SHAH ALAM: Selangor Menteri Besar Mohamed Azmin Ali has written a letter to Deputy Prime Minister Muhyiddin Yassin saying that issues concerning the restructuring of the state’s water industry can be resolved immediately. Azmin said the restructuring process was now in the final stage and that he hoped that it could be finalised before Aidilfitri. “Yesterday, I managed to meet the DPM, who is also the chairman of the special cabinet committee on Selangor Water Issues, and discussed several issues concerning the restructuring of the water industry and I’m happy that the issues were resolved. “Today, I have written a letter to the DPM as a follow up to ensure one or two other issues can also be resolved immediately because I really hope that the restructuring process can be finalised before Hari Raya,” he told reporters here today.
Energy, Green Technology and Water Deputy Minister Datuk Seri Mahdzir Khalid says the Selangor water restructuring exercise may be finalised after the Aidilfitri celebrations. – The Malaysian Insider file pic, July 4, 2015. Energy, Green Technology and Water Deputy Minister Datuk Seri Mahdzir Khalid says the Selangor water restructuring exercise may be finalised after the Aidilfitri celebrations. – The Malaysian Insider file pic, July 4, 2015. Energy, Green Technology and Water Deputy Minister Datuk Seri Mahdzir Khalid said the Selangor water restructuring agreement could be finalised before Aidilfitri.
"Only one more matter needs to be resolved," he told reporters without elaborating.
He said the ministry's officers met with state officers last week over the matter.
"We have been waiting for two years for the Selangor government's decision. When the deal is done, the Langat 2 water treatment plant project would proceed," he said after presenting aid in conjunction with Ramadan in Kuala Nerang, Kedah, today.
Mahdzir hoped that there would not be any rationing exercise during Aidilfitri.
"We hope there won't be any rationing although it is up to the Selangor government," he said. – Bernama, July 4, 2015.
Trouble or no trouble, main issue ponds r drying wt present kind of weather! The present monkey game going on to deceive shareholders so dont get cheated. The dirty politicians playing dirty game to chase panic sellers. Easily 1.50 n warrant 60ct. Just accumulate... my2c.
With Langat2 and 60bil Pengerang Project going on streaming, Engtex will enjoy good income stream in coming years. Good reviews is a foregone conclusion
This is a profitable compony for now n future so punters r opportunist going to play up n down n back home in n out, these fellows will be enjoying so b careful!
Market out there have other pipe supplier competitor so for all the water concession project not all contractor will buy from Engtex. Usually contractor will source for the cheapest available in the market. So its hard to make good profit margin in the piping material due to fierce competition.
Anyway they sell not only piping , and also the valves , strainers & fitting for water concession project . I believe the business connection is above .
yapie. You are correct but political and biz connection is equally important. I think the Pie is big enough. You forgot water Pipe replacement in Selangor and KL which estimate around 10 billion ( to be completed in 10 years )
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Ring
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Posted by Ring > 2015-07-02 20:54 | Report Abuse
http://www.freemalaysiatoday.com/category/nation/2015/07/02/azmin-water-restructuring-issues-can-be-solved-before-raya/