KUALA LUMPUR, Nov 10 — Puncak Niaga Holdings Bhd subsidiary, Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), is suing the Selangor Government for compensation under a tripartite concession agreement signed in 2004.
An originating summons together with an affidavit-in-support was filed at the Kuala Lumpur High Court for RM471,642,916.00 being compensation due under the terms of the agreement inked between Syabas, the federal government and the state government on December 15, 2004, said Syabas in a filing to Bursa Malaysia today. — Bernama
An originating summons together with an affidavit-in-support was filed at the Kuala Lumpur High Court for RM471,642,916.00 being compensation due under the terms of the agreement inked between Syabas, the federal government and the state government on December 15, 2004, said Syabas in a filing to Bursa Malaysia today. — Bernama
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