smartlyif puncak plunge tomorrow, then high chance it is..
hng33Puncak, syabas and Abbass water deal is confirm and accepted already. The only thing to don now is the secure shareholder approval to seal the deal.
With PKR man still assume new MB, it is likely now that splash will get higher valuation with new MB in view of splash chairman is PKR strong supporter. Splash deal will be confirm later, to complete entire water restructuring.
kahhoenghng33, I have some reservation on this. If Splash deal is improved, there is possibility that Puncak and others asking for better deals, given revised deal for Splash, causing the whole process be lengthened. Less risk unless the juiced up Splash deal is offered by the federal
hng33One of the main reason PKR wan to replace Khalid is to get better deal for splash and thats why splash deal need to postpone to second round until new MB assume.
hng33As a Puncak shareholder, we just need to wait for less than a month to get Puncak EGM circular and approve the deal in the EGM. The splash deal only know after the completion take over PUncak/Abbass/Syabas
smartlyany confirmed deal also can have otherwise. hope it has a smooth sailing deal.