News about highway

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 (Dec 18): Highway operator WCE Holdings Bhd saw a 2.

PETALING JAYA (Dec 14): A bridge under construction in Pujut, Miri collapsed yesterday, injuring two workers, Malaysiakini reported today.

KUALA LUMPUR (Nov 15): WCE Holdings Bhd, the concessionaire of West Coast Expressway, announced yesterday that its rights issue of redeemable convertible preference shares (RCPS) with free warrants, to raise up to RM481.

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 9): Zecon Bhd’s auditor Messrs Crowe Horwath has highlighted a material uncertainty in the group’s financial statements for the financial year ended June 30, 2019 (FY19).

KUALA LUMPUR (Nov 8): Payment for the Pan Borneo highway project is not delayed and is expected to arrive as per the agreement with the works package contractors (WPCs), said Lebuhraya Borneo Utara (LBU).

KUALA LUMPUR (Nov 6): Gadang Holdings Bhd said it intends to participate in the open tender process for the three Pan Borneo Sabah packages — worth RM925 million — to be awarded next year, besides having submitted bids for some RM1 billion worth of construction jobs.

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.

PETALING JAYA (Oct 31): S P Setia Bhd will incorporate smart-home features in its upcoming landed residential development next year.