PBA to fund Penang’s key water supply projects


GEORGE TOWN: PBA Holdings Bhd’s (PBAHB) unit, Perbadanan Bekalan Air Pulau Pinang (PBAPP), will reinvest about RM48.6mil to fund key water supply projects in Penang this year.

PBAHB and PBAPP chief executive officer Datuk Jaseni Maidinsa said PBAHB recorded a revenue of RM326.7mil for the financial year ended Dec 31, 2016, up 8.8% year-on-year, compared with RM300.3mil recorded in the same period in 2015.

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Business , PBA Holdings

   

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