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The takeover of water facilities and operations from peninsula states by the Federal Government is #8220;straight forward#8221; and should be completed by the end of the year.
THE Selangor Government's investment arm Kumpulan Darul Ehsan Bhd (KDEB) is expected to consolidate its water and water-related operations, following the completion of the privatisation of water supply operations in the state.
Salcon Yunnan (HK) Pte Ltd, a wholly-owned subsidiary of Salcon Bhd, via its joint-venture company Chenggong Salcon Water Co Ltd, has taken over the management and operations of the water supply system in Chenggong county, which is also known as Modern New Kunming in Yunnan province, China.
PETALING JAYA: Bio Osmo Bhd will exit its loss-making bottled drinking water business following the disposal of its wholly owned subsidiary Amshore Holdings Sdn Bhd for RM2.5mil.
JOHOR BARU: Ranhill SAJ Sdn Bhd, which is a subsidiary of Ranhill Utilities Bhd, is allocating about RM2bil in capital expenditure (capex) for five years beginning since 2018, to improve its water operations in Johor.
KUALA LUMPUR: CIMB Equities Research says Taliworks’ annualised 1H16 core net profit made up 60% to 62% of its and consensus full-year numbers.