KUALA LUMPUR (Oct 14): The government will be opening up RM925 million worth of packages for the Sabah portion of Pan Borneo Highway in the first quarter of next year (1Q20).
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.
KUALA LUMPUR (Oct 7): Prime Minister Tun Dr Mahathir Mohamad said today the Malaysian government can consider private sector proposals to reduce highway tolls because the government is unable to eliminate these charges immediately due to the high expenses involved.
KUALA LUMPUR (Aug 30): Kimlun Corp Bhd's net profit rose 36.
Construction sector Maintain market weight: The New Straits Times has reported that the government is planning to acquire 15 highways nationwide for RM43 billion via issuing debt to the concessionaires.
KUALA LUMPUR (Aug 20): Works Minister Baru Bian is not aware of a new plan for the government’s takeover of 15 highways.
KUALA SELANGOR (Aug 8): Works Minister Baru Bian said today that the government's highway toll study has been completed and that the Cabinet will decide on the matter by this month.