Boustead says Miros studies show a decay rate in accident-prone areas where AES is installed, demonstrating a drop in fatal accidents and lower summons volumes.
Both will own a combined stake of 99.17% in Irat Properties
KUALA LUMPUR: Conglomerate Boustead Holdings Bhd and Lembaga Tabung Angkatan Tentera (LTAT) are taking over the controversial automated traffic enforcement system (AES) operations in Malaysia by acquiring a 50% stake in Irat Properties Sdn Bhd.
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