Puncak Niaga threatens to rescind deal with Selangor
Puncak Niaga Holdings Bhd (PNHB) has threatened to pull out of a deal with state owned Pengurusan Air Selangor Sdn Bhd after the latter missed its fifth deadline to fulfil its contractual obligations.
In a press release last night, PNHB executive chairperson and managing director Rozali Ismail said there is now a sixth and final extension, with the new deadline falling immediately after the month of Ramadan in mid-July.
For the rest of this story and more, subscribe for only RM150 a year. If you're already a subscriber, please sign in.
Sign in Subscribe now