Puncak Niaga
Holdings Berhad
We will continue to focus on growing our presence within Malaysia. Our journey will take us to new frontiers of growth and create long-term sustainable value to our shareholders amidst a challenging local and global economic environment.
Our wholly-owned subsidiary, Puncak Niaga Construction Sdn Bhd’s (PNCSB) principal business activities are construction works, general contracts and its related activities. As the construction arm of Puncak Niaga, PNCSB had completed two (2) water supply projects in October and December 2015, respectively, in Sarawak and one (1) water supply project in April 2019, in Sabah. Currently, PNCSB manages two sewerage projects in Kuala Lumpur and Kuantan, respectively.
On 10 March 2011, Puncak Niaga formed a 100% owned subsidiary in India, Puncak Niaga Infrastructures & Projects Private Limited which will focus primarily on potential markets in India.
On 28 September 2011, Puncak Oil & Gas Sdn Bhd (POG) completed the 100% equity acquisitions of two (2) oil and gas entities, namely GOM Resources Sdn Bhd (GOM Resources) and KGL Ltd. (KGL) with proven track records in undertaking oil and gas works for Petronas. The acquisitions enabled Puncak Niaga Group to diversify into the oil & gas sector and the Group subsequently exited the oil and gas industry in 2018.
Puncak Niaga has one (1) branch office in South East Asia namely, Puncak Niaga Holdings Berhad (Brunei Branch) to facilitate the business development efforts for Puncak Niaga Group in Brunei Darussalam.
Puncak Niaga Management Services Sdn Bhd provides management and advisory services to the Puncak Niaga Group whereas Murni Estate Sdn Bhd (MESB) is Puncak Niaga’s Plantation Division’s holding company.
On 17 October 2016, MESB acquired a 60% subsidiary, namely Danau Semesta Sdn Bhd (Danau Semesta) to facilitate the Group’s business expansion plans in the oil palm plantation sector. On 28 June 2017, MESB’s equity interest in Danau Semesta increased to 90%. On 3 July 2017, Danau Semesta acquired a wholly-owned subsidiary, Danum Sinar Sdn Bhd with its principal activities in the oil palm cultivation with 46,674 hectares plantation land in Murum, Sarawak.
After being in the Selangor water services industry since 1994, on 15 October 2015, both PNSB Water Sdn Bhd (formerly known as Puncak Niaga (M) Sdn Bhd) (PNSB) and Syarikat Bekalan Air Selangor Sdn Bhd (SYABAS) were disposed to Pengurusan Air Selangor Sdn Bhd and ceased to be a wholly-owned subsidiary and jointly controlled entity of Puncak Niaga Group in line with the consolidation of the Selangor water services industry by the Federal Government and the State Government of Selangor.
On 31 May 2018, Puncak Niaga completed the acquisition of the entire issued share capital in TRIplc Berhad (TRIplc) which is principally involved in the provision of project management services for construction projects, property development, property investment, property management and facilities management services. TRIplc, through its wholly-owned subsidiaries TRIplc Ventures Sdn Bhd and TRIplc Medical Sdn Bhd are the holders of two concession agreements for Zone 1 Phase 2 (Z1P2) and Zone 1 Phase 3 (Z1P3) of Universiti Teknologi MARA (UiTM) Puncak Alam Campus under the Private Finance initiative in Malaysia.
Puncak Niaga is committed in providing the best service to consumers by ensuring and maintaining the quality of treated water constantly within the desired standard worldwide specialising in Water Treatment Plant (WTP) and Water Infrastructure (WI).
We are committed to produce sustainable palm oil, sharing with people and caring for environment.
In 2014, the Malaysian Sewerage Service Department of the Ministry of Energy, Green Technology and Water selected PNCSB as the contractor for Package D44, to construct the sewer pipe networks at Bunus, Kuala Lumpur. PNCSB secured the contract for Kuantan Sewerage Project (Projek Pembetungan Kuantan) in 2018.
Puncak Niaga owns sizeable land bank for future development.
Puncak Niaga involved in concession facilities management services (FMS) via its subsidiary, TRIplc Berhad. Under the concession with Universiti Teknologi MARA (UiTM), TRIplc is paid concession charges which comprise of Availability Charges (for the availability of the Facilities and Infrastructure) and Maintenance Charges (for the provision of the maintenance works) in accordance with the provision of the Concession Agreement.