Posted by kancs3118 > 3 days ago | Report Abuse

PBA slowly coming down...hehehe...wait till it drops to below RM220...baru make a move 😀

Posted by kancs3118 > 3 days ago | Report Abuse

Slowly slow dropping ...

Posted by vespa > 3 days ago | Report Abuse

Ranhill & Puncak Niaga - Malaysia boleh policy

Posted by hng33 > 3 days ago | Report Abuse

PBAPP is prioritizing the completion of all 8 projects in its Water Supply Contingency Plan 2030 (WCP 2030) on time. As at September 2024, PBAPP has successfully completed 2 projects: the 10 MLD DAF module at Bukit Panchor and Package 12A of the Sungai Dua WTP. The 3rd, 4th and 5th WCP 2030 projects are the 13.0km x 1.8m pipeline in Seberang Perai, the 3.9km pipeline on Penang Island and the new EMD WTP respectively. PBAPP is keeping the WCP 2030 goal in sight and working to stay on schedule

All in, PBA is to invets as much RM 1.1 billion to complete above project by 2030 funded mainly by last year non domestic hike in 2023 and this year domestic water traffic hike in 2024 more upcoming hike when next 3 cycle reach on 2026 for non domestic and 2027 for domestic water traffic

Posted by hng33 > 3 days ago | Report Abuse

Punck niaga, gamuda and KPS already dispose their water treatment with handsome profit to Air Selangor

Posted by vespa > 3 days ago | Report Abuse

I stand corrected

Posted by hng33 > 3 days ago | Report Abuse

The total investment RM 1.1 billion to build new pipeline, built new water treatment plant, built new pipe connecting dam to water treatment plant are all will be capitalized as new assets to PBA without affect PBA profitability in quarter result. These is because new investment assets is capex which is new assets in reporting Q result. It is NOT opex, it is NOT opoerating expense cost that will offset profit

Posted by vespa > 3 days ago | Report Abuse

It is largely state owned. If value is to be created it had better pay good dividends.

Posted by hng33 > 3 days ago | Report Abuse

PBA already increasing dividend payment yearly from 1.75sen in 2019 to 3.5sen in 2023 when open share price trading below RM 1.00.

It is expected to double up dividend payment in line with improve profitability

Posted by vespa > 3 days ago | Report Abuse

Dividend yield
on average is about 3% while MGS is at 3.77%.. Hopefully PBA hikes it above the safe MGS

Posted by hng33 > 3 days ago | Report Abuse

PBA earning is NOT static as water demand in Penang is expect to increase from current 890MLD in 2024,
Projections from an independent water study completed in 2021 indicate that Penang’s water demand may be driven by socioeconomic factors to increase by 78.1% (672 MLD) and reach 1,532 MLD by 2030.

The more water sold, the higher profit generated

Posted by hng33 > 3 days ago | Report Abuse

KUALA LUMPUR: Singapore-based Equalbase yesterday held a groundbreaking ceremony for its RM220 million Valdor II multi-storey warehouse in Penang.

Equalbase specialises in the development and management of modern, sustainable industrial logistics assets

More and more industries set up in Penang, more non domestic water consumption ahead.

Upcoming budget will kivk start Penang LRT and Penang Perak water transfer mega project

Posted by Willtolive > 3 days ago | Report Abuse

some funds already left Bursa for HSI

Posted by hng33 > 2 days ago | Report Abuse

Penang launches incentives to attract chip design firms, engineers

KUALA LUMPUR (Sept 28): The Penang government on Saturday launched an incentive programme to attract chip design firms and engineers to the Bayan Lepas Industrial Park and designated surrounding area.

The ‘Penang Silicon Design @5km+’ zone will provide annual subsidies worth up to RM2 million over three years, according to a statement from Invest Penang. The incentives will be available to both local and foreign integrated circuit (IC) design firms based in Malaysia.

“As Penang continues to attract more strategic investors, there is a need to establish conducive facilities that can accommodate high-value activities in Penang,” said Penang Chief Minister Chow Kon Yeow.


Penang is home to some of the largest global electrical and electronics companies, including semiconductor giants Intel and Infineon Technologies, as well as major electronics manufacturers such as medical device maker B Braun and power tool company Bosch.

The state also already hosts 28 local and foreign companies related to IC design. To lure more investments, Penang had also previously launched the IC Design and Digital Park and Chip Design Academy, both in May.

Penang has committed RM60 million to propel the latest initiative forward, and the state government is asking for a matching grant of RM60 million from the federal government, Invest Penang said.

The incentives include up to full subsidies for rent, utilities, and parking at state-owned properties, as well as for the use of certain equipment and tools at shared incubation spaces and stakeholder facilities.

To ensure the success of the Penang Silicon Design @5km+, the initiative is governed by an executive council. An advisory panel, consisting of industry representatives, academia and government agencies, will advise and provide recommendations to the council.

By the end of 2024, Prime Minister Datuk Seri Anwar Ibrahim is expected to officiate state-owned GBS TechSpace, a 36,000 sq ft facility designed to accommodate up to eight IC design companies and at least 300 IC design engineers.

“At the very heart of our digital economy growth are the chips that power digital technologies,” underscoring the importance of the semiconductor and IC design industry, said Digital Minister Gobind Singh Deo. “We must take concrete steps to maintain our mark in this sphere

Posted by turbochart > 1 day ago | Report Abuse

Penang rich, PBA earn billion, Perak Miskin, pls sell high high water to Penang!!!

Posted by hng33 > 23 hours ago | Report Abuse

Yup, Penang rich, PBA shouldn't give subsidy to Penang domestic water anymore. Water traffic rate cannot be national second lowest anymore. It should earn mote profit in order to built more water treatment, built more dam to conserve rain raw water, replace old pipe to decrease 26% non revenue water

Posted by hng33 > 23 hours ago | Report Abuse

Penag Perak treated water transfer is wake up call for all Penang to face reality that treated water is expensive, water traffic need higher hike