KUALA LUMPUR (Dec 22): Ranhill Utilities Bhd said the National Water Services Commission has renewed the group's licence to treat and supply treated water to consumers in Johor for the next three years.

The group said in a filing today that the renewed licence was issued to the group's subsidiary Ranhill SAJ Sdn Bhd, the exclusive provider of source to tap water in Johor.

The licence enables the company to complete the cycle of potable water supply services from the sourcing of raw water, treatment of water to consumers, and the management of the maintenance of the water supply.

As at Dec, 2019, Ranhill SAJ managed 44 water treatment plants with a total capacity of 2,026 million litres per day of treated water in Johor. It served around 3.8 million local residents and managed 22,917km of pipes.

Ranhill shares were 3.5 sen or 3.89% lower at 86.5 sen in afternoon trading, bringing the group a market capitalisation of RM927.75 million. A total of 1.57 million shares changed hands.