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Formerly known as Syarikat Prasarana Negara Berhad, Prasarana Malaysia Berhad or Prasarana, in short, takes after a new name on 5 July 2014 to reflect its current roles and business operations, including the initiative to become an active international player.

Established in 1998 and operational since 2002, Prasarana is the asset owner and operator of the country's two LRT networks and the KL Monorail; in addition to the bus services of RapidKL, RapidPenang and RapidKuantan.

Beyond the efforts to transform the country's public transport services via Rapid Rail Sdn Bhd and Rapid Bus Sdn Bhd, Prasarana has also established Prasarana Integrated Management and Engineering Services Sdn Bhd (PRIME) to provide management and engineering consultancy services, and Prasarana Integrated Development Sdn Bhd (PRIDE) to undertake commercial and transit-oriented development projects to further strengthen the performance of the company.

Within the Group, Prasarana continues to have under its wings the Project Development Division, which is currently responsible for two key infra-structure projects - the LRT Line Extension Project for both the Ampang and Kelana Jaya Lines; and the new Bus Rapid Transit - Sunway Line, which are expected to provide massive impact in the efforts to further elevate the standard of public transportation services for Klang Valley.

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