Selangor: Offer for Splash stands, revision would be unfair to players who have accepted offer


PETALING JAYA: The Selangor government is unlikely to revise its offer to take over Syarikat Pengeluar Air Selangor Sdn Bhd (Splash) on the premise that it would be unfair to the other concessionaires who had already accepted the state’s offer.

According to Azrul Azwar, a special functions officer for Selangor Mentri Besar Tan Sri Khalid Ibrahim, the offer of a non-compounded interest of 12% per annum to Splash was “decent” enough.

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Business , Splash , Gamuda

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