PNB makes offer for Silk unit

A Silk highway electronic signage at Sungai Ramal. The country’s largest fund management company is making a cash offer of RM380mil for the company which runs the highway.

Country’s largest fund management company offers RM380mil cash

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has become the latest suitor of Silk Holdings Bhd’s (SHB) unit Sistem Lingkaran-Lebuhraya Kajang Sdn Bhd, the concession holder of the Kajang Traffic Dispersal Ring Road, known popularly as Silk Highway.