Maju offers 36% toll reductions in PLUS takeover


Maju Holdings Sdn Bhd is offering a reduction in tolls from 25% to up to 36% under its amended proposal to the government.

It said in a statement issued on Wednesday it said proposed to bear the toll reduction in full and it was not seeking financial compensation from the government for this.

“The government currently owes PLUS, approximately RM2.7bil in toll compensation and if Maju Holdings takes over PLUS, we are pleased to inform that we will no longer hold the government responsible for these debts, ” it said.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business

Cypark fully redeems Tranche 1 perpetual sukuk musharakah worth RM235mil
Pharmora raises Apex Healthcare stake to 94.94% in takeover offer
Genting Vista issues RM3bil unrated medium-term notes
Ringgit ends firmer vs US$, major currencies
Late buying lifts Bursa Malaysia's key index to close firmer
HeiTech Padu to supply ICT equipment to Hospital Miri for RM17.62mil
TT Vision unit bags contracts valued at combined RM7.11mil
Shareholders approve all resolutions at Propel Global EGM
Economist Madeline Berma passes away
Gold bounces from two-week low as thin trade sparks volatile moves

Others Also Read