Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH) had accepted the revised offer from the Selangor Government for its water-related assets and operations. Kumpulan Perangsang Selangor Bhd, which owns 30% of SPLASH said that SPLASH was accepting the offer subject to several conditions.
The two companies would remain as the operations and maintenance (O&M) operators of Sungai Selangor Water Supply Scheme Phase 1 (SSP1) and Sungai Selangor Water Supply Scheme Phase 3 (SSP3) respectively upon the same terms and conditions as those signed between SPLASH and the operators in January 2000.
The offer price of RM2.97 billion was an estimate and would be finalised or adjusted upon completion of a due diligence exercise by the state government.
Scan 03 Apr 2025
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Symbol TypeDateClose PriceVolume13 Day RSI
INSAS.KL Overbought 2025-04-03 0.92 645500 70.49
MSC Overbought 2025-04-03 2.68 1076700 77.6
MULPHA Overbought 20...
5 hours ago
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