Taliworks

Taliworks Corporation Berhad (MYX: 8524) is a Malaysian public utilities conglomerate. It is a member of LGB Group. Taliworks Corporation is involved in water treatment,[1] waste management,[2] highway concession and construction. Taliworks holds a 21-year concession rights for the operation and management of the Tianjin Panlou Life Waste Transfer Station, in Tianjin, China. Taliworks' research and technology arm has a production facility that produces CK21 bacteria, which is used for water and wastewater sludge treatment in China. The company is listed on Bursa Malaysia (MYX: 8524). The company has also purchased a controlling stake in highway operator Grand Saga Sdn Bhd for 107.8 million ringgit, or roughly 31 million USD.[3]

Taliworks Corporation Berhad
FormerlyCarpets International Malaysia Berhad
TypePublicly traded company
MYX: 8524
ISINMYL8524OO000
Industrywater & waste water, waste management , Highway management, Bacteria production
Founded1987 (1987)
HeadquartersKuala Lumpur, Malaysia
ParentLGB Group
Websitewww.taliworks.com.my

Profile
  • Taliworks Corporation Berhad is listed on the Main Market of the Malaysia Securities Exchange Berhad (Bursa Malaysia) under the Trading/Services Sector (Name and Code: TALIWRK (MYX: 8524).
  • Taliworks Corporation Berhad is engaged in the management, operation and maintenance of water treatment, waste management, highway concession and construction.

Services

It has multiple segments:.[4]

  • water, which is engaged in the management, operations and maintenance of water treatment plants and water distribution systems
  • investment holding, which involves investment holding and dormant companies;
  • construction, which is engaged in the design, construction and supervision of water supply works under a turnkey contract,
  • waste management, which provides management, operation and maintenance of waste management services and technical services relating to waste management.
  • Highway, which is engaged in the management and operation of the Cheras-Kajang Highway concession (Grand Saga Sdn Bhd) which expires in year 2027.
  • Taliworks has also secured a 21-year concession rights for the operation and maintenance of Tianjin Panlou Life Waste Transfer Station in China.[5]
  • Taliworks Analytical Laboratory is certified with MS ISO/IEC 17025:2005.[6]

References
  1. Malaysia's Taliworks wins 22 million contract for flood mitigation project, AFX News Limited, 2007-05-10.
  2. Taliworks to reward shareholders, New Straits Times, 2006-06-28.
  3. "Malaysia's Taliworks to buy 55 pct stake in highway operator for 107.8 mln rgt", Forbes, 2007-07-16, retrieved 2008-03-09
  4. Taliworks services, archived from the original on 2010-06-25
  5. "Taliworks secures concession in China", Asia Africa Intelligence Wire, 2004-05-07
  6. Taliworks Analytical Laboratory Certification, archived from the original on 2011-07-22


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