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Trades about 9% above its sector, the market expects faster growth.
Established in 1992 and based in Shah Alam, Malaysia, Gas Malaysia Berhad is a prominent energy company primarily engaged in the marketing and distribution of natural gas to industrial, commercial, and residential consumers throughout Malaysia. Its business activities are primarily categorized under its Natural Gas & LPG division, alongside other ventures. The company is instrumental in the development, operation, and ongoing maintenance of the natural gas pipeline network across Peninsular Malaysia. Beyond its core natural gas services, Gas Malaysia Berhad also supplies liquefied petroleum gas (LPG) through dedicated reticulation systems, actively promotes and sells alternative gaseous fuels, and provides tailored energy solutions to a broad spectrum of clients spanning industrial, commercial, and residential sectors. Furthermore, its operations include the provision, sale, and transport of compressed natural gas (CNG), strategic property management, and the execution of virtual pipeline projects. Its diverse customer base includes vital industries such as rubber products, food and beverages, tobacco, chemicals, glass manufacturing, and both fabricated and basic metal production, among others.
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