Puncak Niaga and Splash reject offer from Selangor for water assets


PETALING JAYA: Puncak Niaga Holdings Bhd and Gamuda Bhd are standing their ground for a better offer from the Selangor Government for their water assets, indicating that the entire exercise is not going to be a straight-forward affair as envisaged.

As expected, only Kumpulan Perangsang Selangor Bhd (KPS) has accepted the Selangor Government’s offer.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Puncak Niaga , Gamuda , KPS

   

Next In Business News

Ekuinas acquires 80% stake in pharma ingredients producer Symbiotica
TNG Digital introduces Malaysia's first in-app Visa exchange rate calculator
Carlsberg says price increases gave solid start to 2024
HSBC Chief Quinn, architect of sweeping overhaul, announces surprise retirement
Sime Darby Plantation proposes name change to SD Guthrie
Asian shares rise, yen wobbles after volatile start to week
Strait Energy's unit completes first delivery of ISCC EU-certified marine biofuel
MKHOP seeks to capitalise on higher CPO prices amid tighter global supply
Bursa Malaysia registers higher net profit of RM75.03mil in 1Q
Bursa takes a breather at midday

Others Also Read