Halim Saad and Wong make RM5.2bil offer to take over PLUS


“I intend to undertake this offer with Wong, a prominent businessman, who currently sits on the boards of Insas Bhd, Inari Amertron Bhd, Ho Hup Construction Co Bhd, SYF Resources Bhd and Yi-Lai Bhd, ’’ Halim said in the letter dated Oct 11 sighted by StarBiz.

PETALING JAYA: Businessman Tan Sri Halim Saad and Datuk Wong Gian Kui have joined the race to take over PLUS Malaysia Bhd (PMB) with a RM5.2bil offer.

This is also not the first time Halim is wanting to get PMB back. Last October, he and his friends via Karongsa Private Capital Sdn Bhd had written to Works Minister Baru Bian to propose the setting up of a highway trust company to take over all the toll roads in the country.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Halim Saad , Wong , offer , take over , PLUS , RM5.2bil , highway ,

Next In Business News

Official reserve assets total US$124bil, says BNM
Pakistan’s growth in September quarter slows
NCT Alliance gets nod for acquisition
Nor Zahidi continues as MPC member
Semico’s FY26 to FY27 revenue expected to grow�
Malaysia Smelting appoints two co-group CEOs�
LFE Corp secures RM11.5mil job
Kelvin Tan reappointed Innoprise MD
Jasrinderjit Singh is new Lagenda CEO
Fini boss forecasts huge increase in nickel demand

Others Also Read