KUALA LUMPUR (Jan 18): Prime Minister Tun Dr Mahathir Mohamad today said allowing PLUS Malaysia Bhd, the country’s biggest highway concessionaire, to remain with present owners Khazanah Nasional Bhd and the Employees Provident Fund (EPF) is the "best decision”.
KUALA LUMPUR (Jan 17): The Employees Provident Fund of Malaysia (EPF) — which owns a 49% stake in PLUS Malaysia Bhd — supports the Government's decision not to sell the highway concessionaire, saying the move would facilitate the proposed lowering of toll rates on all of its highways by 18%.
KUALA LUMPUR (Jan 16): The government has decided not to sell Projek Lebuhraya Utara-Selatan (PLUS) Malaysia Bhd but the concessionaire will have to reduce the toll rates, said Tun Dr Mahathir Mohamad (pictured).
KUALA LUMPUR (Jan 15): The Cabinet had at its meeting today decided that highway concessionaire PLUS Malaysia Bhd will not be sold and will remain under its current shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF), according to sources.
KUALA LUMPUR (Jan 14): Khazanah Nasional Bhd and the Employees Provident Fund (EPF) have never put highway concessionaire PLUS Malaysia Bhd up for sale and should the government decide to let go of PLUS, the next step is to conduct a formal engagement with the current shareholders.
KUALA LUMPUR (Jan 1): Employees Provident Fund (EPF) CEO Tunku Alizakri Raja Muhammad Alias has been made a non-independent and non-executive director of Sime Darby Plantation Bhd, effective Jan 1.
KUALA LUMPUR (Dec 6): Paragon Globe Bhd is acquiring 31.