PETALING JAYA: Asas Serba Sdn Bhd, a company that sensationaly made a bid to buy all the highways in the country for RM50bil last year, might find too many obstacles in its way should it decide to lodge a bid for PLUS Expressways Bhd, according to analysts.
Analysts said that unless Asas Serba secured a tacit approval from the Government for its fresh bid for PLUS, the private company might find it difficult to win over PLUS’ substantial shareholders.
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