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Business

Government’s move to benefit Selangor water players

WATER industry players in Selangor are expected to benefit from the Government's decision to press ahead with the privatisation of the state's sole water supply operator, Perbadanan Urus Air Selangor Bhd (PUAS), after nearly a year's delay.

Business

PUAS secures RM1.34bil loan

PERBADANAN Urus Air Selangor Bhd (PUAS) could be seeing an end to its RM2.2bil debt woes following the approval of a RM1.34bil loan by Bank Pembangunan and Industri Bhd.

Business

On the move

Business

KPS confident of 30% annual earnings growth

KUMPULAN Perangsang Selangor Bhd (KPS) is confident of maintaining a 30% annual earnings growth in the next few years, with the bulk of earnings coming from contracts worth nearly RM5bil that parent company Kumpulan Darul Ehsan Bhd (KDEB) is expected to clinch.

Business

Nipsea offers to buy rest of HJSE shares

NIPSEA Holdings International Ltd, the majority shareholder of paint manufacturer Hua Joo Seng Enterprises Bhd (HJSE), has made an unconditional voluntary offer for the rest of HJSE's shares with the intention of taking the company private.

Other Sport

Sultan of Selangor’s Cup still short of RM140,000

Selangor MPPJ need RM600,000 to organise the Sultan of Selangor's Cup football competition.

Business

Stockwatch

Danny Yap writes on Dialog Group, TSH Resources, Eng Teknologi, Ire-Tex Corp and KPS.

Business

News in brief

News briefs on MBM Resources, Kumpulan Perangsang and SBC Corp.

Business

News in brief

News in brief on Sri Hartamas, Wood Culture, Kumpulan Perangsang and Sri Berhad.

Business

Darul Ehsan poised to be serious utilities player after RM1.5b merger

KUMPULAN Darul Ehsan Bhd (KDEB) is poised to become a serious player in the utilities, infrastructure and property business with the completion of its RM1.5bil merger and rationalisation exercise, which resulted in the listing of subsidiaries Kumpulan Perangsang Selangor Bhd (KPS) and Kumpulan Hartanah Selangor Bhd (KHSB).