News about US

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.

PETALING JAYA (Jan 17): American multinational technology company Apple's official Instagram account shared a picture taken by local policeman Azmeer Iskandar yesterday.

KUALA LUMPUR (Jan 17): The restructuring exercise of PLUS Malaysia Bhd’s concession agreements to bring about toll rate reductions is believed to entail the securitisation of its future cash flow estimated at RM7.

KUALA LUMPUR (Jan 16): The Institute for Democracy and Economic Affairs (IDEAS) supports the Cabinet's decision to not sell Projek Lebuhraya Utara-Selatan (PLUS) Malaysia Bhd.

  KUALA LUMPUR (Jan 16): The construction industry saw a recovery in sentiment in 2019, amid news of the government’s intention to revive several mega infrastructure projects that were put on hold or postponed after the government change in 2018.

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 15): The government has been engaging with PLUS Malaysia Bhd's shareholders over the objective of reducing toll for highway users.

KUALA LUMPUR (Jan 14): In its effort to recover long overdue arrears, Kuala Lumpur City Hall (DBKL) has resorted to sending personal Whatsapp messages to defaulters.

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 14): Amverton Bhd’s founder, chairman and controlling shareholder, Tan Sri Ng Boon Thong, intends to take the property company private by offering to buy the remaining shares in the company at RM1.