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WASTE MANAGEMENT

In May 2016, Taliworks acquired a 35% equity interest in SWMEH. SWMEH is an integrated waste management and public cleansing service provider in the southern region of Peninsular Malaysia, namely Johor, Negeri Sembilan and Melaka, established in line with the National Privatisation of Solid Waste Management. SWMEH’s wholly owned subsidiary, SWM Environment Sdn. Bhd. (“SWME”), is the concession owner for the provision of solid waste collection and public cleansing services, serving the southern region until 31 August 2033.

Its business covers a total geographical region of approximately 27,600 sq km and serves a population of over 5.1 million. It services 27 local authorities with over 8,000 staff and 500 sub-contractors who collectively manage approximately 4,000 to 5,000 tonnes of waste per day.

As an integrated waste management and public cleansing service provider, SWMEH, through SWME, services municipal authorities, as well as commercial and industrial sectors in the southern region of Peninsular Malaysia. The collection and transportation of domestic waste, garden waste, bulky waste and recyclables form the crux of the company’s business. Currently, the company manages a fleet of over 1,000 collection vehicles and a workforce of 5,000 dedicated employees to provide scheduled and timely collection services. SWME averages a collection of 120,000 tonnes of waste a month with an approximate total of 1.4 million tonnes of waste collected for the year 2018.

The public cleansing service, which includes grass cutting, drain cleaning, street sweeping, wet/dry market cleaning and beach cleansing is an important part of the company’s scope of work and plays a critical role for the benefit of the general public. A fleet of over 500 cleansing vehicles, machines and a workforce of over 3,000 employees are deployed for the cleaning services.

Earlier in 2015, EPF had acquired a 35% equity interest in SWMEH. The acquisition by Taliworks into SWMEH would be the third partnership between Taliworks and EPF.