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In 2004 a 30-year concession was awarded without competitive bidding to Syarikat Bekalan Air Selangor Sdn Bhd (SYABAS), a subsidiary of Puncak Niaga Holdings. The concession foresaw investment commitments of US$2.5 billion. It was supported by fixed government payments, since tariffs were too low to make the concession financially viable.
The Selangor water works is run by Pengurusan Air Selangor Sdn Bhd (Air Selangor), a Selangor State-owned company. [1] Sungai Selangor Dam & Sungai Tinggi Dam Dam capacity 344,529 million litres. Water treatment plant (Sungai Selangor WTP) capacity; WTP1 = 950 million litres per day (mld), WTP2 950 mld, WTP3 = 800 mld.
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Bank Rakyat, Muamalat, OCBC Bank do not co-brand their cards except for ATM use only. Maybank has the largest capitalisation in Malaysia in June 2018. Central Bank of Malaysia expects all debit cards issued in Malaysia to be co-branded with the local network 'MyDebit' latest by the year 2017. [12]
The Malaysian Electronic Payment System (MEPS) is an interbank network service provider in Malaysia. In August 2017, MEPS merged with Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) to form Payments Network Malaysia Sdn Bhd (PayNet) .
Rozali bin Ismail is a Malaysian businessman, founder, and Executive Chairman of Puncak Niaga Holdings. [1] He also serves as the Executive Chairman of Syarikat Bekalan Air Selangor (SYABAS), [2] a water concession company that was nationalized by the state of Selangor in 2017. [3]
The Selangor State Executive Council forms the executive branch of the Selangor state government and is analogous in function to the Malaysian federal Cabinet.The Executive Council is led by the Menteri Besar and made up of between four and 10 other State Assemblymen from the Selangor State Legislative Assembly. [4]