Full Press Release Details
ATP Corporation Secured Landmark Jet Fuel Supply Agreement with Swiss One Oil & Gas AG
partnership positions ATPC for long-term growth in the global energy market
LUMPUR, 3 APRIL 2025 - NASDAQ-listed AGAPE ATP Corporation ("ATPC") through its subsidiary ATPC
Green Energy Sdn. Bhd. ("ATPC Green Energy"), has entered into two Sales and Purchase Agreements ("SPAs")
with an aggregate value of approximately USD 24 billion with Swiss One Oil & Gas AG ("Swiss One").
SPAs build upon an earlier Initial Corporate Purchase Order ("ICPO") signed in February 2025, which laid the foundation
for the procurement and supply of refined fuels, including Jet Fuel A1 and EN590 10PPM diesel. The ICPO covered a trial shipment of
100,000 metric tonnes of EN590 10PPM diesel and one million barrels of Jet Fuel A1. The successful completion of this phase has now
led to long-term structured agreements between the parties.
the terms of the SPAs, ATPC Green Energy will supply EN590 10PPM diesel and Jet Fuel A1 to Swiss One over a 12-month period plus rolls
and extensions, with an initial trial order comprising 200,000 metric tonnes of EN590 10PPM diesel and 2 million barrels of Jet Fuel
A1. The trial shipment is scheduled to commence in March 2025. Upon successful completion of the trial, the contract will transition
into full-scale supply, with weekly deliveries of 500,000 metric tonnes of EN590 10PPM diesel and 2 million barrels
of Jet Fuel A1 to meet growing global demand.
deliveries will be executed through Free on Board ("FOB") procedures at major international ports, ensuring seamless logistics
and adherence to international trade protocols. The agreement also maintains compliance with global quality standards, with SGS or equivalent
inspection authorities conducting independent quality assessments to ensure that the fuel meets ASTM/IP international standards.
Hattara, CEO of Swiss One Oil and Gas said, "I would like to express my gratitude to Mr. Steven Huffman, President and Director
of Swiss One Oil & Gas Asia Pacific Operations as well as Mr. Magedaragamage, consultant to Swiss One Oil & Gas for their efforts
and assistance in Agape venture. Both Mr. Huffman and Mr. Magedaragamage will be onsite to work alongside Agape with the logistics and
this strategic partnership, ATPC reinforces its commitment to enhancing its energy trading portfolio, expanding its market reach, and
securing sustainable business growth. This move is expected to contribute significantly to ATPC's revenue streams while aligning
with its long-term vision of creating a diversified and future-ready business model.
AGAPE ATP Corporation
ATP Corporation (ATPC) is dedicated to enhancing the quality of life and promoting sustainable development. With a strong foundation
built on two core business pillars, ATPC specializes in the provision of health and wellness products that caters to the diverse needs
of its customers, ensuring their well-being and vitality. Additionally, APTC delivers comprehensive energy-saving solutions that empower
companies to drive sustainability initiatives, reduce energy consumption, and achieve their sustainability goals.
more information, visit www.agapeatpgroup.com.
By: Koa International Sdn. Bhd. on behalf of Agape ATP Corporation
more information, please contact:
statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding
matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected benefits and outcomes
of the partnership announced by AGAPE ATP Corporation ("ATPC") and Swiss One Oil & Gas AG ("Swiss One"),
and the potential for optimizing supply chain efficiency, integrating advanced technologies, and expanding global market reach through
this collaboration. The words "anticipate," "believe," "continue," "could," "estimate,"
"expect," "intend," "may," "plan," "potential," "predict," "project,"
"should," "target," "will," "would," and similar expressions are intended to identify
forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are
not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the
Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including,
but not limited to, the Company's ability to execute its strategies, manage growth, and maintain its corporate culture; the Company's
future business development, financial conditions, and results of operations; expectations regarding demand for and market acceptance
of our products and services; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing;
government regulations; fluctuations in general economic and business conditions in Malaysia and the international markets the Company
plans to serve, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company
with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements
in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and AGAPE ATP
Corporation specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future
events, or otherwise, except as required by law.