EPF defends Duke Highway buy


Fund says valuation derived from extension of toll concession and its second phase

PETALING JAYA: The Employees Provident Fund (EPF) has defended its purchase of the concessionaire for the Duta-Ulu Klang Expressway (Duke), citing several key reasons to justify the high valuations of the toll operator.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , epf , highway , assets

   

Next In Business News

KPPB signs up for Penang development deal
Scientex to deploy large-scale solar PV system
Wage reform concerns
VSTECS shares hit all-time high
Brahmal is major shareholder of MCE Holdings
Tech firms optimistic despite challenges
Salcon unit bags RM9.7mil sewerage deal
MR DIY begins 2024 financial year on a positive note
Wong charged with abetting securities fraud
Contractors in for stronger growth momentum

Others Also Read