PETALING JAYA: The new water tariff hikes will help cushion Puncak Niaga Holdings Bhd
's expenditure to carry out works to reduce non revenue water (NRW) levels.
The company's share price shed 3 sen or 1.02% to close RM2.90 on Bursa Malaysia on Tuesday, following the Selangor State Government's announcement that the 15% tariff hike would take place on Wednesday.
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