New offer to buy PLUS highway and run it with EPF

Lower toll charges: The company says it has identified a global strategic partner/investor to fund the proposed acquisition, coupled with the group’s internal funds.

PETALING JAYA: Another offer with a reduction in toll charges has come in for PLUS Expressways Bhd concessionaires from low-profile Widad Business Group Sdn Bhd (WBG), which has made a RM3bil bid for the prized highways.

In a statement yesterday, the integrated facility management and construction company said its proposal offered two options – the first being a 51% takeover of Khazanah Nasional Bhd’s shares for RM1.5bil in cash consideration, where the remaining 49% will be public shareholding owned by the Employees Provident Fund (EPF).