Ongkili recently said the Selangor government had agreed to provide the Federal Government access to the land covering 26,000km of pipelines......@Ring....MB says federal govt must pay for d land covering d pipeline n other technicaliteis hv to be iorned.
SHAH ALAM: Selangor Mentri Besar Azmin Ali has been urged to clarify the status of the plan to take over Syarikat Pengeluaran Air Selangor Sdn Bhd (SPLASH), which has yet to be finalised.
KLANG: Selangor menteri besar Mohamed Azmin Ali will meet energy minister Maximus Ongkili next week to resume negotiations on restructuring Selangor’s water supply industry. Azmin said state government officers headed by the state secretary had held discussions on the matter two weeks ago. “The state government really wants this and we welcome the federal government’s intention to continue the negotiation, provided that it must comply with the terms and conditions of the original agreement,” he told a press conference here today.
90cts forget about it. Directors r already collecting.Engtex pays regular dividend n cash rich n stands a very good chance of of a bigger chunk of pipe contract.Monday Klci expected to hit 1850 n warrants in general going to breakout so u may try d warrant is cheap 40cts!
If get d contract will move very fast, it is cash rich n pays regular dividend. Langat2 is a huge project what portion of d pipework Engtex gets nobody is sure if everything goes well 2 not a problem......my2c
PETALING JAYA: Puncak Niaga Holdings Bhd (PNHB) and Pengurusan Air Selangor Sdn Bhd (Air Selangor) have mutually agreed to a fourth extension, until May 11, to fulfill the conditions precedent for the sale of PNHB's water concession business to the latter.
The agreement, signed in November last year, was to to dispose of PNHB's 100% equity interest in Puncak Niaga (M) Sdn Bhd and 70% stake in Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) to the Selangor government entity for RM1.55bil in cash.
PNHB, which made the announcement on the latest extension to Bursa Malaysia on Thursday, had met all conditions precedent that it was supposed to fulfill.
In announcing the third extension last month, it had expressed its board’s concern over the delay in the proposed disposals and the consolidation/restructuring of the Selangor water industry. The board had felt it might affect the level of services and management of the water supply system in the state, Kuala Lumpur and Putrajaya.
On March 30, Sultan of Selangor Sultan Sharafuddin Idris Shah urged the Federal and Selangor governments to conclude the water deal as soon as possible in accordance with the spirit of the master agreement.
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ring
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Posted by Ring > 2015-03-30 17:30 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1916781