Gas Malaysia

Gas Malaysia Berhad
Publicly traded company
Traded as MYX: 5209
ISIN MYL5209OO001
Founded 1992
Headquarters No. 55, Jalan Serendah 26/17, Seksyen 26, Peti Surat 7901, 40732 Shah Alam, Selangor, Malaysia
Key people
 Encik Hasni Harun, Chairman
Ahmad Hashimi Abd. CEO
Parent MMC Corporation Berhad (30.9%)
Tokyo Gas Mitsui (18.5%)
Petronas Gas (14.8%)
Public (35.8%)
Website http://www.gasmalaysia.com

Gas Malaysia Berhad (doing business as Gas Malaysia; MYX: 5209) is a natural gas distribution company in Malaysia. The company headquarters is located in Shah Alam. It has three regional offices, located in Prai, Gebeng and Pasir Gudang, and seven branch offices located throughout Peninsular Malaysia.

History

The company was incorporated on 16 May 1992 to construct and operate the natural gas distribution system within Peninsular Malaysia. In December 2000, Gas Malaysia expanded its business to include the reticulated liquefied petroleum gas. Syarikat Has Bersatu in Sabak Bernam.

Operations

As of July 2005, the company had 452 industrial customers, more than 600 commercial customers and over 3,000 residential customers.[1]

As of February 2011, Gas Malaysia had 33,707 residential and commercial customers as well as 691 industrial customers. In 2010, total gas sold by Gas Malaysia was 117.8 million British thermal units throughout Peninsular Malaysia. As of February 2011, its network of gas pipelines covered a total of 1,726.6 kilometres (1,072.9 mi).

Shareholders

55% of the company shares is held by MMC-Shapadu Holdings, 25% by Tokyo Gas - Mitsui Holdings and 20% by Petronas Gas Berhad.

See also

References

  1. ↑ "Gas Malaysia investing RM220mil on pipeline". Malaysian Industrial Development Authority. 2005-07-13. Retrieved 2008-05-24.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.