WCE begins toll collection at Section 5 of West Coast Expressway
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.
MoF: RM16.5b represents only construction cost of Sarawak Pan Borneo Highway
KUALA LUMPUR (Feb 12): The Ministry of Finance (MoF) has rebutted claims that the total cost of the Sarawak portion of the Pan Borneo Highway project was RM16.
Samling sues Ekovest over dispute involving Pan Borneo Highway project
KUALA LUMPUR (Feb 7): Ekovest Bhd and its wholly-owned subsidiary Ekovest Construction Sdn Bhd (ECSB) are being sued by their former joint venture partner Samling Resources Sdn Bhd over a dispute involving work on the Sarawak portion of the Pan Borneo Highway project.
Touch 'n Go to expand RFID reach beyond highways and double user base this year
KUALA LUMPUR (Feb 7): Touch n' Go Sdn Bhd (TNG), which is planning to expand the use of its RFID tag beyond highways, is targeting to double its RFID tag users — which number one million now — by the end of this year.
New project funding deal cuts Sarawak Pan-Borneo Highway project costs by RM3.1b
PUTRAJAYA (Feb 6): The Government has saved some RM3.
PLUS 18% reduction in toll rates begins at midnight
KUALA LUMPUR (Jan 31): Motorists plying highways managed by PLUS Malaysia Bhd will enjoy an 18% reduction in toll rates from midnight.
Mudajaya bags RM32m contract to supply street lighting for SUKE
KUALA LUMPUR (Jan 22): Mudajaya Group Bhd has bagged a RM31.
Govt's decision to retain ownership of PLUS a positive for Gamuda: Kenanga Research
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.
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.
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.
