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.