KUALA LUMPUR: The planned acquisition of UEM Group by MMC Corp Bhd is seen as a move for the highways under the group but there are other synergies that may be extracted after the takeover.
Sources with knowledge of the proposal say concerns over the indebtedness of MMC are overblown should MMC secure PLUS Expressways Bhd as the shared benefits from other businesses in UEM would offset the reduction in profit from the capping of toll rates.
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