Meda Inc to change name to Meridian Bhd

PETALING JAYA (Feb 25): Meda Inc Bhd has received the greenlight from its shareholders at an extraordinary general meeting today to change its name to Meridian Bhd and undertake a private placement of up to 10% of its total issued shares to fund the development of Malaysia Tourism City (MTC) in Melaka.

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Dr Mahathir: Too expensive to cancel all toll rates

KLANG (Feb 25): Prime Minister Tun Dr Mahathir Mohamad today said the government is taking the initiative to fulfil its election promise to abolish toll collection in stages with the introduction of the 'congestion charge', to encourage people to use highways during non-peak hours.

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