Posted by OngOngLai > 2016-08-11 15:38 | Report Abuse

what happen

Posted by AlphaBetaGamma > 2016-08-11 15:39 | Report Abuse

Huh? Counter suspended?

Posted by antidebt > 2016-08-11 15:45 | Report Abuse

kps taken private ????

Posted by Roger123 > 2016-08-11 16:00 | Report Abuse

Hahaha, Prepare to announce something very important

Posted by Roger123 > 2016-08-11 16:00 | Report Abuse

Not taken private

Posted by Roger123 > 2016-08-11 16:02 | Report Abuse

Good luck

Posted by Roger123 > 2016-08-11 16:02 | Report Abuse

:)))

Posted by Chelsea > 2016-08-11 16:03 | Report Abuse

Take over other company

Posted by Roger123 > 2016-08-11 16:11 | Report Abuse

Will announce after 5 today

Posted by antidebt > 2016-08-11 16:11 | Report Abuse

no wonder the share price and volume going up this few days. Insider may be buying for the news announcement.

Posted by Roger123 > 2016-08-11 16:11 | Report Abuse

I trust azimin but not Kali...

Posted by Roger123 > 2016-08-11 16:13 | Report Abuse

Yes

Posted by Wiwangwang > 2016-08-11 16:32 | Report Abuse

Maybe is acquire new business ? McDonald ?

Posted by antidebt > 2016-08-11 16:46 | Report Abuse

maybe buy kian joo stake as director of kian joo is the shareholder of king koil.
since epf already aborted the takeover of kian joo last time.

Posted by firehawk > 2016-08-11 16:50 | Report Abuse

kj not likely ... bcos kj price no rise ...

Posted by upsidedown119 > 2016-08-11 17:00 | Report Abuse

Maybe all Selangor's water assets vested in KPS?!

Posted by hng33 > 2016-08-11 17:04 | Report Abuse

Unlike involve splash as Gamuda no should suspend. I think it should either acquire new business or take over by state gov

Posted by upsidedown119 > 2016-08-11 17:14 | Report Abuse

SPLASH's no go for Gamuda. See my write up in Gamuda-WE forum. Selangor does not need SPLASH like it needed PUNCAK's pipe system for water distribution. At RM250 M, Selangor can get ultra-modern water-treatment plant especially from the Chinese. Selangor also has enough money for upgrading the entire colonial-era pipe system, especially with Chinese technology. Azmin tried to set up new holding company for Selangor's assets with him as head honcho but was shot down. That leaves him with only KPS - a very convenient vehicle for consolidating Selangor's assets, especially its water assets!

Posted by Roger123 > 2016-08-11 17:22 | Report Abuse

sMiLeeeeeeeeeeee

Posted by hng33 > 2016-08-11 17:22 | Report Abuse

Bear in mind splash supply almost half of entire selangor treated water now.

Posted by Roger123 > 2016-08-11 17:22 | Report Abuse

Hi, Mr singkalan

Posted by Roger123 > 2016-08-11 17:23 | Report Abuse

LAlalala

Posted by PenguinDad > 2016-08-11 17:25 | Report Abuse

Roger123, Why 1.80?

Posted by hng33 > 2016-08-11 17:25 | Report Abuse

Hahaha, clown roger get chase out from Puncak, now play trick in Kps.....pity clown

Posted by AlphaBetaGamma > 2016-08-11 17:26 | Report Abuse

upsidedown119: IMHO, there is a minimum take-up in the Splash concession agreement. So even though they can build another new water-treatment plant or use Langat2, they will still need to pay Splash for the minimum take-up amount monthly and also the past receivables. Going by this, I think it is cheaper to just buy-out Splash. Just my 2 cents...Politically, i have no opinion

Posted by hng33 > 2016-08-11 17:29 | Report Abuse

Kps have valuable assets, 30% in splash, 20% in sprint highway which alrdy turnaround making profit, and entitle GDV 15% or RM 200m from JV with SP setia to redevelop temples golf.

Posted by Roger123 > 2016-08-11 17:31 | Report Abuse

Hhahaha, Hng33, Dont con poeple again la. God of singkalan

Posted by Roger123 > 2016-08-11 17:33 | Report Abuse

Hng: let c first

Posted by hng33 > 2016-08-11 17:35 | Report Abuse

too bad, clown Roger123 still fail to learn from lesson from Puncak, backfire after backfire, force to get lost. Pity......clown

Posted by Chelsea > 2016-08-11 17:42 | Report Abuse

Kps take over cenbond

Posted by upsidedown119 > 2016-08-11 17:47 | Report Abuse

@AlphaBetaGamma. True. But Selangor's water need is growing exponentially. Therefore SPLASH can be restricted to just the minimum indefinitely! The delta goes to the new plant which could process water at much lower cost than the inflated rates paid to SPLASH! The receivables, like the capital costs are likely inflated! So politically Azmin cannot pay. Also the SPLASH's capital costs are more than recovered given the inflated rates! And would the FED pay more if forced takeover? Maybe, but the FED's coffers are tightly stretched now!

