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Wednesday, January 26, 2011

Puncak Niaga & Syabas Say Selangor State Government Offer Has Many Ambiguities

KUALA LUMPUR, Jan 26 (Bernama) -- Puncak Niaga (M) Sdn Bhd (Puncak Niaga) and Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) say they would not be able to make a decision on the offer made by the Selangor state government to take over the two companies.

There are numerous ambiguities on the offer made by the Selangor State Government to take over the companies, a statement issued today by the parent company of Puncak Niaga and Syabas, Puncak Niaga Holdings Bhd (PNHB) said.

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