Market talk was that the consolidation between the two players (KPS & Puncak Niaga) could be concluded by year-end. Kumpulan Darul Ehsan Bhd (KDEB), the investment arm of the Selangor state government, has 60% equity in KPS.
As part of a consolidation exercise, KDEB has been looking to either buy over Puncak Niaga or its assets, (70% unit Syarikat Bekalan Air Selangor Sdn Bhd or Syabas) and 82.5% subsidiary Puncak Niaga Holdings (M) Sdn Bhd), and has had meetings with Rozali towards this end, with no real outcome.
PKR & DAP Weekend Drama – Pretending To Decide Whether To Quit Or Stay
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Perak DAP has unanimously decided to remain in the unity government led by
Prime Minister Anwar Ibrahim. That’s not surprising considering that the
chief...
1 day ago
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