SHAH ALAM: Puncak Niaga Holdings Bhd is going big in-to the plantation business in a move to diversify its non-water revenue stream, said executive chairman Tan Sri Ro-zali Ismail. He said the group has identified a few poten-tial pieces of land and the estates to acquire. Rozali said part of the proceeds from the stake disposals of its units, Puncak Niaga (M) Sdn Bhd and Syarikat Bekalan Air Selangor Sdn Bhd, may be used for the acquisitions. Rozali also said the water engineering business would remain part of the group while the oil and gas segment would be strengthened. Bernama
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