SAJ plans RM900mil capex

  • Business
  • Thursday, 01 Sep 2016

JOHOR BARU: Exclusive water provider in Johor, SAJ Holdings Sdn Bhd, is planning to obtain an allocation of RM900mil in capital expenditure (capex) from Pengurusan Aset Air Bhd (PAAB) for its fourth operating period (OP4) which would commence in January 2018.

Chief executive officer Abdul Wahab Abdul Hamid said the amount was about the same as the capex allocation approved for the current operating period (OP3) which started Jan 1, 2015 until December 2017.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , SAJ Holdings , Ranhill Bhd , water


Next In Business News

CPO futures expected to trade lower next week
Short Position: Stockbroking challenge, Earnings drag, How low can you go?
Expansion of M’sian builders overseas – strategy and necessity
Ringgit to recover on investor confidence
Easing residential overhang
How to correct global imbalances?
Are we targeting subsidies right?
MAHB to ‘clean house’ at Malaysia airports
Alliance, CGC allocate RM1bil for MSMEs
Workplace stress and anxiety

Others Also Read