Gas Malaysia Berhad distributes and sells natural gas to the industrial, commercial, and residential sectors in Malaysia. The company also constructs and operates the natural gas distribution system in Peninsular Malaysia. In addition, it sells liquefied petroleum gas (LPG) through a reticulation system; sells and transports compressed natural gas; holds properties; and invests in combined heat and power systems, and virtual pipelines. The company serves customers in the food, beverage and tobacco, rubber, non-metallic minerals, glass, fabricated and basic metal, chemicals, electric and electronics, paper, printing and publishing, textile, and retail industries. As of December 31, 2015, it o...
No. 5, Jalan Serendah 26/17
Peti Surat 7901
Shah Alam, 40732
Founded in 1992
Gas Malaysia Berhad Declares Interim Dividend for the Financial Year Ending December 31, 2016 Payable on September 21, 2016
Aug 11 16
Gas Malaysia Berhad declared interim dividend of 4.00 sen per ordinary share of MYR 0.50 each, tax exempt under the single-tier system amounting to MYR 51,360,000 in respect of the financial year ending December 31, 2016. The dividend is payable on September 21, 2016. The Ex-dividend date is August 26, 2016. The entitlement date is August 30, 2016.
Gas Malaysia Berhad Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016
Aug 11 16
Gas Malaysia Berhad reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenues were MYR 973,565,000 against MYR 795,011,000 a year ago. Profit before zakat and taxation was MYR 49,774,000 against MYR 43,569,000 a year ago. Net profit attributable to owners of the parent was MYR 38,974,000 or 3.04 sen diluted per share against MYR 33,679,000 or 2.62 sen diluted per share a year ago. The better performance is due to the upward revision of natural gas tariffs which took effect in January 2016 and higher volume of gas sold in the current quarter.
For the six months, the company reported revenues were MYR 1,934,603,000 against MYR 1,556,594,000 a year ago. Profit before zakat and taxation was MYR 89,447,000 against MYR 81,406,000 a year ago. Net profit attributable to owners of the parent was MYR 70,353,000 or 5.48 sen diluted per share against MYR 62,169,000 or 4.84 sen diluted per share a year ago. Net cash flow generated from operating activities was MYR 321,937,000 against MYR 54,624,000 a year ago. Purchase of property, plant and equipment was MYR 43,380,000 against MYR 30,389,000 a year ago.
Shazali Bin Dato' Hj Shahrani Resigns as Non Independent and Non Executive Director of Gas Malaysia Bhd
Jun 14 16
On June 14, 2016, Gas Malaysia Bhd. announced that Shazali Bin Dato' Hj Shahrani, Non Independent and Non Executive Director has resigned. The effective date is June 14, 2016. The resignation is due to other commitments and to pursue other interests.