Putrajaya Holdings is the Master Developer of Putrajaya, and was given the task of translating the vision of Putrajaya into reality. Putrajaya Holdings Sdn Bhd was incorporated on October 19, 1995 with the initial responsibility of designing and developing the comprehensive, highly strategic 20-year Putrajaya Masterplan. Putrajaya Holdings’ shareholders are Petroliam Nasional Berhad (PETRONAS), the national petroleum company; Khazanah Nasional Berhad (Khazanah), the investment arm of the Government of Malaysia; and Kumpulan Wang Amanah Negara (KWAN). However, the ownership structure has since changed and as at May 3, 2007, PETRONAS via KLCC (Holdings) Sdn Bhd is the majority shareholders with 64.41%, while CIMB Group Nominees (Tempatan) Sdn Bhd (for and on behalf of KWAN) has 20% stake and Khazanah has a 15.59%. Today, with more than 20 signature development projects in Putrajaya comprising office buildings, commercial hubs and residential, Putrajaya Holdings is a maestro in the property market working alongside renowned names in the construction industry.