Pba Holdings Bhd (Malaysia)

PBA Holdings Bhd (PBAHB) is a holding company located in Georgetown, Malaysia. It was incorporated on May 25, 2000, and listed on the Main Board of Bursa Malaysia on April 18, 2002. PBAHB's subsidiaries include Perbadanan Bekalan Air Pulau Pinang Sdn Bhd, PBA Resources Sdn Bhd, and PBA Green Technology. As a public listed group of companies, PBAHB operates in accordance with the principles of accountability to its shareholders, customers, and the principles of good governance required by Bursa Malaysia. The company is accountable to the Penang State Government and Malaysia's National Water Services Commission (SPAN) for providing continuous water supply services. PBAHB's vision is to meet all water supply needs and become a leading organization in water supply in Asia. They believe in providing holistic, accountable, and sustainable water supply services. One of PBAHB's subsidiaries, Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP), is the licensed water supply operator for the State of Penang. PBAPP has been serving the public for 20 years since its corporatization in 1999. PBA Resources Sdn Bhd (PBAR) is a management company that operates the Penang Water Services Academy (PWSA). PWSA was established in 2007 to provide knowledge-based and competency-based training for the water supply industry. PBAHB also has a subsidiary called PBA Green Technology Sdn Bhd (PBAGT), which was incorporated on December 12, 2018. PBAGT focuses on projects in the fields of hydro and solar power. The main objectives of PBAGT's renewable energy initiatives are to explore renewable technology projects, offset or reduce energy costs, and unlock the energy generation potential of Penang's water supply installations.