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THAT the shareholders of highway operator PLUS Malaysia Bhd, namely Khazanah Nasional Bhd’s UEM Group Bhd and the Employees Provident Fund (EPF) received a takeover offer this week for their stakes in PLUS, is not entirely surprising or new.
PETALING JAYA: Two shareholders of PLUS Malaysia Bhd – the Employees Provident Fund (EPF) and UEM Group Bhd – have reiterated that they have no intention to sell their stakes in the country’s largest highway concessionaire. UEM Group has a 51% stake in PLUS, while the EPF owns the remaining 49%.
CICET Asia Development Sdn Bhd’s maiden project Greenfield Residence, strategically located in the education hub of Bandar Sunway, Petaling Jaya, now has showhouses open for viewing.
From GUS GHANI , Kuala Lumpur
WALKING past PJ State Cinema always fills old-timers James Chow and J.S. Henry with nostalgia.
KUALA LUMPUR: CIMB Equities Research said although WCT’s de-gearing initiatives remain largely on track, it was disappointed that the real estate investment trust (REIT) plans have been deferred to 2Q18 due to land and tenancy matters.
Self-driving cars will begin taking test laps this December on the site of a famous World War II airplane factory in Michigan where Rosie the Riveter helped produce a shiny B-24 Liberator bomber every hour more than seven decades ago.
MITRALAND Group did not forget the less fortunate during the ground-breaking ceremony of its lake park at the Gravit8 development project in Port Klang.
PETALING JAYA: A heavy downpour on Friday evening is causing massive traffic jams along major roads in the Klang Valley. Flash floods were also reported at several locations.
PETALING JAYA: A three-car pile up on the Federal Highway amid a downpour resulted in an 11km crawl from Sungai Rasau to Batu Tiga on Tuesday morning.