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Metro News

‘Make an offer for Splash takeover’

SELANGOR Mentri Besar Datuk Seri Mohamed Azmin Ali was urged to make a final offer for the Syarikat Pengeluar Air Selangor Sdn Bhd (Splash) takeover to end the matter once and for all.

Business

Gamuda core net profit for FY17 above forecast, says CIMB Research

KUALA LUMPUR: CIMB Equities Research says Gamuda’s core net profit for the financial year ended July 31, 2017 (FY7/17) was 3% above its forecast and 7% above consensus, due largely to stronger-than-expected construction billings and property sales.

Nation

Govt: Too soon to invoke Water Act in Splash takeover

PETALING JAYA: It is “premature” to invoke Section 114 of the Water Services Industry Act 2006 in the takeover of Syarikat Pengeluar Air Selangor Sdn Bhd (Splash), says the Government.

Business

Water catalysts could return in H2 of 2017 for Taliworks

KUALA LUMPUR: CIMB Equities Research says water catalysts could return in the second half of FY2017 for Taliworks if the RM500mil in water receivables is recoverable and if Air Selangor’s takeover of Syarikat Pengeluar Air Selangor (SPLASH) is resolved.

Nation

Complete takeover of SPLASH, minister tells Selangor govt

THE Opposition-led Selangor government should behave like ayam jantan (cockerel) and settle the Syarikat Pengeluar Air Selangor Sdn Bhd (Splash) takeover once and for all, said Datuk Seri Dr Maximus Ongkili.

Nation

Take the plunge and make offer for SPLASH, Selangor told

KUALA LUMPUR: The Opposition-led Selangor government should behave like a cockerel (ayam jantan) and settle the Syarikat Pengeluar Air Selangor Sdn Bhd (SPLASH) takeover once and for all, said Datuk Seri Dr Maximus Ongkili.

Community

Splash takeover delayed

THE takeover of water concessionaire Syarikat Pengeluar Air Selangor Sdn Bhd (Splash) by the Selangor government will not take place any time soon.

Business

Breakfast briefing: Friday, March 24 (Update)

Breakfast briefing: Friday, March 24

Business

Breakfast briefing: Thursday, March 16

Breakfast briefing: Thursday, March 16

Business

Robust earnings growth seen for Taliworks

PETALING JAYA: Taliworks Corp Bhd is expected to have an additional 49% growth to earnings before interest, taxes, depreciation and amortisation (EBITDA), assuming that proceeds from repayment by Syarikat Pengeluar Air Selangor Sdn Bhd (Splash) is used for upcoming merger and acquisition (M&A) deals, said Hong Leong Investment Bank (HLIB).