CM: Acquire Syabas, Puncak Niaga effective October

SHAH ALAM, 8 Sept: Pengurusan Air Selangor Sdn Bhd (Air Selangor) will emerge as a new company that provides water services to Selangor, Kuala Lumpur and Putrajaya starting March 2016.

This was announced by the Chief Minister, Mohamed Azmin Ali, after Air Selangor managed to successfully acquire Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) and Puncak Niaga Sdn Bhd (PNSB).

8

“Starting October 1st, Air Selangor is expected to acquire Syabas and PNSB, however they will both continue to provide water services to consumers.

“All efforts will be focused on improving water treatment services, distribution system, reduction of non-revenue water (NRW) and continuous and adequate water supply to consumers,” he said.

He said this during a press conference after the Air Selangor Services Industry Structuring Signing Ceremony between Aset Air Berhad (PAAB) and Air Selangor at the Shah Alam Convention Centre (SACC).

The state and federal government managed to finalise four agreements involving Facility Agreement, Lease, Solutions and Rights between PAAB and Air Selangor for 45 years under the Leases and Rights of Use Agreement, thereby meeting the 60-day deadline from the signing date of the supplementary agreement on July 10.

Also present was the Minister of Energy, Green Technology and Water (KeTTHA), Datuk Seri Dr Maxiums Ongkili and the Chairman of PAAB, Datuk Seri Tajol Rosli Ghazali.

Maxiums said that Air Selangor has been awarded the Individual License (Facility) and Individual Licence (Service) under the Water Services Industry Act 2006 (WSIA) which allows the entity to own water assets in addition to controlling services in Selangor, Kuala Lumpur and Putrajaya.

“However, the license shall come into effect on February 22, 2016, to enable all agreement features to be carried out.

“Air Selangor and PAAB are given five months to perfect all agreements, including amending the Syabas Concession Agreement and terminating the concession agreement accosiated with PNSB and Abass,” he said.

NS

Leave a Reply

Your email address will not be published.

Categories
SELANGOR

CM: Acquire Syabas, Puncak Niaga effective October

SHAH ALAM, 8 Sept: Pengurusan Air Selangor Sdn Bhd (Air Selangor) will emerge as a new company that provides water services to Selangor, Kuala Lumpur and Putrajaya starting March 2016.

This was announced by the Chief Minister, Mohamed Azmin Ali, after Air Selangor managed to successfully acquire Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) and Puncak Niaga Sdn Bhd (PNSB).

8

“Starting October 1st, Air Selangor is expected to acquire Syabas and PNSB, however they will both continue to provide water services to consumers.

“All efforts will be focused on improving water treatment services, distribution system, reduction of non-revenue water (NRW) and continuous and adequate water supply to consumers,” he said.

He said this during a press conference after the Air Selangor Services Industry Structuring Signing Ceremony between Aset Air Berhad (PAAB) and Air Selangor at the Shah Alam Convention Centre (SACC).

The state and federal government managed to finalise four agreements involving Facility Agreement, Lease, Solutions and Rights between PAAB and Air Selangor for 45 years under the Leases and Rights of Use Agreement, thereby meeting the 60-day deadline from the signing date of the supplementary agreement on July 10.

Also present was the Minister of Energy, Green Technology and Water (KeTTHA), Datuk Seri Dr Maxiums Ongkili and the Chairman of PAAB, Datuk Seri Tajol Rosli Ghazali.

Maxiums said that Air Selangor has been awarded the Individual License (Facility) and Individual Licence (Service) under the Water Services Industry Act 2006 (WSIA) which allows the entity to own water assets in addition to controlling services in Selangor, Kuala Lumpur and Putrajaya.

“However, the license shall come into effect on February 22, 2016, to enable all agreement features to be carried out.

“Air Selangor and PAAB are given five months to perfect all agreements, including amending the Syabas Concession Agreement and terminating the concession agreement accosiated with PNSB and Abass,” he said.

NS

Leave a Reply

Your email address will not be published.