Syed Mokhtar’s forgotten utility unit


AMIDST the sprawling business group of Tan Syed Mokhtar Al-Bukhary, his principal utility businesses that stand out are his port and airport operations at Pasir Gudang, Tanjung Pelepas and Senai, and power generation. 

There's a small utility company that seems to be hidden in this big group. This is Aliran Ihsan Resources Bhd (AIRB) that owns 14 water treatment plants in Johor. It is an almost forgotten, thinly traded stock.  

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