Puncak Niaga Holdings Bhd 2011 AR2
The report highlights Puncak Niaga Holdings Berhad's performance for the fiscal year 2011, during which the company expanded into the oil and gas sector through the acquisitions of GOM Resources Sdn Bhd and KGL Ltd. Additionally, the company expanded its water operations with a new rural water supply project in Sarawak. Despite financial challenges from the adoption of IC Interpretation 12, which led to a net loss of RM83.72 million, the company's water treatment plants achieved a 99.9% compliance rate with treated water quality standards. The company also established a new subsidiary in India and a representative office in Vietnam to spearhead overseas expansion.
Company: Puncak Niaga Holdings Bhd
Sector: Utilities
Country: Malaysia
Year: 2011
Type: AR2
Pages: 93
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Puncak Niaga Holdings Bhd
Annual Report
The report highlights Puncak Niaga Holdings Berhad's performance for the fiscal year 2011, during which the company expanded into the oil and gas sector through the acquisitions of GOM Resources Sdn Bhd and KGL Ltd. Additionally, the company expanded its water operations with a new rural water supply project in Sarawak. Despite financial challenges from the adoption of IC Interpretation 12, which led to a net loss of RM83.72 million, the company's water treatment plants achieved a 99.9% compliance rate with treated water quality standards. The company also established a new subsidiary in India and a representative office in Vietnam to spearhead overseas expansion.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Published
Jun 26, 2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees