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.