PETALING JAYA: Gamuda Bhd
may announce a special dividend payout following associate Syarikat Pengeluar Air Selangor Sdn Bhd’s (Splash) acceptance of the latest takeover bid by the Selangor state government, analysts said. Gamuda has an indirect stake of 40% in Splash.
The Selangor government recently offered to take over Splash for RM2.975bil but retained the company as operations and maintenance (O&M) operator in the state.
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