Reduction for SPLASH’s BSR a negative surprise

Water treatment and services sector Maintain neutral: The Selangor state government’s special purpose vehicle Pengurusan Air Selangor Sdn Bhd issued a statement last Friday to refute former Selangor menteri besar Tan Sri Abdul Khalid Ibrahim’s allegation that the current state government is giving “special treatment” to water treatment operator Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH) for the purchase price of the water concession.

READ MORE

Gamuda, KPS accept takeover offer for SPLASH

KUALA LUMPUR (Aug 10): Gamuda Bhd and Kumpulan Perangsang Selangor Bhd (KPS) announced yesterday that they have resolved to accept the state government’s offer for Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH), confirming a report by The Edge Financial Daily published on Monday.

READ MORE

Gamuda to lose O&M contract with SPLASH, says Xavier

KUALA LUMPUR (Aug 9): Gamuda Bhd's 80%-owned unit Gamuda Water Sdn Bhd would not continue to be the operation and maintenance (O&M) contractor for the SSP3 Water Treatment Plant, according to Minister of Water, Land and Natural Resources Dr Xavier Jayakumar.

READ MORE