The Puncak Niaga Holdings Berhad (Puncak Niaga) Group is the leading regional integrated water, wastewater and environmental solutions provider with involvement in the oil & gas sector and to emerge as a prominent player in the plantation and property development sectors.
Puncak Niaga is an investment holding company whilst its subsidiaries are principally involved in the construction, water, wastewater, sewerage and environmental engineering sectors including undertaking research and development and technology development for the water, wastewater and environmental sectors, management and advisory services, integrated transportation and installation of offshore facilities in the oil and gas sector and plantation.
Established on 7 January 1997, Puncak Niaga was listed on the Main Board of Bursa Malaysia Securities Berhad (now known as the Main Market of Bursa Malaysia Securities Berhad) on 8 July 1997. As at the end of 31 December 2017, Puncak Niaga’s market capitalisation stood at RM277.3 million. It is the first water treatment and supply concession company to be listed on Bursa Malaysia Securities Berhad under the Infrastructure Project Company guidelines issued by Securities Commission and was reclassified to the Construction sector on 13 November 2015.
OUR CORE BUSINESS AND CAPABILITIES
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 currently manages one (1) water supply project in Sabah and another sewerage project in Kuala Lumpur.
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.
Puncak Niaga has two (2) branch offices in South East Asia namely, Puncak Niaga Holdings Berhad (Myanmar Branch) to facilitate Puncak Niaga Group’s exploration of potential water and wastewater related businesses opportunities in Myanmar and 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) and Unggul Raya (M) Sdn Bhd will be the wholly-owned plantation and property development subsidiaries of Puncak Niaga.
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.
Out of the manpower strength of more than 600 employees in Puncak Niaga Group, more than half comprise Management, professionals, technical and supervisory executives with core competencies in engineering, accountancy, legal, management, administration and business; which are instrumental in supporting the Group’s existing and future businesses and operations.
OUR COMMITMENT TO CORPORATE CITIZENSHIP
Puncak Niaga Group is committed to upholding the principles of good corporate governance and core values such as quality, value, service, innovation, integrity and trust in the conduct of our business which are integral to the Group’s success over the years. We have received various repeat awards and accolades for good governance, annual reporting, occupational safety and health; and environmental and social reporting.
OUR FUTURE PLANS
As Puncak Niaga Group seeks to grow its business and deliver value to the stakeholders, we will look into expanding our operations in areas related to our core businesses and core competencies in water and wastewater, sewerage, environmental engineering and construction as well as exploring opportunities in new business sectors such as oil palm plantation and property development.