Rancak Bistari Sdn Bhd is a company that holds 70% of E 22 Senai – Desaru Expressway Website.  Since this is a substantial shareholding of an expressway in Malaysia, we are interested to know more about this company. According to Source #1, Tan Sri Hamdan Mohamad is said to be a director as well as a major shareholder in the company.

Senai – Desaru Highway is said to cost about RM 1.5 billion.

Sources

1. Fraserdirect.com.sg [ link 1 ] , [ link 2 ]
2. Senai – Desaru Expressway Website [ link ]

ZECON Berhad is a Bumiputra company responsible for managing highway(s) in Malaysia.

Corporate Structure

Substantial Shareholders

• Dawla Capital Sdn Bhd, 65,689,475 shares, 55.15 %
• Datuk Haji Bolhassan bin Di @ Ahmad bin Di, 11,500,000 shares, 9.66 %
• Haji Zainal Abidin bin Haji Ahmad, 3,655,200 shares, 3.07%

Haji Zainal Abidin is deemed to have another 55.15 % share in the company as he holds this share though his interest in Dawla Capital Sdn Bhd.

Website [ link ]

Touch ‘n Go Sdn Bhd (TNGSB) (406400-X) was incorporated in October 1996 whereby it launched its services in March 1997 at the Metramac Highway and PLUS Expressways. It provides a mode of payment via a prepaid e-payment card called the Touch ‘n Go card.

The Touch ‘n Go card provides users with a means to perform cashless low value transactions which is simple and convenient. It totally discards the need to carry and search for loose change when making payments.

TNGSB holds the intellectual property rights to the Touch ‘n Go system, which is locally developed according to Mifare standard, the industry standard for contactless smartcards. This enables the company to improve the system independently with required modifications, enhancements and upgrades.

Touch ‘n Go is now the one and only Electronic Toll Collection (ETC) operator for all highways in Peninsular Malaysia. It is also being accepted as the Common Ticketing System (CTS) for major public transports in Klang Valley. In addition, Touch ‘n Go has diversifies into parking, theme parks and selected retail outlets. In view of this expansion and understanding the needs for customer to easily reload their card, reload can be performed at TNG hubs, Customer Service Centre at major highways, banks’ ATMs & CDMs, selected petrol stations, “Kaunter Khidmat Pelanggan Touch ‘n Go” at selected PETRONAS stations, Automated Reload Kiosks at LRT stations and internet.

Corporate Structure

TNGSB is a private limited company. whose shareholders are CIMB Group Holdings Berhad, MTD Capital

Shareholders

• CIMB Group Holdings Berhad
• MTD Capital Berhad
• PLUS Expressways Berhad.

Source: TNGSB website

Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) is an investment holding company. Incorporated on January 19h 1995, Polintas is wholly owned by Permodalan Nasional Berhad (PNB).

It owns 100% of the following companies:

1. Projek Lintasan Kota Sdn Bhd (AKLEH, GCE)
2. Projek Lintasan Shah Alam Sdn. Bhd (LKSA)
3. Projek Lintasan Damansara – Shah Alam Sdn Bhd (DASH)
4. Projek Lintasan Sungai Besi – Ulu Klang Sdn Bhd (SUKE)

SILK Holdings Berhad is the company that manages SILK highway.

Substantial Shareholders

This information is obtained from the company’s 2013 annual report. This is correct as at October 10th 2013.

(Name, No. of shares, Percentage)

1. Johan Zainuddin bin Dzulkifli* 145,355,426 33.54%
2. Abdul Rahman bin Ali** 94,000,000 21.69%
3. Dato’ Mohd Azlan Hashim*** 84,835,669 19.58%
4. Infra Bumitek Sdn Bhd 79,555,426 18.36%
5. Bijak Permai Sdn Bhd 37,600,000 8.68%
6. Mohd Noor Ismardi Idris 31,998,893 7.38%

Notes:

* Direct and deemed interest through Infra Bumitek Sdn Bhd and Bijak Permai Sdn Bhd

** Direct and deemed interest through Temuras Jaya Sdn Bhd

*** Deemed interest through Infra Bumitek Sdn Bhd and RHB Capital Nominees (Tempatan) Sdn Bhd

Shapadu Group is a bumiputera company led by Datuk Shahrani Abdullah.

Corporate Structure

Shareholders

• 77% – Datuk Shahrani
• 8% – Datin Zaleha (wife)
• 15% – Shazakami Corp Sdn Bhd (family-owned company)

Source: The Edge Malaysia, Issue 802, April 19-25 2010 [ link ]

Projek Lebuhraya Utara Selatan (PLUS) is a concessionaire company responsible for maintaining several highways in Malaysia.

Shareholders

There is no individual owner for PLUS. The two substantial shareholders are:

• UEM Group Berhad – 51 % (a company owned 100 % by Khazanah Nasional Berhad – Government Investment Arm)
• Employers Provident Fund (Kumpulan Wang Simpanan Pekerja – KWSP) – 49 %

It has 100% share in:

• Projek Lebuhraya Usahasama Berhad
• Projek Lebuhraya Utara-Selatan Berhad
• Expressway Lingkaran Tengah Sdn Bhd
• Linkedua (Malaysia) Berhad
• Konsortium Lebuh Raya Butterworth-Kulim
• (Klbk) Sdn Bhd
• Penang Bridge Sdn Bhd

WGN Scan Sdn Bhd (1093254A) is a company best known for managing Mara Digital at Kuala Lumpur. Mara Digital was established as an alternative platform for bumiputera ICT traders to sell their products and services. The other obvious competitor would be Low Yat Plaza at Bukit Bintang, Kuala Lumpur.

The company is led by Wan Mohamad Zin, together with his son Wan Mohamad Zaffuan Wan Mohamad Zin. The father-and-son company is currently the exclusive supplier for vendors in Mara Digital.

Sources

[ zaffuanzin.com ] Wan Mohamad Zaffuan’s profile