KUALA LUMPUR (Jan 18): The Employees Provident Fund of Malaysia (EPF) — which owns a 49% stake in PLUS Malaysia Bhd — supports the Government's decision not to sell the highway concessionaire, saying the move would facilitate the proposed lowering of toll rates on all of its highways by 18%.
KUALA LUMPUR (Oct 31): Khazanah Nasional Bhd is not keen on selling its stake in PLUS Malaysia Bhd (PLUS) although several takeover proposals have been submitted to the government by several private entities.
KUALA LUMPUR (Oct 31): The competition for toll roads is heating up.
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.
PUTRAJAYA (May 27): Prime Minister Tun Dr Mahathir Mohamad said that there has yet to be a decision made on reducing toll rates in the country.
PETALING JAYA (March 2): The planned state highway takeover of concessions owned by Gamuda Bhd has some observers saying that it is a step in the right direction for the Pakatan Harapan government in fulfilling promises from their election manifesto.
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.