Puncak agrees to third extension

PETALING JAYA: Selangor water concessionaire Puncak Niaga Holdings Bhd has agreed to a third extension to April 9 for the disposal of its water assets to Selangor but raised fresh concerns over the delay the company claimed will eventually affect the service level to consumers.

The statement revealed that Puncak Niaga was still keen to sell its water assets, but the outlook continued to be uncertain on how the deal would progress between the state and the federal government.