Perlis has yet to transfer water assets to PAAB


KUALA LUMPUR: Perlis, despite having signed a water restructuring deal with Pengurusan Aset Air Bhd (PAAB), has yet to transfer its water assets to the latter, according to chief executive officer Datuk Ahmad Faizal Abdul Rahman.

“They (Perlis) have signed the agreement. They need to corporatise their water supply department before transfering it to PAAB,” he said on the sidelines of the Perdana Leadership Foundation CEO Forum 2013.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!

Business , PAAB

   

Next In Business News

OCBC bank signs MoU with Beibu Gulf to attract investors to MCKIP
Most Chinese developers' shares fall despite latest support measures
Thai Q1 GDP grows 1.5% y/y, above forecast
Ringgit stages small rebound boosted by US Fed rate cut prospects
Foreign investors stay net buyers on Bursa Malaysia at RM873.9mil
Arka shares jump 10% to one-year high
FBM KLCI starts week strong on rate cut hopes, Q1 GDP boost
Trading ideas: Maxis, ITMAX, PIE, MFM, PPB Group, Epicon, NationGate, GIIB
S&P profit recovery revs up on Big Tech and strong consumer run
Oriental’s strong balance sheet to enhance growth

Others Also Read