Kumpulan Perangsang Selangor Berhad (KPS), is geared to become a global infrastructure and utility player in an endeavour to strengthen its earnings base and enhance shareholder value. A subsidiary of Kumpulan Darul Ehsan Berhad, KPS will leverage its experience to capitalise on opportunities that may arise in the global arena. Currently, KPS is conducting viability assessments of highway development projects and water supply projects in the region.
KPS's participation in the infrastructure sector is through its interest in Sprint Holdings Berhad, the concessionare for Sprint Highway. Subject to regulatory approval, KPS will also hold a 20% equity interest in the privatisation of the West Coast Expressway Project in Malaysia.
KPS holds strategic stakes in major water supply companies namely Syarikat Pengeluar Air Selangor Holdings Berhad (30%), Konsortium ABASS Sdn Bhd (55%) via Titisan Modal (M) Sdn Bhd and Taliworks Corporation Berhad (20%). KPS is well positioned to be a full fledged water utility service provider in both upstream and downstream activities. Being a water utility operator, contractor and service provider, it is envisaged that KPS will be transformed into a major water player in the country in the near future.
KPS will continue to actively look for opportunities in the infrastructure and utility sector namely water, roads, power and possibly telecommunications, locally and abroad.
Since its inception on 11 August 1975 with an authorised capital of RM75 million, KPS has grown into a sizeable company with an authorised capital of RM1.0 billion and paid-up capital of RM431.4 million. KPS was listed on Bursa Malaysia (formerly known as Kuala Lumpur Stock Exchange) on 22 July 2003.
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