Splash denies water agreement with Khalid

comments     Khairul Khalid     Published     Updated

KINIBIZ Water concessionaire Syarikat Pengeluar Air Selangor (Splash) denies that it has reached an agreement with the Selangor government for water restructuring.

This seems to contradict Selangor Menteri Besar (MB) Abdul Khalid Ibrahim’s (left) statement yesterday that the state takeover of water assets (including Splash) is close to being finalised, the latest by by next week.

"There has been no new communication from the Selangor government," Wong Mun Keong, a director of The Sweetwater Alliance, told KiniBiz today.

Splash is 40 percent owned by Gamuda, 30 percent by Kumpulan Perangsang Selangor (a unit of KDEB – Kumpulan Darul Ehsan Bhd, owned by the Selangor government) and 30 percent by The Sweetwater Alliance, a company controlled by businessman Wan Azmi Wan Hamzah.

Wong’s denial is at odds with the Selangor MB’s announcement yesterday.

"The agreement is now at its final stage for signing. It will be signed either this weekend or next week," Khalid reportedly said after a state executive council meeting.

For the full story, please go to KiniBiz .



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