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Business Premium

Wan Azmi expanding his stock positions

WIDELY-KNOWN as one of “Daim’s boys” in the heydays of the 1980s through the 1990s, Tan Sri Wan Azmi Wan Hamzah (pic) is no stranger in Corporate Malaysia.

Business

Trading ideas: Bumi Armada, Gamuda, KPS, HeiTech Padu, Vizione

KUALA LUMPUR: Bumi Armada Bhd, Gamuda Bhd, Kumpulan Perangsang Selangor Bhd, HeiTech Padu Bhd and Vizione Holdings Bhd are among the stocks to watch on Thursday, according to JF Apex Research.

Business

KPS posts net loss of RM274.6mil

KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd (KPS) incurred a net loss of RM274.6mil in its third quarter ended Sept 30, 2018 (Q3 2018) compared with a net profit of RM12.9mil in the corresponding period last year, mainly due to share of loss from associates particularly Syarikat Pengeluar Air Selangor Sdn Bhd (Splash).

Corporate News

Air Selangors inks deal to acquire Splash

KUALA LUMPUR: Syarikat Pengeluar Air Selangor Holdings Bhd (Splash Holdings) today entered into a conditional agreement to sell water treatment concessionaire Syarikat Pengeluar Air Sungai Selangor Sdn Bhd to the Selangor government for RM2.55bil.

Business

Gamuda gets offer to facilitate water restructuring

PETALING JAYA: Gamuda Bhd has received a letter of offer yesterday from Pengurusan Air Selangor Sdn Bhd (Air Selangor) setting out the termination of the existing operations and maintenance agreement of the Sungai Selangor Water Treatment Plant Phase 3 (SSP3 OMA) between Gamuda Water and Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash).

Corporate News

Gamuda Water has until Aug 27 to accept Air Selangor offer to takeover Splash

KUALA LUMPUR: Gamuda Bhd on Tuesday said it has received a letter of offer from Air Selangor, the state owned company, to takeover Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash).

Nation

He means business

From a ‘shoot on sight’ policy to combat poaching, to a radical overhaul of water management, the new Water, Land and Natural Resources Minister is not holding back.

Nation

Najib slams Pakatan's double standards on ‘expensive projects’

PETALING JAYA: Datuk Seri Najib Tun Razak has criticised Pakatan Harapan for condemning the projects which he had started but allowed its own costly projects to continue, such as the Pan Island Link 1 (PIL 1) highway project and the take-over of Syarikat Pengeluar Air Selangor Sdn Bhd (SPLASH).