Selangor offers RM5bil to take over water ops


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.

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 Business News

Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih
FBM KLCI rebounds to hit fresh two-year high
Asian FX subdued after mixed US data; equities set for weekly gains
Global manufacturing activity recovery to continue gradually into 2024 - S&P Global
Country Garden plans to present debt revamp plan in second half, sources say

Others Also Read