When will the purchase price for treated water be revealed?

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The purchase price for treated water will be revealed after the agreement is formally signed and Bursa Malaysia has been informed.

The specific details regarding the purchase price for treated water will be disclosed only after the formal signing of the agreement and subsequent notification to Bursa Malaysia. This disclosure requirement stems from the fact that PBA Holdings Bhd, the parent company of the Penang Water Supply Corporation (PBAPP), is a listed entity. Consequently, any significant business development must first be announced to Bursa Malaysia before further public dissemination.
Agreement Details Subject to Bursa Malaysia Notification

Further information concerning the treated water agreement with Perak will be made public only after it has been officially communicated to Bursa Malaysia. This procedural step is mandated because PBA Holdings Bhd, the holding company for PBAPP, is a listed company bound by Bursa Malaysia's disclosure regulations. Any material development pertinent to the company's operations requires an initial announcement to the stock exchange.
Delayed Signing and Finalisation of Details

The signing of the treated water supply agreement between Perak Water Board and PBAPP, originally slated for July 10, was postponed at Penang's request. This postponement was to allow for the finalisation of several outstanding details within the arrangement. The agreement itself is structured as a commercial arrangement involving the Perak Water Board, a subsidiary of Khazanah Air Perak (KAP), and PBAPP.
Unspecified Timeline for Announcement

While an announcement regarding the agreement is expected "very soon," as stated by Chief Minister Chow Kon Yeow, a precise date for the signing of the agreement or the subsequent public disclosure of the purchase price has not been provided. The Chief Minister indicated that an announcement would be made shortly, urging patience for the official notification.

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When will the purchase price for treated water be revealed?

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