Johor to ink deal with PAAB on takeover of water assets


COME Wednesday, Johor will sign an agreement with Pengurusan Aset Air Bhd (PAAB) to sell its water assets, said to be about RM4bil, as part of the National Water Services Industry Restructuring Initiative.

This will also be the first agreement involving a private concessionaire as the earlier two with Negri Sembilan and Malacca were with the state governments.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
   

Next In Business News

Decarbonising cement: Are we ready?
After a homeowner passes
A stinky nuisance: When septic tanks burst
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Sapura Energy ‘in a good place now’

Others Also Read