RM1.9 billion for Splash takeover? I did not mention any amount, says Minister
- 6 years ago
Water, Land and Natural Resources Minister Xavier Jayakumar has denied a report alleging that a deal had been struck between the federal government and private water supply concessionaire Syarikat Pengeluar Air Selangor Holdings (Splash) for RM1.9 billion.
He said negotiations are ongoing as he had given them a deadline and they must complete the transfer by the 10th of August but he did not mention any amount or quantum.
Singapore Strait's Times had reported that the joint-funding deal was struck last week and could see the federal government fork out close to RM2 billion, while the state government less than half that.
He said negotiations are ongoing as he had given them a deadline and they must complete the transfer by the 10th of August but he did not mention any amount or quantum.
Singapore Strait's Times had reported that the joint-funding deal was struck last week and could see the federal government fork out close to RM2 billion, while the state government less than half that.