Taliworks’ involvement in the waste management business started in May 2016 when it acquired a 35% equity interest in SWM Environment Holdings Sdn. Bhd. (“SWMEH”). SWMEH is a 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, with the concession period ending on 31 August 2033.
Its business covers a total geographical region of approximately 28,500 sq. km and serves a population of over 5 million. It services 27 local authorities with over 8,000 staff and 350 sub-contractors who collectively manage approximately 5,000 tonnes of waste per day.
As a waste management and public cleansing service provider, SWMEH, through SWME, services municipal authorities, as well as commercial and industrial sectors. The collection and transportation of domestic waste, garden waste, bulky waste and recyclables form the crux of the company’s business. Currently, SWMEH manages a fleet of about 700 collection vehicles and a workforce of over 2,000 dedicated employees to provide scheduled and timely collection services.
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 600 cleansing vehicles, machines and a workforce of over 6,000 employees are deployed for the cleansing services.
In 2015, EPF acquired a 35% equity interest in SWMEH. The acquisition by Taliworks into SWMEH was the third partnership between Taliworks and EPF.