September 26, 2016 5:37 PM ET

Water Utilities

Company Overview of Puncak Niaga Holdings Berhad

Company Overview

Puncak Niaga Holdings Berhad, an investment holding company, provides integrated water, wastewater, and environmental solutions in Malaysia and internationally. It operates through Water and Wastewater, Oil and Gas, and Constructions segments. The company engages in the operation, maintenance, management, construction, rehabilitation, and refurbishment of water treatment facilities; providing environmental services, including the management of wastewater, solid waste, and waste energy; and treatment and distribution of water and related services. It also provides offshore installation services of integrated transportation and installation of offshore facilities; research and development, and...

Wisma Rozali

No. 4, Persiaran Sukan

Seksyen 13

Shah Alam,  40100

Malaysia

Founded in 1997

Phone:

60 3 5522 8598

Fax:

60 3 5522 8598

Key Executives for Puncak Niaga Holdings Berhad

Executive Chairman and Chairman of Executive Committee
Age: 59
Executive Director of Operations Division, Director, Member of Executive Committee, Member of Compliance, Internal Control & Risk Policy Committee and Managing Director of Puncak Niaga Construction Sdn Bhd
Age: 62
Executive Director of Corporate Finance Division, Executive Director, Member of Executive Committee, Member of Compliance, Internal Control & Risk Policy Committee and Member of Remuneration Committee
Age: 52
D44 Project Director/Coordinator
Age: 59
Compensation as of Fiscal Year 2015.

Puncak Niaga Holdings Berhad Key Developments

Puncak Niaga Holdings Berhad(KLSE:PUNCAK) dropped from S&P Global BMI Index

Puncak Niaga Holdings Berhad(KLSE:PUNCAK) dropped from S&P Global BMI Index

Puncak Niaga Holdings Bhd Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Puncak Niaga Holdings Bhd reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, revenue was MYR 10,573,000 against MYR 65,452,000 a year ago. Loss from operations was MYR 17,012,000 against MYR 12,035,000 a year ago. Loss before tax was MYR 17,764,000 against MYR 15,876,000 a year ago. Loss net of tax from continuing operations was MYR 18,259,000 against MYR 13,282,000 a year ago. Loss attributable to owners of the parent was MYR 18,257,000 against profit attributable to owners of the parent MYR 59,544,000 a year ago. Basic loss per share attributable to owners of the parent from continuing operations was MYR 4.06 against MYR 3.17 a year ago. Basic loss per share attributable to owners of the parent was MYR 4.06 against basic earnings per share attributable to owners of the parent of MYR 14.45 a year ago. The decrease in revenue in the current financial quarter and financial year-to-date was mainly due to lower revenue contribution from the construction segment of MYR 39.1 million and MYR 55.8 million respectively and no revenue contribution from the Oil and Gas segment. The lower LBT reported in the current financial quarter was mainly due to lower operating costs and unrealized foreign exchange gain. For the six months, revenue was MYR 23,773,000 against MYR 128,926,000 a year ago. Loss from operations was MYR 61,368,000 against MYR 12,682,000 a year ago. Loss before tax was MYR 62,941,000 against MYR 20,502,000 a year ago. Loss net of tax from continuing operations was MYR 63,937,000 against MYR 14,659,000 a year ago. Loss attributable to owners of the parent was MYR 63,804,000 against profit attributable to owners of the parent of MYR 125,214,000 a year ago. Basic loss per share attributable to owners of the parent from continuing operations was MYR 14.20 against MYR 3.46 a year ago. Basic loss per share attributable to owners of the parent was MYR 14.20 against basic earnings per share attributable to owners of the parent MYR 30.37 a year ago. Net cash used in operating activities was MYR 45,317,000 against MYR 22,229,000 a year ago. Purchase of property, plant and equipment was MYR 2,630,000 against MYR 1,040,000 a year ago. The higher LBT reported in the current financial year-to-date was mainly due to lower revenue in construction segment and no revenue in Oil and Gas segment coupled with higher operating costs.

Puncak Niaga Holdings Berhad Announces Management Changes

Puncak Niaga Holdings Berhad announced the resignation of Datuk Syed Hisham Bin Syed Wazir as Managing Director due to health reasons. The effective date is August 03, 2016. Puncak Niaga Holdings Bhd has appointed Azlan Shah Rozali as acting managing director (MD) of the company effective August 3, 2016. Puncak Niaga announced Azlan Shah would cease to be the alternate director to executive chairman and major shareholder Tan Sri Rozali Ismail.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 15, 2015
Ideal Water Resources Sdn Bhd.
 

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