Rozali Ismail Explained

Honorific Prefix:Yang Berbahagia Tan Sri
Rozali Ismail
Birth Place:Selangor, Malaysia
Occupation:Founder of SYABAS

Rozali bin Ismail is a Malaysian Malay businessman. He is the founder and Executive Chairman of Puncak Niaga Holdings[1] and the Executive Chairman of Syarikat Bekalan Air Selangor (SYABAS),[2] a water concession company taken over by the government of Selangor in 2017.[3] He is also the President of the Malay Business Association of Selangor (DPMMS).

Financials

Bin Ismail was listed as one of the 40 richest men in Malaysia in 2011 with an estimated net worth of $155 million.[4] His lucrative remuneration packages, RM 5.1 million in 2009 and a whopping 33.4 million in 2012, drew public ire given the unsatisfactory level of water services in Selangor.[5] [6]

Puncak Niaga

Puncak Niaga was founded by Bin Ismail in the 1990s.[7] The company orchestrated early water concession in Kuala Lumpur. Ismail's ties to Selangor politicians enabled him to facilitate public-private partnerships and influence the decision to employ a three-stage water treatment scheme in the region.[8]

Puncak Niaga is the parent company of SYABAS. In October 2015 both companies were taken over by the Selangor state government.[9]

In 2018 Syarikat Pengeluar Air Sungai Selangor (SPLASH) filed a suit against SYABAS, claiming RM 4.22 billion in outstanding receivables. According to the chairman of the Malaysian Chinese Association (MCA), Tan Gim Tuan, since the government took over, Syabas had reported massive annual losses every year. He further claimed that the suit could bankrupt the whole state.[10]

Other positions

Rozali bin Ismail was the President of the Water Association of Selangor, Kuala Lumpur & Putrajaya and the Deputy President of the Malaysian Water Association.[11] He was also the treasurer of United Malays National Organisation (UMNO) Selangor and UMNO Hulu Selangor Division and a Selangor State Representative at the Malay Chamber of Commerce.[12] and Selangor State Representative at the Malay Chamber of Commerce.[13]

Rozali is the adviser for the Sultan Idris Shah Polytechnics.[14] He is the Chairman of Gabungan Wawasan Generasi Felda (GWGF)—–a group of 14 non-government organizations that speak for settlers and their families nationwide, estimated at some 600,000 people. In 2017, he called to disclose the identity of those responsible in the land ownership transfer, to reveal the identities of those involved in the suspicious RM200 million sale of Felda's land in Jalan Semarak.[15] In 2018, bin Ismail announced that GWGF would continue to support the Barisan Nasional Party and the United Malays National Organization Government in Malaysia's 14th general election.[16]

Awards and recognition

He was bestowed the Socrates Awards, an award given to businessmen who contributed their ideas and experiences to the international community. Rozali Ismail is also an activist in promoting local economy, politics, education, and Malaysian culture to the world.[17] [18]

Honour of Malaysia

External links

Notes and References

  1. Web site: Puncak Niaga Holdings Bhd (PNHB.KL). Reuters. 4 Nov 2018.
  2. Web site: Syarikat Bekalan Air Selangor Sdn. Bhd.. Bloomberg. 4 Nov 2018.
  3. Web site: Selangor govt decides to take over Syabas water operations - The Malaysian Reserve. 31 Mar 2017. themalaysianreserve.com. en-US. 2018-11-04.
  4. Web site: Malaysia's Richest - #35 Rozali Ismail. Forbes.com. 26 May 2010. 19 December 2012.
  5. Web site: Investigate Syabas boss's RM33.4 million salary, says DAP.
  6. Web site: Water Scandal: Summarising BN's massive conjob (Or: How you are making the super rich Rozali Ismail *even* richer) » jelas.info . 2014-04-17 . 2014-04-19 . https://web.archive.org/web/20140419012523/http://jelas.info/2009/03/20/water-scandal-summarising-bns-massive-conjob-or-how-you-are-making-the-super-rich-rozali-ismail-even-richer/ . dead .
  7. Web site: Company Overview of Puncak Niaga Holdings Berhad. Bloomberg. 2018-11-04.
  8. Book: Asia after the Developmental State: Disembedding Autonomy. Carroll. Toby. Jarvis. Darryl S. L.. 2017-10-12. Cambridge University Press. 9781107137165. en.
  9. News: Syabas, Puncak Niaga takeover on Oct 15. 2015-10-03. NST Online. 2018-11-04. en.
  10. Web site: MCA: Is Selangor govt heading towards bankruptcy following SPLASH lawsuit? - Nation The Star Online. www.thestar.com.my. 2018-11-04.
  11. Web site: Rozali bin Ismail - Biography. MarketScreener. www.marketscreener.com. 2018-11-04.
  12. News: Rozali dicabar letak jawatan, tanding pilihan raya. Malaysiakini.com. 1 September 2010. 19 December 2012.
  13. Web site: Rozali bin Ismail - Biography. MarketScreener. www.marketscreener.com. 2018-11-04.
  14. News: 8.2 peratus graduan PSIS dapat pekerjaaan. Utusan Malaysia. 20 May 2012. 19 December 2012.
  15. News: Expose those behind the shady Felda deal. Norrasyidah. Arshad. 22 Dec 2017. New Straits Times. 2018-11-04.
  16. News: GWGF pledges continued, undivided support for BN and Najib. Arumugam. Tharanya. 7 Apr 2018. New Straits Times. 2018-11-04.
  17. News: Puncak Niaga terima anugerah antarabangsa. Sinar Harian. 28 October 2012. 19 December 2012.
  18. News: Puncak Niaga terima Anugerah Socrates. Berita Harian. 29 October 2012. 19 December 2012.
  19. Web site: Semakan Penerima Darjah Kebesaran, Bintang dan Pingat.