Puncak Niaga Holdings Bhd is expected to pay between RM20mil and RM25mil annually in royalty to the Selangor government under the state's proposed water supply privatisation scheme, analysts said.
Under the privatisation plan announced recently, Puncak Niaga will take a 70% interest in Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) and the state government 30%, with the federal government holding a “golden” share.
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