PETALING JAYA: Asas Serba Sdn Bhd, which is proposing to take over 23 tolled roads and highways in the country, said no single individual would control the highways as institutional shareholders and bondholders would dictate how the company is run.
The company, which has yet to receive an answer from the Government on its proposal, said its bold takeover plan was workable and it did not need a government guarantee to make the offer bankable.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
