Perlis has yet to transfer water assets to PAAB


KUALA LUMPUR: Perlis, despite having signed a water restructuring deal with Pengurusan Aset Air Bhd (PAAB), has yet to transfer its water assets to the latter, according to chief executive officer Datuk Ahmad Faizal Abdul Rahman.

“They (Perlis) have signed the agreement. They need to corporatise their water supply department before transfering it to PAAB,” he said on the sidelines of the Perdana Leadership Foundation CEO Forum 2013.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , PAAB

Next In Business News

FBM KLCI extends rally on Christmas Eve; ringgit at five-year high
Higher corporate bond yields push issuers to delay debt sales to next quarter
Oil rises for sixth session on US data, geopolitical tension
BP to sell 65% stake in Castrol to Stonepeak for US$6bil
Nam Cheong sells 4,000-DWT platform supply vessel for US$20.5mil
Maybank experiencing intermittent slowness affecting DuitNow services
China turns sport into serious business
Gold climbs above US$4,500 in historic rally for precious metals
Borneo Oil’s associate Verde Resources seeks Nasdaq listing, raising US$5–US$8mil
MARC Ratings affirms Malaysia’s sovereign rating at AAA

Others Also Read