OUR HISTORY

YEAR INCORPORATED & PUBLIC LISTED CO.

Our story began in 1965 as a plantation company known as Tholec Limited. Tholec then became a public company after it was listed in the Malaysia and Singapore Stock Exchange after two years of operation. In 1971, Tholec changed its name to Worldwide Holdings Berhad.

In 1989, Worldwide Holdings embarked on a major restructuring exercise with a relisting on the Bursa Malaysia Securities. With injected assets from three companies under the Kumpulan Perangsang Selangor, Worldwide Holdings was taken under the wings of the investment holding company.

Since then, Worldwide Holdings has been involved in a diverse range of industries, namely property development and investment, timber trading, infrastructure development, television broadcasting, solid waste management, overseas investment and investment holding.

In 2008, Worldwide Holding was taken private again and was subsequently delisted from Bursa Malaysia. Now a wholly owned subsidiary of Perbadanan Kemajuan Negeri Selangor (PKNS), Worldwide Holdings focuses on four main business: property, environment, medical and energy. All these core businesses are aligned to meet the needs and demands of today’s discerning consumers.

2009- CURRENT

WHOLLY OWNED BY PKNS

Today, Worldwide Holdings Berhad focuses on five main businesses: property, environmental management services, medical device manufacturing, energy, and project management and green technology

  • 33 SUBSIDIARIES
  • RM 196.5 MILLION PAID-UP CAPITAL

WORLDWIDE ENERGY

Worldwide Holdings is investing in the Energy sector through its 25% stake in Kuala Langat Power Plant and its advanced and award-winning Landfill Gas (LFG) Plants in sanitary landfill sites in Jeram and Puchong, Selangor. It has secured and awarded projects covering both thermal and renewable energy (RE) projects, such as the development of 1,200 MW Pulau Indah Power Plant (PIPP), hydro projects in Hulu Selangor, and Integrated Solid Waste Waste Management Centre (ISWMC) projects in Sanitary Landfill Sites. With the completion of all projects, Worldwide Holdings will contribute to 14% of Peninsular Malaysia’s power generation capacity, and is poised to continue implementing strategic moves to ensure effective participation in this sector and contribute towards power security. These include collaborating with experienced local and international business partners, equipping projects with the world’s most innovative and advanced technologies, and developing operations with high percentage of net efficiency.