KUALA LUMPUR (March 2): WCE Holdings Bhd says toll collection has started at Section 5 of the West Coast Expressway, operated by its 80%-owned unit West Coast Expressway Sdn Bhd.
KUALA LUMPUR (Jan 31): Motorists plying highways managed by PLUS Malaysia Bhd will enjoy an 18% reduction in toll rates from midnight.
KUALA LUMPUR (Jan 20): The cabinet's decision to retain the ownership of PLUS Malaysia Bhd is a positive for Gamuda Bhd, as this will be seen as consistent with the government's previously announced plan to take over the four highways held by Gamuda, said Kenanga Investment Bank Bhd Research.
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.
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 15): The government has been engaging with PLUS Malaysia Bhd's shareholders over the objective of reducing toll for highway users.
KUALA LUMPUR (Nov 11): CIMB Group Holdings Bhd and PLUS Malaysia Bhd announced today that their joint venture company, Touch n' Go Sdn Bhd (TNG), will be launching the RFID tag as an additional payment option for road users at all PLUS expressways across the country next year.
KUALA LUMPUR (Nov 1): The details of the proposed acquisition of four Gamuda Bhd toll concessionaires, which were supposed to be finalised yesterday between the company and the government, has been extended for another two months, with the latest completion date set no later than March 31 next year, according to the company.
KUALA LUMPUR (Oct 10): Integrated facility management and construction outfit Widad Business Group (WBG) has offered to buy the PLUS Expressways Bhd's concessionaires by taking over 51% of Khazanah Nasional Bhd's shares for RM1.