- CEO
- Faridatulzakiah binti Mohammed Bakhry
- Full Time Employees
- 464
- Sector
- Utilities
- Industry
- Water utilities
- Address
- Shah Alam Malaysia
- IPO Date
- Jul 8, 1997
- Business
- Puncak Niaga Holdings Berhad is an investment holding company that operates as an integrated water, wastewater, environmental engineering, construction, and concession asset management enterprise. Founded in 1997 and headquartered in Shah Alam, Selangor, Malaysia, the company delivers engineering solutions, public utility infrastructure, and agricultural commodities across domestic and regional markets through subsidiaries such as TRIplc Berhad and Danau Semesta Sdn Bhd.
The company operates across five primary business segments: Water and Wastewater, Construction and Engineering, Concession and Facilities Management, Plantation, and Oil and Gas Services. Puncak Niaga provides a comprehensive portfolio of products and services, including the design, engineering, procurement, construction, commissioning, operation, maintenance, and rehabilitation of potable water treatment plants, wastewater treatment facilities, pumping stations, and municipal water distribution schemes; pipeline replacement, network rehabilitation, and non-revenue water reduction solutions; civil, structural, and infrastructure construction for healthcare facilities, government buildings, university campuses, drainage systems, and flood mitigation projects; concession-based facilities management, asset preservation, and building maintenance services for public-private partnership developments; oil palm cultivation, harvesting, and marketing of fresh fruit bunches across its agricultural estates in Sarawak, Malaysia; and offshore engineering logistics, derrick lay barge chartering, and subsea pipe-laying support services.
In recent developments, Puncak Niaga Holdings Berhad has executed strategic operational shifts to bolster long-term recurring income and optimize capital efficiency. The group has expanded its concession and asset management operations through TRIplc Berhad, focusing on the maintenance and facilities management of large-scale institutional assets, including the Universiti Teknologi MARA (UiTM) Teaching Hospital at Puncak Alam. In response to nationwide infrastructure programs, the company has actively targeted municipal water pipeline modernization contracts, non-revenue water mitigation projects, and renewable wastewater recycling initiatives across Malaysia. In addition, Puncak Niaga continues to pursue asset rationalization, operational cost restructuring within its plantation and construction divisions, and the resolution of legacy water concession legal proceedings to strengthen its balance sheet and improve liquidity.