KUALA LUMPUR: Puncak Niaga Holdings Bhd’s memorandum of understanding (MoU) with Thai government body Metropolitan Waterworks Authority (MWA), aimed at setting up an exchange programme for mutual benefit, has lapsed after three years.
In a filing with Bursa Malaysia, the environmental engineering firm said the MoU inked with Bangkok-based MWA, which distributes treated water in Bangkok, Nonthaburi and Samutprakarn, ended on Sunday.
The MoU had been valid for three years from Jan 16, 2014, to Jan 15, 2017.
Puncak Niaga disposed its Selangor water concession business to Pengurusan Air Selangor Sdn Bhd for RM1.56bil in October 2015. It has since added new businesses including plantation to property development.
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