PLUS 18% reduction in toll rates begins at midnight
KUALA LUMPUR (Jan 31): Motorists plying highways managed by PLUS Malaysia Bhd will enjoy an 18% reduction in toll rates from midnight.
EPF: Cabinet decision not to sell PLUS will facilitate implementation of 18% toll reduction
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%.
PMO: No toll hike on PLUS highways until 2058
KUALA LUMPUR (Jan 17): The Prime Minister's Office of Malaysia (PMO) said there will be no toll rate hikes on PLUS Malaysia Bhd's highways as PLUS' concessions will be extended for 20 years from 2038 to 2058.
Cabinet decided PLUS will not be sold — sources
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.
Shahril Ridza: PLUS sale needs to be done properly via Khazanah, EPF
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.
EPF CEO Tunku Alizakri made director of Sime Darby Plantation
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.
Nasir to depart from EPF — source
KUALA LUMPUR (Dec 17): Employee Provident Fund's (EPF) deputy chief executive officer (Investment) Datuk Mohamad Nasir Ab Latif (pictured) will be retiring from his position upon the expiry of his contract at the end of this month, a source confirmed.
EPF opens new PJ branch in PJX-HM Shah Tower
KUALA LUMPUR (Dec 6): The Employees Provident Fund (EPF) has opened a new members-only branch in Petaling Jaya.
Paragon Globe buys 31-acre land in Pulai for commercial development
KUALA LUMPUR (Dec 6): Paragon Globe Bhd is acquiring 31.
Battersea Power Station unveils first completed apartment
PETALING JAYA (Nov 20): The developer of Battersea Power Station in London has given a sneak peek of the apartments being built at the Grade II* listed landmark on the River Thames before the iconic building opens in the summer of 2021.
