Answer on KPS

Someone ask me on KPS outlook... here's my short feedback.

Company background:
1. KPS = Kumpulan Perangsang Selangor
2. Basically, KPS is a water treatment operator and service provider. The Company holds strategic stakes in major water supply companies namely Konsortium ABASS Sdn Bhd (100%) via Titisan Modal (M) Sdn Bhd a 55% owned subsidiary of KPS, Syarikat Pengeluar Air Selangor Holdings Berhad (30%) via Viable Chip (M) Sdn Bhd, a 100% owned subsidiary of KPS and Taliworks Corporation Berhad (20%).
3. The Company's Chairman is Dato' Hj Abd Karim Munisar

Fundamental Data:
With share price of RM1.32, here's some fundamental data:
1. Trading below book value of RM2.04
2. Last FY dividend yield (gross) is 4.0%
3. Trading at historical PER of 8.37x.
4. Heard rumours something is on with this Company, but unsure about how true it is...

I have no view on this stock, thus I can only provide some factual information here...