Selangor requests 1-month extension to finalise water deal

Treatment plant management and water distribution to continue as usual regardless of management.

KUALA LUMPUR: The Selangor Government has requested for a one-month extension to April 9 to finalise the proposed take-over of the water concession from Puncak Niaga (M) Sdn Bhd (PNSB) and Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) by the state government.

PNSB and Syabas executive chairman Rozali Ismail said previously, the date was extended twice to February 9 and March 9, 2015, following the failure to fulfil conditions precedent in the conditional agreement signed last November.

The request would be discussed at the management level before consideration by the Puncak Niaga Holdings Bhd (PNHB) board of directors, he said in a statement read out by Syabas chief operating officer Datuk Lee Miang Koi here yesterday.

PNHB holds 100% stake in PNSB and 70% in Syabas.

However, Rozali said Syabas and PNSB would continue to manage the treatment plant and water distribution to consumers in Selangor, Kuala Lumpur and Putrajaya, regardless of who took over water management.

- BERNAMA