SAJ plans RM900mil capex


JOHOR BARU: Exclusive water provider in Johor, SAJ Holdings Sdn Bhd, is planning to obtain an allocation of RM900mil in capital expenditure (capex) from Pengurusan Aset Air Bhd (PAAB) for its fourth operating period (OP4) which would commence in January 2018.

Chief executive officer Abdul Wahab Abdul Hamid said the amount was about the same as the capex allocation approved for the current operating period (OP3) which started Jan 1, 2015 until December 2017.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , SAJ Holdings , Ranhill Bhd , water

Next In Business News

Oil prices fall as risks from Kazakh production halt subside
Gold zooms past US$4,800 for the first time as Greenland tensions simmer
Maybank aims to mobilise RM300bil in sustainable finance by 2030
Airbus reaffirms long-term commitment to Malaysia’s aerospace sector
High court approves Capital A's capital reduction, working towards PN17 status uplift
Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff
China completes first phase of 6G technology trials
ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland

Others Also Read