You can afford to buy a home, if you do this
We have heard Malaysians complaining about house prices soaring beyond reach.
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%.
Khazanah and PLUS will reveal details of toll restructuring initiative later
KUALA LUMPUR (Jan 17): Khazanah Nasional Bhd, which owns 51% in PLUS Malaysia Bhd, hailed the Cabinet’s decision not to sell the highway concessionaire to the private sector and reducing toll charges by 18% for passenger vehicles on all PLUS highways.
No house despite paid deposit
KUALA LUMPUR (Jan 17): Six years ago, they each forked out the down payment and signed the sale and purchase agreement, but until today, the promised homes are still nowhere in sight.
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.
Apple features picture taken by Malaysian policeman
PETALING JAYA (Jan 17): American multinational technology company Apple's official Instagram account shared a picture taken by local policeman Azmeer Iskandar yesterday.
‘PLUS concession restructuring entails RM7.5b securitisation’
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.
IDEAS supports Cabinet decision to not sell PLUS, calls for divestment policy
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.
All eyes on upcoming mega infrastructure job awards in 2020
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.
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.
