KUALA LUMPUR: Water related counters advanced in early trade on Friday, Jan 7 after the Selangor state government has made a fresh offer of more than RM9 billion to take over the four water concessionaires in the state.
At 9.03am, pipe-maker JAKS Resources rose 3.5 sen to 79 sen while Selangor-government controlled KHSB added four sen to 48 sen.
Puncak was among the gainers, rising 28 sen to RM2.70 while KPS added 10 sen to RM1.48.
However, the FBM KLCI fell 1.6 points to 1,566.77 on mild profit taking after four straight days of gains. Turnover was 62.5 million shares valued at RM56.68 million.
The Selangor water concessionaires including Puncak Niaga and Gamuda would see trading interest after the Selangor state government has made a fresh offer of more than RM9 billion to take over the four water concessionaires in the state.
At 9.03am, pipe-maker JAKS Resources rose 3.5 sen to 79 sen while Selangor-government controlled KHSB added four sen to 48 sen.
Puncak was among the gainers, rising 28 sen to RM2.70 while KPS added 10 sen to RM1.48.
However, the FBM KLCI fell 1.6 points to 1,566.77 on mild profit taking after four straight days of gains. Turnover was 62.5 million shares valued at RM56.68 million.
The Selangor water concessionaires including Puncak Niaga and Gamuda would see trading interest after the Selangor state government has made a fresh offer of more than RM9 billion to take over the four water concessionaires in the state.
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