Gas Malaysia Berhad (“Gas Malaysia” or “the Company”) wishes to inform that Gas Malaysia’s wholly owned subsidiary, Gas Malaysia Distribution Sdn. Bhd. (“GMD”) is to affect the adjustment at the rate of RM0.045/GJ/day through a rebate to its Base Average Tariff for the period from 1 January 2024 until 31 December 2024.

Therefore, GMD’s Allowed Average Tariff under the IBR framework for all types of utilisations is RM1.528/GJ/day for the period from 1 January 2024 until 31 December 2024.

Gas Malaysia wishes to clarify that the tariff approval is not applicable to the sales of liquefied petroleum gas supplied in gas cylinder or in bulk supply.

The distribution tariff will continue to contribute positive returns from the regulated segment of the Company for the financial year ending 31 December 2024.

This announcement is dated 19 April 2024.