Water concessionaire Puncak Niaga Holdings Bhd has sent a letter to the Selangor government seeking clarification on certain aspects of the offer made by the state, for its assets.
"We haven't finalised anything yet. Only after the clarifications are made can we decide on whether to sell or not.
"We have a few things to clarify, only then can we decide... It's still early," Puncak’s executive chairperson and controlling shareholder Rozali Ismail told KiniBiz.
Puncak wholly owns Puncak Niaga (M) Sdn Bhd (PNSB), a water treatment company, and has 70 per cent of water distributor Syarikat Bekalan Air Selangor Sdn Bhd (Syabas).
Go to KiniBiz for more.