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.