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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]
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It was run by Syarikat Bekalan Air Selangor (SYABAS) which is owned by the state government. There are seven dams in Selangor; Sungai Selangor Dam, Sungai Tinggi Dam, Sungai Semenyih Dam, Sungai Langat Dam, Klang Gates Dam, Sungai Batu Dam, ORS Sungai Labu Dam and Tasik Subang Dam. [154]
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After lengthy discussions about the price and after intervention by the federal government, [12] three of four concessions in the State of Selangor (Syabas as well as PNSB, both owned by Puncak Niaga Holdings, and the smaller state-owned ABASS) were bought back in September 2014 for a price of reportedly €1.9 billion. Services will now be ...