THE Selangor government has offered a total of RM5.184bil to Puncak Niaga Holdings Bhd’s units and Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash) to take over their water assets and operations.
Puncak Niaga Holdings Bhd says in a filing to Bursa Malaysia that its wholly-owned subsidiary, Puncak Niaga (M) Sdn Bhd (PNSB), and its 70%-owned Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) had received contracts totalling RM3.11bil from the Selangor goverment.
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