Selangor offers fresh RM9.65bil takeover bid to water firms


SHAH ALAM: The Selangor state government on Wednesday made a fresh offer of RM9.65bil to take over all four water concession companies.

All liablities of the companies will also be absorbed by state investment arm Kumpulan Darul Ehsan Berhad (KDEB), which will act as the equity owner, said Mentri Besar Tan Sri Khalid Ibrahim.

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!
   

Next In Nation

Advancing social protections to bring diversity and inclusion for women in Malaysia’s workforce
RHB sets its sights on net zero by 2050
Disability, the neglected piece of the DEI puzzle
Exploring the impact of purpose on brand growth in South-East Asia
Is the construction industry just a ‘boys’ club’?
Remembering marginalised Malaysians
MACC probing Mahathir
Social media user being probed over comments
Indonesia, Johor to boost trade, tourism
Top China scholar to headline new ‘Master Series’

Others Also Read