I refer to Charles Santiago's Water privatisation clearly against the flow .

I also like to hail your comments that are solidly evident and I must say you are very well researched. Your reply to Eric See To's comments is truthful enough for the public to know of all unpleasant events that has and still on going in Syabas.

But I would like to appeal to your quote as saying JBAS was efficient because it should be referred to Puas. Puas was a success. If Puas were granted a soft loan from the state government of only RM250 million appeal by the then CEO Mohd Sinon to bridge a financing that was planned to be raised through public offer, Puas would have been a blue chip today in the Main Board. At that time Puas revenue surges to a tip top RM1.2 billion a year. Losses incurred mainly at the product cost, water purchase from the three concessionaires.

Lawyers were hired. Fund managers were called. Each clause in every concession agreement between JBAS and Puncak Niaga, ABASS and Splash were carefully studied. Under the leadership of the then dynamic CEO Mohd Sinon (former director of Majlis Tindakan Ekonomi Selangor [MTES] and a representative in United Nations for Malaysia). He found a way out for

Puas. News travel fast, employees in Puas were excited and applaud to what is about to be presented to the mentri besar.

Puas prepared to request for a soft loan, and to re negotiate the BSR with all three concessionaires (legitimate and with rights under the agreement). But the RM 250 million loan is critical. Proceed to IPO by 2005. The next step is to cut the BSR by 5 to 15 percent. Tariff increase in 2005 by 5 percent, and subsequently another 5 percent by 2006. By the end of 2006, Puas is expected fetch turnover of RM1.4 billion.

But the government couldn't be bothered. Why? Politics!

Why does Lim Keng Yaik says "Over my dead body" one day, but signed the approval for Syabas privatisation the next? Is it really the old man who had always taken this as one of his regular jokes? Or is it what he always called himself, "a tiger without teeth"?

So Eric, if the list that Santiago ask you to clarify as a shareholder is too long, let me suggest you some questions to raise to Puncak.

1) Why does Syabas insist to purchase products from a trader and not directly from the manufacturer since Selangor is the highest consumer of all trades in water?

2) And why is Syabas proposing to use water meters not approved by Sirim (Made in China), and does that guarantees accuracy in water flow?

3) Does Syabas have the right to decide what to use and conduct approval of products used in Selangor? Isn't that falls under the JKAS according to the concession agreement?