PUTRAJAYA (Dec 31): The cabinet is likely to decide next week on the proposed takeover of highway concessionaire PLUS Malaysia Bhd and four Klang Valley highways linked to Gamuda Bhd, says Finance Minister Lim Guan Eng.
KUALA LUMPUR (Dec 20): The deadline to complete negotiations on the acquisition of four highway concessions by Minister of Finance (Incorporated) [MoF Inc] for a total enterprise value of RM6.
KUALA LUMPUR (Nov 29): Lingkaran Trans Kota Holdings Bhd (Litrak), the concessionaire of the Lebuhraya Damansara-Puchong (LDP) and the SPRINT Highway, saw its net profit rise 13.
KUALA LUMPUR: Economist Muhammed Abdul Khalid criticised the finance ministry’s decision to acquire four urban tolled highways for RM6.
KUALA LUMPUR (Oct 18): The Liberal Democratic Party (LDP) of Sabah today managed to get RM500,000 that was frozen in its account following forfeiture proceedings today, after the prosecution from the Attorney General’s Chambers accepted its representation.
KUALA LUMPUR (Oct 11): Finance Minister Lim Guan Eng said the Cabinet has approved the takeover of four highways in the Klang Valley, namely the Shah Alam Highway (KESAS), Damansara-Puchong Highway (LDP), Sprint Highway and the SMART Tunnel.
PETALING JAYA (Dec 5): You have trouble backing out of your driveway into the road in front of your house because the traffic is so heavy.
PETALING JAYA (Nov 30): IOI Properties Group Bhd has engaged with Lingkaran Trans Kota Sdn Bhd (Litrak) to provide an additional alternative route to Bandar Puteri Puchong while the Bandar Puteri Puchong Interchange remains closed due to upgrading works.