July 30, 2014 8:46 PM ET

Water Utilities

Company Overview of Syarikat Bekalan Air Selangor Sdn. Bhd.

Company Overview

Syarikat Bekalan Air Selangor Sdn. Bhd. supplies and distributes treated water in Selangor, and the Federal Territories of Kuala Lumpur and Putrajaya. It processes and treats rain water taken from dams or rivers; and upgrades and enhances the water supply system and services. The company is responsible for the distribution of water services to people via consumer accounts that include domestic, commercial, and industrial customers. It also performs maintenance, repair, and replacement services for plumbing equipment. Syarikat Bekalan Air Selangor Sdn. Bhd. was formerly known as Perbadanan Urus Air Selangor Berhad and changed its name to Syarikat Bekalan Air Selangor Sdn. Bhd. in January 2005...

Peti Surat 5001

Jalan Pantai Baharu

Kuala Lumpur,  59990

Malaysia

Founded in 1996

Phone:

60 3 2088 5400

Fax:

60 3 2295 5168

Key Executives for Syarikat Bekalan Air Selangor Sdn. Bhd.

Chief Executive Officer and Director
Age: 58
Executive Chairman
Age: 57
Executive Director of Finance and Executive Director
Age: 51
Chief Operating Officer and Director
Age: 60
Executive Director of Technical Development
Age: 64
Compensation as of Fiscal Year 2014.

Syarikat Bekalan Air Selangor Sdn. Bhd. Key Developments

Puncak Niaga Holdings Berhad Provides Update Lawsuit of Syarikat Bekalan Air Selangor Sdn. Bhd and Syarikat Bekalan Air Selangor Sdn Bhd

Puncak Niaga Holdings Bhd updated that, at the case management held on November 13, 2013, the Kuala Lumpur High Court was informed of the Court of Appeal's decision during the hearing held on 6 November 2013, which dismissed Puncak Niaga (M) Sdn Bhd's appeal to obtain Discovery of Documents from SYABAS particularly the Management Accounts and the Management Financial Statements for the year 2010-2013. Further, upon request by Puncak Niaga (M) Sdn Bhd's counsel, the Kuala Lumpur High Court had directed that the trial dates fixed on 25 November 2013, 26 November 2013 and 27 November 2013 to be maintained but vacated the trial date on 28 November 2013.

Syarikat Bekalan Air Selangor Sdn Bhd Enters into Two Loan Facility Agreements and the Ancillary Agreements with the Government of Malaysia

The Board of Directors of Puncak Niaga Holdings Bhd announced that its subsidiary Syarikat Bekalan Air Selangor Sdn Bhd had on October 21, 2013 entered into two Loan Facility Agreements and the ancillary agreements, namely, the Deed of Assignments and Debentures with the Government of Malaysia in relation to the government loans amounting to MYR 75.0 million and MYR 76.0 million each from the Federal Government, for which the Federal Government is represented by the Ministry of Finance, Malaysia. The Government Loans shall be utilised for the following purposes: MYR 75.0 million Government Loan to finance the works in relation to the Water Supply Mitigation Programme - old pipes and critical pipes replacement projects in Selangor and Kuala Lumpur at sixteen critical areas in Selangor, Kuala Lumpur and Putrajaya; and MYR 76.0 million Government Loan To finance the works in relation to the Water Supply Mitigation Programme Phase 2 to reduce non- revenue water losses as one of the projects to mitigate the water shortage in Selangor, Kuala Lumpur and Putrajaya. Tenure of the Government loans was Twenty years commencing from the first Drawdown Date. Grace period will be a period of three years commencing from the effective date. The period commencing immediately upon the expiry of the grace period and expiring 17 years thereafter. 3.0% per annum and shall accrue from the effective date and payable annually in arrears with the first Interest payable upon the expiry of the grace Period.

Syarikat Bekalan Air Selangor Sdn. Bhd. Signs Memorandum of Understanding with National Institute of Occupational Safety and Health

Syarikat Bekalan Air Selangor Sdn. Bhd. signed MOU with National Institute of Occupational Safety and Health. to develop a comprehensive safety training and assessment programme, namely the Occupational Safety and Health – SYABAS NIOSH Safety Card training for SYABAS’ Contractors’ Workers, leading to the award of SYABAS NIOSH Safety Card for SYABAS’ Contractors’ Workers.

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