http://forum.lowyat.net/ Mon, 15 Jun 2026 10:36:50 +0800 FeedCreator 1.7.2 http://forum.lowyat.net/topic/951593 I got a question that has been bugging me for a long time. Thought that this is the right forum as it is related to business.<br /><br />As you are aware, the Selangor gov is planning to take over a water asset as a part of a reorganisation to improve water services. Unfortunately the offering price by the Gov is being perceived as too low and unprofitable which ultimately rejected the owners. <br /><br />All along, i thought when the government needs an asset or property, it has the coercion power over the owners into an agreement by offering whenever price. So 2 questions;<br /><br />(1) How can the water front owners reject the offer when the properties or assets ultimately belong to the government?<br /><br />(2) And why is the government having such a hard times acquire these assets?<br /><br />Hope you can clear the air now with constructive explanation &#33; <br /><br />Thanks &#33;<br /><br /><br /><br /><br /> gary123 Finance, Business and Investment House Mon, 02 Mar 2009 10:27:21 +0800