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Business

Syabas to sign accord on water resource management

SYARIKAT Bekalan Air Selangor Sdn Bhd (Syabas) is close to signing an agreement to take over Perbadanan Urus Air Selangor Bhd (PUAS) #8211; and the management of water resources in Selangor and surrounding areas.

Business

PUAS privatisation is on says minister

THE Government will go ahead with the privatisation of Perbadanan Urus Air Selangor Bhd (PUAS) in view of the deteriorating financial condition of the state's corporatised water supply operator, said Energy, Water and Communications Minister Datuk Seri Dr Lim Keng Yaik.

Business

PUAS plans getting Government's help to settle RM2bil debt

PERBADANAN Urus Air Selangor Bhd (PUAS) plans to seek the Government#8217;s assistance to help settle the RM2.23bil in outstanding payments (as at end August) that it owes three water treatment plant operators #8211; Puncak Niaga Holdings Bhd, Syarikat Pengeluar Air Selangor Sdn Bhd (Splash) and Konsortium Abass Sdn Bhd.

Business

Water firms await Govt measures

COMPANIES in the water industry are looking forward to the Government implementing a holistic approach to water privatisation schemes to address the long-drawn issues and problems faced by the industry.---------------------------------------------

Business

Puncak Niaga expected to pay royalties of RM20m-RM25m

PUNCAK Niaga Holdings Bhd is expected to pay between RM20mil and RM25mil annually in royalty to the Selangor government under the state's proposed water supply privatisation scheme, analysts said.