'Highway trusts' to halve toll charges?

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).

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Govt mulls options to bring down toll rates

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.

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RAM downgrades MRCB Southern Link’s RM845m sukuk

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.

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