Khalid: Selangor to announce water concession takeover offer in 2 weeks


SHAH ALAM, Aug 29 The Selangor state supervision will make known a latest suggest to buy all 4 H2O concession companies in a state in dual weeks' time pronounced Mentri Besar Tan Sri Khalid Ibrahim.
Khalid, who did not reveal a suggest amount, pronounced a takeover was done based upon a reasonable market price.
"The takeover was needed to exercise a restructuring plan for a H2O supply attention in Selangor," he told reporters after chairing a weekly Exco meeting at a State Secretariat Building here today.
The 4 H2O concession companies in Selangor have been Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), Puncak Niaga Sdn Bhd (PNSB), Syarikat Pengeluaran Air Sungai Selangor Sdn Bhd (Splash) as well as Konsortium ABASS.
The state supervision had prior to this offered more than RM9 billion to take over all assets as well as liabilities of a companies, including their bonds.
On a emanate of funding for a initial 20 cubic metres of free water, that was not enjoyed by a large portion of Selangor residents using bulk meters, Khalid(picture)said Syabas should finalise a make a difference by changing bulk meters to individual meters.
On Parti Keadilan Rakyat's (PKR) manifesto, that betrothed free domestic expenditure H2O supply to every Selangor resident but did not state whether bulk as well as personal meters would be used, Abdul Khalid said: "It is a manifesto as well as not a promise."
The mentri besar pronounced he had no objections if Selangor residents, who did not suffer a free H2O subsidy, longed for to go to court with their claim.
In another development, Khalid pronounced Selangor would consider introducing anti-hopping laws in a state similar to Penang if a coalition's leaders concluded to them. Bernama
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