Taliworks concludes talks with Air Selangor

TheStar Sat, May 25, 2019 09:15am - 4 years View Original


KUALA LUMPUR: Taliworks Corporation Bhd said its wholly-owned unit Sungai Harmoni Sdn Bhd has completed its negotiations with Pengurusan Air Selangor Sdn Bhd (Air Selangor) on the operations and maintenance of the Sungai Selangor Water Treatment Plant Works Phase 1 (SSP1).

In a filing with Bursa Malaysia yesterday, Taliworks said towards this end various agreements were executed by Sungai Harmoni and the relevant parties.

These include the termination and settlement agreement between Sungai Harmoni, Air Selangor and Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash) for the settlement of Sungai Harmoni’s outstanding receivables arising from its existing operations and maintenance of SSP1; bulk water supply agreement (BWSA) for the continued operations and maintenance of SSP1 and the supply of treated water between Sungai Harmoni and Air Selangor with the agreement period extended for another seven years.

And finally, the agreement between Air Selangor and Sungai Harmoni in respect of the licences for abstraction of water issued by Lembaga Urus Air Selangor.

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