News about highway

PETALING JAYA: Veteran newsman Datuk A.

  KUALA LUMPUR (Oct 31): PLUS Malaysia Bhd said today the highway operator was already a debt-ridden company when Syarikat Danasaham Sdn Bhd took over UEM Group Bhd (UEMG) from Renong Bhd and subsequently privatised UEMG in 2001.

KUALA LUMPUR: Economist Muhammed Abdul Khalid criticised the finance ministry’s decision to acquire four urban tolled highways for RM6.

KUALA LUMPUR (Oct 22): Although the government prefers to stay out of business and is willing to divest its stake in PLUS Highway, Prime Minister Tun Dr Mahathir Mohamad said the offers by the private sector so far are not attractive enough.

PETALING JAYA (Oct 17): What can be developed on the site of the former Employees Provident Fund (EPF)’s PJ office (pictured)? The Edge Malaysia spoke to some valuers for their views and they said “apart from an outright sale, EPF can redevelop the site or repurpose it”.

KUALA LUMPUR (Oct 18): Malaysian Rating Corp Bhd (MARC) has downgraded MEX II Sdn Bhd’s RM1.

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 (Sept 28): Gamuda Bhd returned to the black in the fourth financial quarter ended July 31, 2019 (4QFY19), posting a net profit of RM184.