Elridge Energy Holdings Berhad is incorporated in Malaysia under the Companies Act on 10 January 2024 as a public limited company to facilitate its listing. Through its sole subsidiary, Bio Eneco Holding Sdn Bhd, the Company is principally involved in the manufacturing and trading of biomass fuel products, particularly Palm Kernel Shells (PKS) and wood pellets. The Company sources its raw materials from a network of local and foreign suppliers comprising traders, oil palm plantation and milling companies, palm fruits transporters, and logging transporters. Elridge Energy's customer base are mainly biomass fuel product trading companies who would sell to end-users including manufacturers that require the use of industrial boilers for generation of heat or energy or biomass power plant operators. Occasionally, the company may also sell to end-users directly. Customers are primarily based in countries in Asia Pacific, mainly comprising Malaysia, Singapore, Indonesia and Japan.