Posted by hng33 > 2016-08-11 17:49 | Report Abuse

Both Kps and cenbond also suspend, take over or just emerge as major shareholder possible also . If materialize, it should be earning accretive

Posted by Roger123 > 2016-08-11 17:49 | Report Abuse

Hmmm. Yes u r right. Hahaha

Posted by Roger123 > 2016-08-11 17:55 | Report Abuse

Roger123 Go back to ur kps, something big is coming
02/08/2016 09:22
Hng: Still remember? Wrote in puncak blog... Hahaha

Posted by hng33 > 2016-08-11 17:55 | Report Abuse

In accord to share of profit splash record in Kps result, splash delover annual profit about RM 250m...it just impossible to take over splash for RM 250m which still have 15 year concession right. The alternative is just allow splash to continue operate for remaining 15 year till expire, then, state can assume at zero cost.

Posted by upsidedown119 > 2016-08-11 17:57 | Report Abuse

hng33. SPLASH's MINIMUM uptake will be less than half of Selangor's water needs, maybe even 25% or less and % will reduce as Selangor's water needs grow. So if Azmin want his new plant, he can immediately restrict SPLASH's uptake to the minimum and make his new plant economically viable immediately. Also the lower rates at which he can process water with his new plant will enable him to lower the rates to the consumer - a major plus in the next election and his PM ambitions! He can also pressure SPLASH politically to reduce rates if he can prove that his new plant can process water at a far lower costs.

Posted by Roger123 > 2016-08-11 17:58 | Report Abuse

Hng: I stopped people from buying puncak before the special dividend? Was i doing wrongly? Bec I knew it will fall to Rm1. If u bought at 1.80, now the price is only 1.20...U r making a big loss like kahhoeng. Hahaha.

Posted by hng33 > 2016-08-11 18:03 | Report Abuse

Clown Roger123 still live under denial state.....go and check back in Puncak thread lolllll. I alrdy clearly posted sold after news of special dividend declared.....cited clearly sold on news and lock profit as only realize profit is real profit.

Posted by hng33 > 2016-08-11 18:08 | Report Abuse

Upsidedown119

Splash extract raw water from selangor own sungai and treat water to supply to almost half of entire selangor need. Treated water fees from upcoming treatment plant build at skyrocket cost and get raw water supply from pahang sungai will be at even higher cost.

Posted by Wiwangwang > 2016-08-11 18:08 | Report Abuse

Or maybe kps nadi biru get nrw contract from state government .

Posted by Roger123 > 2016-08-11 18:21 | Report Abuse

Hahaha..... U sure or not, asked people to sell puncak? Not u insisted puncak has 2.60++ cash and the cash will reflect at puncak share price???

Posted by Roger123 > 2016-08-11 18:21 | Report Abuse

100% confirm TAKE OVER.

Posted by Wiwangwang > 2016-08-11 18:30 | Report Abuse

On behalf of the Board of Directors of Perangsang Selangor ("Board"), CIMB Investment Bank Berhad wishes to announce that Perangsang Selangor and PPSB had, on 11 August 2016, entered into conditional share sale agreement with CBE and other vendors whereby PPSB agrees to acquire a total of 85,729,266 CBB Shares, representing approximately 71.44% equity interest in CBB, for a total cash consideration of RM150,026,215.50 or RM1.75 per CBB Share.

Further details on the Proposals are set out in the attachment below.

This announcement is dated 11 August 201

Posted by sheep > 2016-08-11 18:34 | Report Abuse

sell on news

Posted by hng33 > 2016-08-11 18:36 | Report Abuse

Good, well done Kps, at least now, acquire earning proof listed company, earning accretive :D)

Posted by upsidedown119 > 2016-08-11 18:42 | Report Abuse

hng33. 'well down' or 'well done'?! There is a world of difference.

Posted by antidebt > 2016-08-11 18:43 | Report Abuse

those who sell on news, you will regret later as many people like arvin waiting to buy cheap but until neck long also cannot reach 90 cents.

Posted by upsidedown119 > 2016-08-11 19:00 | Report Abuse

hng33. Azmin's possible new plant can also extract water from Sungei Selangor or other rivers like Bernam!

Posted by Roger123 > 2016-08-11 19:24 | Report Abuse

Azimin will make kps as money machine.....to generate more and more money to selangor

Posted by Roger123 > 2016-08-11 19:24 | Report Abuse

The show hasn't ended, will continue to make u shocked. Hahaha