Litrak, MOF Inc extend cut-off date over highway takeover talks to Oct 31

Damansara-Puchong Highway (LDP) aerial view

KUALA LUMPUR: Tolled-highway operator Litrak Holdings Bhd and the Minister of Finance Incorporated (MOF Inc) have mutually agreed to extend the cut-off date to negotiate and finalise the terms of the acquisition from Aug 30 to Oct 31.

Litrak Holdings said on Thursday MOF Inc and Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (Sprint Holdings), a 50% associate of Litrak Holdings, have also mutually agreed to extend the cut-off date to Oct 31.