Syarikat Bekalan Air Selangor
| Private Limited | |
| Industry | Water supply management for Selangor and the Federal Territory of Kuala Lumpur and Putrajaya. |
| Founded | 1996 |
| Headquarters |
Jalan Pantai Baharu Kuala Lumpur, Malaysia |
Key people | Tan Sri Rozali Ismail (Chaiman) |
| Website | Syarikat Bekalan Air Selangor |
Syarikat Bekalan Air Selangor Sdn Bhd (SYABAS) (English: Selangor Water Supply Company) is a water supply company serving the state of Selangor and the federal territories of Kuala Lumpur and Putrajaya in Malaysia. The executive chairman is Tan Sri Rozali Ismail.
Puncak Niaga Holdings Berhad is the majority shareholder of SYABAS, holding 70% of the total equity shareholding in the company. Other shareholders include Kumpulan Darul Ehsan Berhad (KDEB) (15%) and Kumpulan Perangsang Selangor Berhad (KPS) (15%); both are Selangor state-owned investment funds. The federal government of Malaysia holds one golden share in SYABAS.
History
Formerly known as the Selangor Water Supply Department (Jabatan Bekalan Air Selangor (JBAS)), a Selangor state government department, SYABAS was incorporated on July 8, 1996 under the Malaysian Companies Act 1965 to undertake the privatization of water supply in the state.
The concession agreement
Through a concession agreement dated 15 December 2004 between SYABAS, the Selangor state government and the federal government, SYABAS was given a concession period of 30 years commencing on January 1, 2005. SYABAS took over all the functions of Perbadanan Urus Air Selangor Berhad (PUAS) in the area of water supply and distribution of water to customers within the state of Selangor and federal territories of Kuala Lumpur and Putrajaya. The privatization involved over 7.3 million residential users, as well as 1.52 million industrial and commercial users, making it the largest privatization of water supply in Malaysia.
PUSPEL
PUSPEL or Pusat Perkhidmatan Pelanggan is a 24-hour customer service centre.