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Syarikat Bekalan Air Selangor Sdn Bhd or better known as SYABAS was incorporated on 8 July 1996 under the Malaysian Companies Act, 1965 to undertake the privatisation of water supply services in the State of Selangor and the Federal Territories of Kuala Lumpur and Putrajaya ('the Privatisation‘).

SYABAS Procurement of Water Pipes from Indonesia
Syabas procured water pipes from Indonesia through direction negotiations, with the owner of the Indonesian supplier being the current CEO of SYABAS Rozali Ismail
Financial Cost (MYR):
Syabas Unaccounted Expenditures
An audit report is said to have revealed a discrepancy of more than RM325 million between the summary of contracts awarded in 2005, 2006 and 2007, and Syabas' review document.
Financial Cost (MYR): 325000000
Syabas Office Renovation over approved limit
Records show that Syabas undertook renovation works at its offices worth RM51.2 million even though the Selangor Water Regulatory Department (JKAS) only approved RM23.2 million for the job.
Financial Cost (MYR): 28000000