KPS signs water treatment plant deals totalling RM53mil

PETALING JAYA: Kumpulan Perangsang Selangor Bhd (KPS) has entered into two separate framework agreements with Pengurusan Air Selangor Sdn Bhd to supply and deliver chemicals to water treatment plants totalling RM53.05mil.

In a filing with Bursa Malaysia, KPS said the first contract involves the supply and delivery of chemicals to water treatment plants (Group B – pH adjusters) for a period of three years from Jan 1, 2026 to Dec 31, 2028.

The second contract involves the supply and delivery of chemicals to water treatment plants (Group D – polyelectrolytes – water soluble polymers) for a period of three years from Jan 1, 2026 to Dec 31, 2028.

KPS said the parties may renew the framework agreements for a further term to be mutually agreed upon by giving not less than one month's written notice prior to the expiry date.

“Thereafter, the parties shall, as soon as reasonably practicable, negotiate and mutually agree in writing on the terms and conditions of such renewal.”