PHSB was originally established under the name of PKNS - Federal under the companies Act 1965. PKNS -Federal has been inactive since 1993

PKNS has been reactivated as a 'Special Project Vehicle' during the privatization process of Worldwide Holdings Berhad.

The privatization process of worldwide hodings by PKNS was completed on 12 November 2007. Therefore, Worldwide Holdings Berhad has become subsidiaries and wholly owned by PKNS through its stake in PKNS Holdings Sdn Bhd (PHSB).

On 3rd January 2008 company name has changed to PKNS Holdings Sdn Bhd.

On 20th April 2015 company name has change to SELGATE Corporation Sdn Bhd