin Dato’ Wasi Khan
Business Development
- CAO & DAC
Farriz graduated with a Bachelor of Science in International Business Management from the University of Surrey in 2018.
He has experience in integrated information technology system-based companies, construction, and property development, as well as in business development and client relationship management.
Farriz is currently employed at Next Generation Oil to develop the CAO & DAC division in Malaysia and other regions.
Edwin M. Yang
Corporate Finance Advisor
Edwin Yang is a Chartered Accountant Australia & New Zealand, with 35 years of global corporate experience on management, finance, taxation and corporate restructuring. Held directorship positions in several publicly listed companies in Malaysia and the Philippines. Executive position held includes CEO of a prominent property development company and CFO of a publicly listed Malaysian conglomerate.
Edwin has a Master of Commerce Degree from University of New South Wales (Australia) and a Bachelor of Science in Business Administration degree.