Ranhill says no plans to sell SAJ Ranhill

Xeraya Capital is a venture capital and private equity firm focused exclusively on Life Sciences investments.

KUALA LUMPUR: Ranhill Holdings Bhd does not plan to sell its 80% shareholding in water services company SAJ Ranhill Sdn Bhd.

It issued the statement on Monday to refute a news article entitled “Johor government to acquire water services company SAJ Ranhill”.

“On behalf of the board of Ranhill, the company wishes to clarify that the company is not aware of the proposed acquisition by the Johor state government. 

“The company has no intention to divest its present equity stake of 80% held in SAJ Ranhill Sdn Bhd,” it said.
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Next In Business News

Mitsui weighs buyout of US$11bil IHH Healthcare
MIDF Research: Bank Negara likely to keep OPR unchanged this year
US$953mil Singaporean fund ensnared by alleged nickel fraud
Maybank to stop coal financing
CMS to hire external consultant in financial management probe
Rizal Rickman succeeds Zeti as Sime Darby Property chairman
Former Chief Justice Tun Arifin Zakaria appointed as PNB group chairman
Inari Amertron plans RM1bil private placement�
KLCI snaps losing streak but broader market cautious
Bank Muamalat allocates RM500mil financing to help Industry 4.0 vendors

Stories You'll Enjoy