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.
FBM KLCI - rebounded to close higher on bargain-hunting ahead of BNM rate
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Stocks on Bursa Malaysia ended mixed Wednesday, September 2, 2026, with the
benchmark FBMKLCI rebounded to close higher on bargain hunting following
the ...
6 hours ago

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