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BURSA ANNOUNCEMENTS

Date : 28 May 2019

OTHERS TALIWORKS CORPORATION BERHAD ("TALIWORKS" OR "THE COMPANY") - EXECUTION OF AGREEMENTS BY THE COMPANY'S WHOLLYOWNED SUBSIDIARY, SUNGAI HARMONI SDN BHD ("SUNGAI HARMONI") IN RESPECT OF THE OFFER FROM PENGURUSAN AIR SELANGOR SDN BHD ("AIR SELANGOR") IN RELATION TO THE OPERATION AND MAINTENANCE OF THE SUNGAI SELANGOR WATER TREATMENT WORKS PHASE 1 ("SSP1")

TALIWORKS CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
TALIWORKS CORPORATION BERHAD ("TALIWORKS" OR "THE COMPANY") - EXECUTION OF AGREEMENTS BY THE COMPANY'S WHOLLYOWNED SUBSIDIARY, SUNGAI HARMONI SDN BHD ("SUNGAI HARMONI") IN RESPECT OF THE OFFER FROM PENGURUSAN AIR SELANGOR SDN BHD ("AIR SELANGOR") IN RELATION TO THE OPERATION AND MAINTENANCE OF THE SUNGAI SELANGOR WATER TREATMENT WORKS PHASE 1 ("SSP1")

Reference is made to the announcements made by Taliworks on 21 August 2018, 27 August 2018  and 24 May 2019 ("Announcements"). Unless otherwise defined, the terms used herein shall have the same meaning as those defined in the Announcements.

 

The Board of Directors of Taliworks wishes to provide the following additional information:

 

i) Section 2.2.1

 

The effective date of the BWSA will be the Commencement Date which is the date as notified by Air Selangor to Sungai Harmoni when Air Selangor will commence the operations of water supply and distribution services in the State of Selangor and the Federal Territories of Kuala Lumpur and Putrajaya, which shall be a date no later than 6 months from the TSA Unconditional Date, or such other date as the Parties may mutually agree in writing.

 

ii) Section 2.3.1

 

The charges/fee payable by Sungai Harmoni for the abstraction of water will be a license fee of RM200 for each SSP1 Raw Water License issued and a registration fee of RM150.

 

This announcement is dated 28 May 2019.






Announcement Info

Company Name TALIWORKS CORPORATION BERHAD
Stock Name TALIWRK
Date Announced 28 May 2019
Category General Announcement for PLC
Reference Number GA1-28052019-00128



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