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 13 Jun 2025
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Symbol Type Date Close Price Volume 13 Day RSI
GLOTEC Overbought 2025-06-13 0.53 316700 77.2
HIBISCS Overbought 2025-06-13 1.66 21252800 72.21
JADEM Overbou...
2 days ago
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