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Five launched in Malaysia: AI-powered petrol stations with Petronas-sourced fuels

Sanjay ยท Oct 16, 2020 01:05 PM

Five launched in Malaysia: AI-powered petrol stations with Petronas-sourced fuels 01

Five Petroleum Malaysia Sdn Bhd (Five) is a new Malaysian petrol station brand that was just launched earlier today through their Facebook page, Five Petroleum Malaysia.

Five's launch was officiated by the Minister of Domestic Trade and Consumer Affairs, Dato' Sri Alexander Nanta Linggi.

Five launched in Malaysia: AI-powered petrol stations with Petronas-sourced fuels 02

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Among other things, Five aims to extend enterprise opportunities to new entrepreneurs by offering smaller and easier station setups. This could mean a lower barrier of entry due to potentially reduced capital, and increase their reach to operate in more remote areas. 

Five launched in Malaysia: AI-powered petrol stations with Petronas-sourced fuels 01

Besides that, Five also will use Green Packet's know-how in incorporating artificial intelligence technologies such as Electronic Know Your Customer (e-KYC), cashless transactions and licence plate recognition systems.

Five launched in Malaysia: AI-powered petrol stations with Petronas-sourced fuels 02

Five Petroleum will be managed by Seng Group, with its Ultimaxx range of fuels being sourced from Petronas. Their stations will also have Woo! Mart convenience stores.

Sanjay

Senior Writer

With humble beginnings collecting diecast models and spending hours virtually tuning dream cars on the computer, his love of cars has delightfully transformed into a career. Sanjay enjoys how the same passion for cars transcends boundaries and brings people together.

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