News about toll

KUALA LUMPUR (Nov 26): IJM Corp Bhd's net profit plunged 80.

KUALA LUMPUR (Nov 24): Malaysian Resources Corp Bhd (MRCB) has received the settlement sum of RM1.

  KUALA LUMPUR (Nov 16): Double the cost of the construction of highways has been collected, since operations to collect tolls began, said Works Minister Baru Bian.

Restructure highway concessions into highway trusts, and list them on Bursa Malaysia, in order to halve toll charges? A corporate proposal says this model could reduce toll charges by as much as 50%, following the example of real estate investment trusts (REITS).

KUALA LUMPUR (October 5): Following its deferment of toll abolition, the government is now considering giving rebates or discounts for road users, as well as extending the concessions for tolled roads, to bring down toll rates, according to Works Minister Baru Bian.

PETALING JAYA (Oct 5): The government will reveal its final decision on the abolition of toll charges in two to three months, said Works Minister Baru Bian today.

KUALA LUMPUR (September 27): RAM Ratings has downgraded the long-term rating of MRCB Southern Link Bhd’s RM845 million senior sukuk to C1 from BB3 on heightened default risk following the abolishment of toll collections at the Eastern Dispersal Link (EDL) which is being taken over by the government.

PETALING JAYA (Sept 24): The government will continue to compensate highway concessionaires for not raising their toll fares as it seeks to fulfill its election promise of abolishing tolls, said special officer to the Finance Minister Tony Pua.

IJM Corp Bhd (Aug 29, RM1.

KUALA LUMPUR (Aug 25): The Bukit Raja toll plaza is fully operational again, said a spokesperson for the Malaysian Highway Authority as quoted by the Malay Mail.