Azmin: Splash takeover de­ci­sion de­layed 6 months

New Straits Times - - News -

SHAH ALAM: The dead­line to con­clude the takeover of Syarikat Pen­geluar Air Se­lan­gor Sdn Ber­had (Splash), which was set for next month, has been ex­tended by six months, said Menteri Be­sar Datuk Seri Azmin Ali yes­ter­day.

Azmin (PKR-Bukit An­tara­bangsa) told the Se­lan­gor state leg­isla­tive assem­bly this was be­cause the Fed­eral Gov­ern­ment was wait­ing for the re­sults of the val­u­a­tion of Splash by an in­ter­na­tional in­de­pen­dent val­uer.

“In the lat­est devel­op­ment, the En­ergy, Green Tech­nol­ogy and Water Min­istry, in a let­ter dated March 14, in­structed that all par­ties must ex­tend the es­ti­ma­tion of fig­ures in­volved in the mas­ter agree­ment of the water in­dus­try re­struc­tur­ing ex­er­cise to six months, which is un­til Oct 5.

“It is clear the de­lay in the tak­ing over of Splash is not the fault of the state gov­ern­ment.

“Rather, the ex­ten­sion re­quest came from the Fed­eral Gov­ern­ment it­self so that the cab­i­net can seek the views of an in­ter­na­tional in­de­pen­dent val­uer.

“Un­til to­day, the state gov­ern­ment has not been of­fi­cially in­formed in writ­ing of the stance of the Fed­eral Gov­ern­ment on the re­sults of the in­ter­na­tional in­de­pen­dent val­uer.”

Azmin was re­ply­ing to a ques­tion by R. Ra­jiv (DAP-Bukit Gas­ing), who asked about the sta­tus of the Splash takeover.

Azmin said the min­istry’s March 6 sug­ges­tion for the state gov­ern­ment to bear part of the cost to take over Splash was re­jected.

He said the min­istry would bear 60 per cent of the cost, while the state gov­ern­ment paid the rest.

“We strongly ob­jected be­cause the min­istry’s de­ci­sion on the ra­tio is pre­ma­ture as we have yet to re­ceive an of­fi­cial stance from the Fed­eral Gov­ern­ment.

“We replied to the min­istry on March 17, stat­ing that we do not agree with the 60:40 sug­ges­tion.

“I have also in­formed Min­is­ter Datuk Seri Dr Max­imus Ongk­ili in a meet­ing on Sept 27 last year.

“The takeover of Pun­cak Ni­aga Sdn Bhd, Syarikat Bekalan Air Se­lan­gor Sdn Bhd and Kon­sor­tium Ab­bas Sdn Bhd was 100 per cent paid by Pen­gu­ru­san Aset Air Sdn Bhd. So why is there a dif­fer­ent method for Splash?

“I told the min­is­ter that the same method must be used for the Splash takeover.”

Speak­ing at the an­nexe build­ing later, Azmin said the state gov­ern­ment, which also en­gaged an in­de­pen­dent val­uer to study the cost of the Splash takeover, had sub­mit­ted the re­port to the min­istry in June last year.

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